Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 16

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 16
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 this offering. Assuming the sale of 4,347,826 shares of common stock at the public offering price
of $1.15 per share, assuming no sale or exercise of the common warrants being offered in this offering and after deducting the placement
agent fees and commissions and estimated offering expenses payable by us, you may incur immediate dilution in pro forma as adjusted net
tangible book value. As a result of the dilution to investors purchasing securities in this offering, investors may receive significantly
less than the purchase price paid in this offering, if anything, in the event of the liquidation of our company. See the section entitled
“Dilution” below for a more detailed discussion of the dilution you will incur if you participate in this offering. To the
extent shares are issued under outstanding options and warrants at exercise prices lower than the public offering price of our common
stock in this offering, you will incur further dilution.

Your ownership may be diluted if additional capital stock is issued to raise capital, to finance acquisitions or in connection with strategic transactions.

We intend to seek to raise additional funds for
our operations, to finance acquisitions or to develop strategic relationships by issuing equity or convertible debt securities in addition
to the securities issued in this offering, which would reduce the percentage ownership of our existing stockholders. Our board of directors
has the authority, without action or vote of the stockholders, to issue all or any part of our authorized but unissued shares of common
or preferred stock. Our amended and restated certificate of incorporation authorizes us to issue up to 1,000,000,000 shares of common
stock and 3,000,000 shares of preferred stock. Future issuances of common or preferred stock would reduce your influence over matters
on which stockholders vote and would be dilutive to earnings per share. In addition, any newly issued preferred stock could have rights,
preferences and privileges senior to those of the common stock. Those rights, preferences and privileges could include, among other things,
the establishment of dividends that must be paid prior to declaring or paying dividends or other distributions to holders of our common
stock or providing for preferential liquidation rights. These rights, preferences and privileges could negatively affect the rights of
holders of our common stock, and the right to convert such preferred stock into shares of our common stock at a rate or price that would
have a dilutive effect on the outstanding shares of our common stock.

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