---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-24-000476"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2024-09-26T23:59:59+00:00"
generated_at: "2026-05-31T01:42:12.408947+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000897101-24-000476
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2024-09-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710124000476/0000897101-24-000476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710124000476/pegy240998_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-24-000476
- JSON: https://secwatch.observer/filing/0000897101-24-000476.json
- Plain text: https://secwatch.observer/filing/0000897101-24-000476.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.