SunPower Closes $10 Million Share Exchange

$SPWRPress releaseJul 1, 2026, 8:00 AM ETRead the release

SunPower closed a $10 million stock exchange offer to satisfy cash interest obligations on its Convertible Notes due in July 2026 and January 2027. CEO T.J. Rodgers noted the exchange was accepted by all but one investor and characterized the second quarter as a bottom for both the company and the broader U.S. residential solar industry.

Key figures

Exchange value usd: 10000000

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