SunPower Inc. (SPWR) Form 424B3 — Jul 1, 2026
SunPower filed a prospectus supplement to register shares issued to holders of its convertible notes in exchange for interest payments. The company entered into agreements to swap approximately $10.7 million in cash interest due between July 2026 and January 2027 for 19.3 million shares of common stock. The filing covers the resale of 18.8 million common shares issued in the interest-for-equity swap and an additional 36.3 million shares potentially issuable upon conversion of the 10.0% Notes. SunPower will not receive any proceeds from the sale of these shares by the selling securityholders.
Key figures
- Shares Outstanding
- 55,088,493
- Exchange shares issued
- 19300991
- Interest exchanged amount
- $10.7 million
- Exchange shares registered
- 18805310
- Conversion shares registered
- 36283183
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