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SUNation Energy Terminates Series A Warrants Removing Potential Dilution of 652,174 Shares
Globenewswireยท2025-06-27 13:01

Core Points - SUNation Energy, Inc. has terminated all outstanding Series A Common Stock Purchase Warrants, which were part of a Registered Direct Offering from February 27, 2025, in exchange for a one-time payment of approximately $267,392 [1][2] - The termination of the Series A Warrants eliminates the potential dilution from up to 652,174 shares of stock, streamlining the capital structure and enhancing financial flexibility [2] Company Overview - SUNation Energy, Inc. is a provider of sustainable solar energy and backup power solutions, focusing on solar electricity and battery storage [1][3] - The company operates in key markets including New York, Florida, and Hawaii, and offers a comprehensive range of products and services for homeowners and businesses [3]