Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 24

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 24
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2024:

| Public offering price per share                                                                          
 Historical net tangible book value per share at September 30, 2024                                       |     |   |   1.15 
 (22.43 | ) |
|:---------------------------------------------------------------------------------------------------------|:----|:--|-------:|:--|
| Increase in net tangible book value per share to the existing stockholders attributable to this offering |     | $ |  22.27 |   |
| As adjusted net tangible book value per share after this offering                                        |     | $ |  (0.16 | ) |
| Decrease in net tangible book value per share to new investors                                           |     | $ |   1.31 |   |

Based on 940,385 shares of common stock outstanding
as of September 30, 2024. This information is supplied for illustrative purposes only, and will adjust based on the actual offering prices,
the actual number of shares that we offer and sell in this offering and other terms of each sale of shares in this offering.

<div align='center'>S-10

DESCRIPTION OF SECURITIES</div>

The following summary of the general terms and
provisions of our capital stock does not purport to be complete. We encourage you to read our certificate of incorporation, bylaws, and
the DGCL for additional information.

Authorized Shares of Capital Stock

As of the date hereof, our authorized shares of capital stock is 1,000,000,000 shares of common stock, par value $0.05 per share and 3,000,000
shares of preferred stock, $1.00 par value per share. We currently have no shares of preferred stock issued or outstanding

As of April 7, 2025, we had 20,625,893 shares of
common stock outstanding, immediately following this offering (excluding exercise of any Warrants).

Authorized but Unissued Preferred Stock

Unless required by law or by any stock exchange
on which our common stock may be listed, the authorized shares of preferred stock will be available for issuance without further action
by our stockholders. Delaware law does not require stockholder approval for any issuance of authorized shares. However, under applicable
Nasdaq Listing Rules, a company must not, subject to specified exceptions, without the approval of its stockholders, issue or agree to
issue, any equity securities, or other securities with rights to convert into equity at a price that is less than the Minimum Price (as
defined in