Form 8-K SUNPOWER CORP For: Aug 02

Go back to Form 8-K SUNPOWER CORP For: Aug 02

SunPower (SPWR) files for bankruptcy

August 6, 2024 10:08 AM EDT

Solar power company SunPower (NASDAQ: SPWR) said Tuesday that it filed for Chapter 11 bankruptcy protection on Monday, August 5, 2024.

The company, which has faced mounting financial pressures in recent months, is seeking to restructure its debt and maximize the value of its... More

SunPower (SPWR) Files Chapter 11

August 6, 2024 9:11 AM EDT

On August 5, 2024 (the Petition Date), SunPower (NASDAQ: SPWR) and certain of its direct and indirect subsidiaries (collectively, the Company Parties) filed voluntary petitions (the Chapter 11 Cases) under Chapter 11 of the U.S. Bankruptcy Code (the Bankruptcy Code) in the U.S. Bankruptcy Court for the District of Delaware (the Bankruptcy Court). On the Petition Date, the Company Parties filed a motion with the Bankruptcy Court seeking to jointly administer the Chapter 11 Cases under the caption In re SunPower Corporation, et al., Case No. 24-11649. The Company Parties intend to use this court-supervised process to pursue a range of... More