Pineapple Energy secures $380K third advance under convertible note; conversion at $0.45/share

SUNation Energy, Inc.

Third advance of $380K from Conduit Capital; note principal capped at $1M, with 20% original issue discount.
Conversion price set at $0.45 per share; lender granted one-time demand registration right.
All advances accrue interest at 20% per annum; maturity July 21, 2025.
Company filed certificate of correction to Series C Preferred Stock designation on Sept 23, 2024.

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