Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 31

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 31
---
 photovoltaic (PV) arrays and other renewable energy solutions for commercial, industrial, and institutional
facilities across both the New York and Hawaii markets. Projects span a wide range of property types—including office buildings,
warehouses, schools, and non-profit organizations—and are tailored to meet customer needs through various system configurations,
including rooftop installations, ground-mounted arrays, and solar carports.

Corporate Information

We are currently a Delaware corporation, initially
organized in 1969, that operates directly and through our subsidiaries located in the United States (“U.S.”). On November
4, 2024, we held a special meeting of our stockholders, at which our stockholders voted on three proposals: a proposal to re-domesticate
the Company from Minnesota to Delaware, to change our Company name to SUNation Energy, Inc. and on an adjournment proposal, each of which
was approved by our stockholders pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended. On November 14, 2024,
we filed articles of conversion with the Secretary of State of the State of Minnesota and filed a certificate of conversion with the
Secretary of State of the State of Delaware changing the Company’s jurisdiction of incorporation from Minnesota to Delaware (the
“Reincorporation”), as well as having filed a Certificate of Incorporation with the Secretary of State of the State of Delaware
on this same date. In addition to the Reincorporation, the Company also effectuated a change to its name from Pineapple Energy Inc. to
SUNation Energy, Inc. (the “Name Change”), as reflected on the certificate of incorporation and bylaws, the forms of which
are included as exhibits 3.1 and 3.2, respectively, to our form 8-K filed with the Commission and effective on November 19, 2024. Additionally,
in conjunction with the Reincorporation and Name Change, we also changed our ticker stock symbol on the Nasdaq Capital Market from “PEGY”
to “SUNE,” effective November 19, 2024.

As a result of the Reincorporation, pursuant to
the Delaware General Corporation Law (the “DGCL”), the Company has continued its existence under the DGCL as a corporation
incorporated in the State of Delaware. The business, assets and liabilities of the Company and its subsidiaries on a consolidated basis,
as well as its fiscal year, were the same immediately after the Reincorpor