Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 45

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 45
---
, this prospectus, as updated by our subsequent filings under the Exchange Act, and the risk factors and other information contained in the applicable prospectus supplement before acquiring any of such securities. Additional risks and uncertainties not presently known to us or that are currently not believed to be significant to our business may also affect our actual results and could harm our business, financial condition and results of operations. The occurrence of any of these risks might cause you to lose all or part of your investment in the offered securities.

Risks Related to This Offering and Our Common Stock

The market price for our common stock has experienced significant price and volume volatility and is likely to continue to experience significant volatility in the future, which may cause the value of any investment in our common stock to decline.

Our stock price and the stock prices of companies
similar to us have been highly volatile. In addition, stock markets generally have recently experienced volatility. Our stock price has
experienced significant price and volume volatility , and our stock price is likely to experience significant volatility in the future.
On January 3, 2022 (the first trading day of 2022), March 25, 2022 (the trading day prior to the closing of the merger of Commercial Systems,
Inc. and Pineapple Energy LLC) and August 24, 2022, the last reported sale price for our common stock on the Nasdaq Capital Market was
$9.80, $8.89 and $3.31 per share, respectively. The price of our common stock may decline and the value of any investment in our common
stock may be reduced regardless of our performance. Further, the daily trading volume of our common stock has historically been relatively
low. As a result of the low volume, our shareholders may be unable to sell significant quantities of common stock in the public trading
markets without a significant reduction in the price of our common shares. The trading price of our common stock may be influenced by
factors beyond our control, such as the volatility of the financial markets in general, including in reaction to the ongoing COVID-19
pandemic, uncertainty surrounding the U.S. economy, conditions and trends in the markets we serve, changes in the estimation of the future
size and growth rate of our markets, publication of research reports and recommendations by financial analysts relating to our business,
the business of our competitors or the retail industry, changes in market valuation or earnings of our competitors or other small capitalization
companies, sales of our common stock by our principal shareholders, and