Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 76

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 76
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 became 
 an interested shareholder. The term “business combination” includes mergers, asset sales and other transactions resulting                 
 in a financial benefit to the interested shareholder. An “interested shareholder” is a person who is the beneficial owner,                
 directly or indirectly, of 10% or more of a corporation’s voting stock, or who is an affiliate or associate of the corporation,           
 and who, at any time within four years before the date in question, was the beneficial owner, directly or indirectly, of 10% or more      
 of the corporation’s outstanding voting stock.                                                                                            |

| ● | If a takeover offer is made for our stock, MBCA Section 302A.675                                                                             
 (Takeover offer; fair price) precludes the offeror from acquiring additional shares of stock (including in acquisitions pursuant to mergers, 
 consolidations or statutory share exchanges) within two years following the completion of the takeover offer, unless shareholders selling    
 their shares in the later acquisition are given the opportunity to sell their shares on terms that are substantially the same as those       
 contained in the earlier takeover offer. A “takeover offer” is a tender offer that results in an offeror who owned ten percent               
 or less of a class of our shares acquiring more than ten percent of that class, or that results in the offeror increasing its beneficial     
 ownership of a class of our shares by more than ten percent of the class, if the offeror owned ten percent or more of the class before       
 the takeover offer. Section 302A.675 does not apply if a committee of our board of directors formed in accordance with Section 302A.675      
 approves the proposed acquisition before any shares are acquired pursuant to the earlier tender offer.                                       |

<div align='center'>17

DESCRIPTION OF DEBT SECURITIES</div>

This section describes the general terms and provisions
of our debt securities, which could be senior debt securities or subordinated debt securities. A prospectus supplement will describe the
specific terms of the debt securities offered through that prospectus supplement and any general terms outlined in this section that will
not apply to those debt securities.

The senior debt securities will be issued under
an indenture, referred to herein as the “senior indenture,” between us and the trustee named in the applicable prospectus
supplement. The subordinated debt securities will be issued under an indenture, referred to herein as the “subordinated indenture,”
between us and the trustee named in the applicable prospectus supplement.

We have