Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 68

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 68
---
 shown on, and transfers of those ownership interests will be effected only through, records maintained by DTC and its participants
for that global security. The conveyance of notices and other communications by DTC to its participants and by its participants to owners
of beneficial interests in the debt securities will be governed by arrangements among them, subject to any statutory or regulatory requirements
in effect.

<div align='center'>28</div>

We understand that DTC is a limited-purpose trust
company organized under the New York Banking Law, a “banking organization” within the meaning of the New York Banking Law,
a member of the Federal Reserve System, a “clearing corporation” within the meaning of the New York Uniform Commercial Code
and a “clearing agency” registered under the Exchange Act. DTC is a wholly owned subsidiary of The Depository Trust &
Clearing Corporation (“DTCC”). DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income
Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries.

DTC holds the securities of its participants and
facilitates the clearance and settlement of securities transactions among its participants in such securities through electronic book-entry
changes in accounts of its participants. The electronic book-entry system eliminates the need for physical certificates. DTC’s participants
include securities brokers and dealers, including underwriters, banks, trust companies, clearing corporations and certain other organizations,
some of which, and/or their representatives, own DTCC. Banks, brokers, dealers, trust companies and others that clear through or maintain
a custodial relationship with a participant, either directly or indirectly, also have access to DTC’s book-entry system. The rules
applicable to DTC and its participants are on file with the SEC.

The above information with respect to DTC has been
provided for informational purposes only and is not intended to serve as a representation, warranty or contract modification of any kind.

Clearstream

We understand that Clearstream was incorporated
under the laws of Luxembourg as an international clearing system. Clearstream holds securities for its participating organizations, or
“Clearstream Participants,” and facilitates the clearance and settlement of securities transactions between Clearstream Participants
through electronic book-entry changes in accounts of Clearstream Participants, thereby eliminating the need for physical movement of certificates.
Clearstream provides to Clearstream Participants, among other things, services for safekeeping, administration, clearance and settlement
of internationally traded securities and securities lending and borrowing. Clear