SUNation Energy to be acquired by Suniva in reverse merger; existing holders diluted to 1.8%

Filed June 8, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

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  SUNation stockholders will own only 1.8% of the combined company post-merger, with Suniva stockholders owning 98.2%—a massive dilution representing effective change of control.

  Item 1.01: Merger Agreement verify on EDGAR →
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  Suniva will appoint all five board members upon closing, replacing SUNation's entire board and completing the transfer of corporate control.

  Item 1.01: Board Composition verify on EDGAR →
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  Federal tax credits for residential solar were eliminated in January 2026, creating material negative impact on SUNation's core installation business and threatening standalone viability.

  Item 7.01: Risk Factors verify on EDGAR →