Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 14

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 14
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 difficult for shareholders to dispose of
our common stock and more difficult to obtain accurate price quotations on our common stock. This could have an adverse effect on the
price of our common stock. Our ability to issue additional securities for financing or other purposes, or otherwise to arrange for any
financing we may need in the future, may also be materially and adversely affected if our common stock is not traded on a national securities
exchange. In the past, from time to time, we have received certain notices from Nasdaq of non-compliance items.

For example, as previously reported, the Company
had received respective Nasdaq non-compliance letters regarding: (i) a Minimum Bid Price Deficiency notice from the Listing Qualifications
Department (the “Staff”) of The Nasdaq Stock Market notifying the Company that, for the 30 consecutive business day period
immediately preceding April 11, 2025 deficiency letter, the Company’s common stock had not maintained a minimum closing bid price
of $1.00 per share (the “Minimum Bid Price Requirement”) and, as a result, did not comply with Listing Rule 5550(a)(2); and
(ii) the Staff’s additional delisting notice pursuant to its discretionary authority under Listing Rule 5101 based on public interest
concerns related to the Company’s securities offering announced on February 27, 2025.

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Following receipt of the April 2025 deficiency
notice, the Company timely requested a hearing before the Nasdaq Hearing Panel. The hearing request automatically stayed any suspension
or delisting action pending the outcome of the hearing. The Company appeared before the Nasdaq Hearing Panel on May 27, 2025 to address
the above-noted compliance matters. As of the hearing date, the Company had been in Compliance with the Minimum Bid Price for not less
than twenty-five (25) consecutive trading days, and has since maintained Minimum Bid Price compliance to date.

On June 10, 2025, the Company received the Nasdaq
Hearing Panel’s decision in which it notified the Company that it did not find the Company to be in violation of Listing Rules
5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively. Accordingly, the June
10, 2025 letter further provided that the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and that
the above-referenced matter was