Welcome to our dedicated page for SUNation Energy SEC filings (Ticker: SUNE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SUNation Energy, Inc. (Nasdaq: SUNE) SEC filings page on Stock Titan provides access to the company’s regulatory documents as filed with the U.S. Securities and Exchange Commission. SUNation Energy is a Delaware corporation whose common stock trades on The Nasdaq Stock Market LLC under the symbol SUNE, and its filings offer detailed insight into its solar, storage, and energy services business and capital structure.
Investors can review current reports on Form 8-K, where SUNation Energy discloses material events such as financing transactions, at-the-market offering agreements, warrant terminations, changes in independent registered public accounting firms, and updates to investor presentations. Certain 8-K filings also describe the company’s merger history, contingent value rights arrangements, and the final distribution and termination of its CVR agreement.
The company’s proxy materials on Schedule 14A provide information on annual meetings of shareholders, including proposals to elect directors, ratify the independent registered public accounting firm, amend the 2022 equity incentive plan, and approve potential adjournments. These documents outline voting rights, quorum requirements, and the mechanics of virtual shareholder meetings.
Through this page, users can also access SUNation Energy’s periodic reports, such as Forms 10-Q and 10-K, via the SEC’s EDGAR system. These filings contain consolidated financial statements, segment information for SUNation and Hawaii Energy Connection, and discussions of risk factors and non-GAAP measures such as Adjusted EBITDA referenced in the company’s public communications.
Stock Titan enhances these filings with AI-powered summaries that highlight key points, explain complex sections in plain language, and help readers quickly understand the implications of items like new financing agreements, auditor changes, or equity plan amendments. Real-time updates ensure that new 8-Ks, proxy statements, and other filings for SUNE appear promptly, while tools for viewing insider-related documents, such as Forms 3, 4, and 5 when available, support analysis of ownership and potential insider activity.
AWM Investment Company, Inc. has filed an initial ownership report for SUNation Energy, Inc., showing indirect holdings of 820,000 shares of Common Stock. The shares are held by Special Situations Private Equity Fund, L.P., over which AWM has sole voting and investment power, while disclaiming beneficial ownership beyond its pecuniary interest.
SUNation Energy entered into a definitive Agreement and Plan of Merger to acquire Suniva, with Merger Sub to merge into Suniva and Suniva to become a wholly owned subsidiary. Under the Exchange Ratio set by the Merger Agreement, pre-Merger Suniva stockholders are expected to own approximately 98.2% of the combined company and pre-Merger SUNation stockholders approximately 1.8% on a pro forma basis. The Merger is intended to qualify as a tax-free reorganization under Section 368(a).
The agreement includes customary closing conditions, registration and Nasdaq-listing requirements, a $1,000,000 mutual termination fee in specified circumstances, a outside termination date of January 30, 2027 (subject to a possible 60-day extension), and a covenant that SUNation’s net cash at closing will not be less than negative $1,500,000. Certain SUNation stockholders holding approximately 10.4% have entered voting agreements in favor of the Merger.
SUNation Energy, Inc. entered a definitive merger agreement with Suniva, Inc., in a reverse merger that will make Suniva a wholly owned subsidiary and the combined company is expected to operate under the Suniva name while maintaining SUNation’s Nasdaq listing.
Based on the agreed Exchange Ratio, pre‑Merger Suniva stockholders are expected to own about 98.2% of the combined company and pre‑Merger SUNation stockholders about 1.8%, with final ownership adjusted to SUNation’s net cash at closing. SUNation will seek stockholder approval for issuing new shares, converting certain secured insider debt into equity, a possible reverse stock split and an increase in its equity incentive plan reserve.
The deal is targeted to close in the second half of 2026, subject to SUNation and Suniva stockholder approvals, SEC effectiveness of a Form S‑4 registration statement, Nasdaq approval of the new shares, and SUNation’s net cash being no less than negative $1.5M. Each side may owe a $1M termination fee in specified circumstances. SUNation highlights 2025 sales of about $71.9M, high‑30‑percent gross margins and roughly $2.5M of adjusted EBITDA, while Suniva plans to invest about $350M in a 4.5 GW expansion that would bring total nameplate cell capacity to more than 5.5 GW.
SUNation Energy, Inc. entered into a securities purchase agreement with institutional and accredited investors to sell 2,390,000 shares of common stock at $1.13 per share for gross proceeds of $2,700,700 in a private offering. There are no warrants or price-adjustment features, and the shares are being issued under exemptions from registration in Section 4(a)(2) and Rule 506. The company expects the closing around June 9, 2026 and plans to use the net proceeds for working capital and general corporate purposes. Investors are subject to beneficial ownership limits of 4.99%, or 9.99% at their option. SUNation engaged Maxim Group LLC as placement agent, agreeing to pay a 4.5% cash fee on gross proceeds plus certain expenses, and granted investors registration rights for resale of the shares.
SUNation Energy reported a weaker first quarter of 2026 as revenue and profitability declined sharply while management focused on cost controls and liquidity. Sales fell to $7.2 million from $12.6 million, a 43.1% drop, reflecting an expected post‑Section 25D residential slowdown and weather‑related installation delays in New York and Hawaii.
Gross profit decreased to $1.6 million and the operating loss nearly doubled to $4.3 million. Net loss widened to $4.1 million, while Adjusted EBITDA declined to a loss of about $3.1 million from $1.5 million. SUNation cut operating expenses by about 10% and reduced interest expense by 77%, but cash and cash equivalents fell to $1.7 million and working capital turned negative.
Management highlighted stronger commercial revenue, ongoing service and storage activity, and continued efforts to lower liabilities and debt. The company is pursuing capital markets and debt management initiatives, has established an at‑the‑market equity program, and is conducting a Board‑approved review of strategic alternatives to enhance financial flexibility.
SUNation Energy Inc. reported a weak quarter, with sales falling to $7.2M for the three months ended March 31, 2026 from $12.6M a year earlier as both New York and Hawaii operations slowed. Gross profit dropped to $1.6M, and the company posted an operating loss of $4.3M and a net loss of $4.1M, wider than the prior-year loss.
Cash and cash equivalents declined to $1.7M from $7.2M at December 31, 2025, driven by $5.2M of net cash used in operating activities. Management disclosed that these conditions raise substantial doubt about the company’s ability to continue as a going concern.
During and after the quarter, SUNation continued restructuring its balance sheet, fully retiring several costly loans in 2025 and later converting $1.2M of a related-party long-term note into 677,966 common shares and expanding a related-party revolver to $1.5M. In April 2026, the board also launched a strategic review, including potential sale, mergers, asset sales, or other transactions, and put a new at-the-market equity program of up to $3.6M in place.
Brennan James Robert reported open-market purchase transactions in this Form 4 filing.
SUNation Energy, Inc. Chief Financial Officer Brennan James Robert acquired 123,254 shares of Common Stock on April 14, 2026 by exchanging debt for equity under a debt conversion agreement at $1.77 per share. Following this transaction, he beneficially owned 123,269 shares directly, reflecting prior reverse stock splits.
Maskin Scott reported open-market purchase transactions in this Form 4 filing.
SUNation Energy, Inc. Chief Executive Officer and 10% owner Scott Maskin acquired 554,712 shares of common stock on April 14, 2026. The filing reports a price of $1.77 per share, and a footnote explains the shares were received by exchanging debt for common stock under a debt conversion agreement.
Following this transaction, Maskin directly holds 554,736 shares of SUNation Energy common stock. Another footnote notes that his beneficial ownership reflects prior 1-for-200, 1-for-50, and 1-for-15 reverse stock splits that became effective in 2025 and 2024.
SUNation Energy, Inc. insider Scott Maskin, the company’s Chief Executive Officer and director, reports beneficial ownership of 554,736 shares of common stock, representing 16.6% of the company’s outstanding common stock.
Maskin originally received 513,300 shares as part of SUNation Solar Systems’ sale to SUNation Energy on November 9, 2022, and later acquired 10,775 shares through the 2022 Employee Stock Purchase Plan. On April 14, 2026, he exchanged debt under a debt conversion agreement for 554,712 shares of SUNation Energy common stock, consolidating his position. The reported share amounts reflect the company’s 1‑for‑15, 1‑for‑50, and 1‑for‑200 reverse stock splits completed in 2024 and 2025.
SUNation Energy, Inc. amended a related-party credit facility and approved a partial long-term debt conversion into equity. The secured revolving line of credit with MBB Energy, LLC was extended to October 15, 2026 and its borrowing capacity increased from $1,000,000 to $1,500,000 at an annual interest rate of 8%.
The Board also approved a Debt Conversion Agreement to convert up to $1,200,000 of amounts payable under a senior secured Long-Term Promissory Note into restricted common stock at $1.77 per share, a 10% premium to the April 13, 2026 closing price. Approximately 677,000 restricted shares, representing about 19.9% of the public float, will be issued to the chief executive officer and chief financial officer, with a 180-day lock-up. SUNation states this transaction is part of a broader effort that has reduced approximately $14 million of other debt over the past 14 months.