Form 8-K SUNPOWER CORP For: Apr 17
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SunPower (SPWR) Enters Restructuring Plan
April 24, 2024 9:07 AM EDTOn April 21, 2024, SunPower (NASDAQ: SPWR), adopted a restructuring plan intended to further advance efforts to reduce operating costs and improve the economics of the business. The Company expects to incur restructuring charges totaling approximately $28 million, consisting of approximately $14 million in severance benefits, and approximately $14... More
SunPower (SPWR) discloses plans to restate some earnings
April 23, 2024 10:14 AM EDTSunPower (NASDAQ: SPWR) stock tumbled in early Tuesday trading after the company said some financial results between 2022 to 2023 "should no longer be relied upon."
As a result, the company plans to restate, as soon as practicable, the affected prior financial... More
SunPower (SPWR) determined prior financial statements should no longer be relied upon
April 23, 2024 9:16 AM EDTOn April 17, 2024, the Audit Committee (the Audit Committee) of the Board of Directors of SunPower (NASDAQ: SPWR) determined, based on the recommendation of management, that the Companys (i) audited financial statements included in the Companys Annual Report on Form 10-K/A for the period ended January 1, 2023 filed with the U.S. Securities and Exchange Commission (the SEC) on December 18, 2023 (the 2022 Form 10-K/A) and (b) unaudited financial statements included in the Companys Quarterly Report on Form 10-Q/A for the quarterly period ended April 2, 2023 (the Q1 2023 Form 10-Q/A); Quarterly Report on Form 10-Q/A... More
