SUNation Energy Closes Final $5 Million Tranche of Securities Purchase Deal

MT Newswires Live

Apr 07, 2025

SUNation Energy (SUNE) said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.

The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.

SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.

Shares of SUNation Energy were down more than 68% in recent Monday trading.

Price: 0.07, Change: -0.15, Percent Change: -68.06

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2525028712"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2525028712\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2525028712?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-07 23:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2525028712","market":"nz","top_or_hot":-1,"title":"SUNation Energy Closes Final $5 Million Tranche of Securities Purchase Deal","media":"MT Newswires Live","content":"<html><body><p> SUNation Energy (SUNE) said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.</p><p>The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.</p><p>SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.</p><p>Shares of SUNation Energy were down more than 68% in recent Monday trading.</p><p>Price: 0.07, Change: -0.15, Percent Change: -68.06</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SUNation Energy Closes Final $5 Million Tranche of Securities Purchase Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSUNation Energy Closes Final $5 Million Tranche of Securities Purchase Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-07 23:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> SUNation Energy (SUNE) said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.</p><p>The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.</p><p>SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.</p><p>Shares of SUNation Energy were down more than 68% in recent Monday trading.</p><p>Price: 0.07, Change: -0.15, Percent Change: -68.06</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4096","symbol_name":"电气部件与设备","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525028712","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525028712","pubTimestamp":1744038696,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SUNation Energy  said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.Shares of SUNation Energy were down more than 68% in recent Monday trading.Price: 0.07, Change: -0.15, Percent Change: -68.06","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4096":"电气部件与设备","SUNE":"SUNation Energy Inc"},"translate_title":"SUNation Energy完成最后一笔500万美元的证券购买交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUNE":0.9},"content_text":"SUNation Energy (SUNE) said Monday that it has closed the final tranche of its previously announced securities purchase agreement with certain institutional investors, raising $5 million.The final tranche included the sale of about 4.3 million common shares, series A warrants to purchase about 17.4 million common shares, and series B warrants to purchase about 17.4 million common shares for $1.15 per share and associated warrants, according to the company.SUNation Energy said the securities purchase agreement raised a total of approximately $20 million, including $15 million from the initial tranche. Funds will be used for operations and other general corporate purposes, the company added.Shares of SUNation Energy were down more than 68% in recent Monday trading.Price: 0.07, Change: -0.15, Percent Change: -68.06","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}