SunPower closes $10M share exchange for convertible note interest

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SunPower Closes $10 Million Share Exchange

July 1, 2026 8:00 AM EDT

OREM, Utah, July 01, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (SunPower, the Company, or Nasdaq: SPWR), a solar technology, services, and installation company, today announced it successfully closed on its offer for stock in exchange for $10 million cash due to certain holders for interest on July 1, 2026 and January 1, 2027 for its Convertible Notes.

SunPower CEO, T.J. Rodgers, said, I want to thank our investors once again for their... More