SUNation repays ~$9.4M in loans with equity proceeds; terminates four debt agreements

SUNation Energy, Inc.

Decathlon loan repaid early at reduced amount of $6,229,875 (balance was $6,740,516).
Hercules loan repaid early at reduced amount of $1,138,263 (balance was $1,230,555).
Conduit and MBB bridge loans of $1M each also repaid in full.
Monthly payment obligations eliminated; restrictive covenants removed, freeing cash flow.
Repayments funded by portion of $15M equity offering closed February 27, 2025.

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