SUNation Energy extends CVR term to Dec 2025; to dissolve JDL and Ecessa subsidiaries

SUNation Energy, Inc.

CVR term extended from Dec 31, 2024 to Dec 31, 2025; remaining restricted cash subject to Monetization Expenses.
In Nov 2024, distributed $0.35 per CVR ($850,269 total); third distribution since 2022.
JDL Technologies and Ecessa Corporation to be dissolved under Minnesota law to realize cost savings.
CVR Holders' Representative to receive $17,500 compensation for services through Dec 2025.

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