Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 31

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 31
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 of the outstanding shares of the capital stock of our company entitled to vote in
any annual election of directors or class of directors, voting together as a single class. In addition, our certificate of incorporation
provides that any newly created directorships resulting from an increase in the number of directors and any vacancies on our board of
directors resulting from death, resignation, retirement, disqualification, removal or other cause will be filled exclusively by a majority
vote of the directors then in office, even if less than a quorum, or by a sole remaining director, and not by stockholders.

Supermajority Provisions. Our certificate
of incorporation provides that our board of directors is expressly authorized to adopt, amend or repeal our bylaws without a stockholder
vote through the affirmative vote of at least a majority of the board of directors. In addition, our bylaws may be adopted, amended or
repealed by a majority of the stockholders in attendance at any meeting of stockholders that has been duly called for such purpose.

The DGCL provides generally that the affirmative
vote of a majority of the outstanding shares entitled to vote thereon, voting together as a single class, is required to amend a corporation’s
certificate of incorporation, unless the certificate of incorporation requires a greater percentage. Our certificate of incorporation
provides that provisions of our certificate of incorporation may be amended, altered, changed or repealed upon the affirmative vote of
at least a majority of the shares of our voting stock that are outstanding at the time, at a meeting of the stockholders duly called for
such purpose.

Meetings of Stockholders

No action that is required or permitted to be taken
by our stockholders may be taken without a meeting, and the power of stockholders to consent in writing, without a meeting, to the taking
of any action is specifically denied. A special meeting of stockholders may be called at any time only by our board of directors or our
CEO together with our COO or CFO for any purpose or purposes prescribed in a notice of such special meeting.

<div align='center'>S-14

DESCRIPTION OF COMMON WARRANTS</div>

The following summary of certain terms and provisions of common warrants that are being offered hereby is not complete and is subject to, and qualified in its entirety by, the provisions of the common warrants.

Series A Warrant

Form. The Series A
Warrants will be issued as individual warrant agreements to the investors. You should review the form of Series A Warrant for a complete