SunPower Adds $5M to Recent $41M Offering
SunPower closed an incremental $5 million private placement of senior convertible debenture notes, bringing the total capital raised in recent transactions to $46 million. The proceeds are intended to provide increased intra-quarter liquidity for general corporate needs, with Fortis Capital (associated with John Doerr) acting as the repeat investor. CEO T.J.
Key figures
- Deal Value Usd
- 5000000
- Instrument type
- senior convertible debenture notes
- Total funding recent
- 46000000
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