SunPower Inc. (SPWR) Form 424B3 — Jul 7, 2026
SunPower filed a prospectus supplement relating to the resale of up to 22,381,878 shares of common stock by YA II PN, LTD. These shares consist of 22,206,878 conversion shares issuable upon conversion of a convertible promissory note and 175,000 commitment shares issued under a Standby Equity Purchase Agreement dated January 27, 2026. The company will not receive any proceeds from this resale by the selling securityholder. SunPower previously received $1.71 million from the note sale and $9.0 million from the sale of a YA Debenture, with Northland Capital Markets serving as placement agent for a 5.0% fee.
Key figures
- Shares Offered
- 22,381,878
- Cfo Salary
- $400,000
- Cfo Rsu Award
- 1,000,000
- Commitment Shares
- 175,000
- Conversion Shares
- 22,206,878
- Placement Agent Fee
- 5.0%
- Prior Proceeds Note
- $1,710,000
- Stock Price Closing
- $0.6002
- Cfo Bonus Target Percent
- 50%
- Prior Proceeds Debenture
- $9,000,000
AI analysis
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