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6 sie 2024 · SunPower said in court papers that it’s carrying about $2 billion in long-term debt and has been struggling since October to avoid potential defaults under various financing arrangements. Shareholders in the firm include France’s TotalEnergies SE.
7 sie 2024 · SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.
22 gru 2023 · That complaint alleges SunPower mispresented and concealed that: (1) due to a material weakness in internal control over financial reporting, it inaccurately reported cost of revenue and...
29 sie 2024 · A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival Complete Solaria.
6 sie 2024 · Shares of SunPower fell about 45% to 44 cents premarket on Tuesday after the company listed its assets and liabilities in the range of $1 billion to $10 billion, in a filing with the bankruptcy...
6 gru 2023 · Specifically, Defendants misled investors by failing to disclose that: (1) due to a material weakness in its internal control over financial reporting, the Company had inaccurately reported cost of...
Is SunPower going out of business? Subject to court approval, the proposed transaction offers significant components of SunPower the opportunity to continue the Company’s legacy under new ownership that recognizes the foundation that has been laid and believes in the continued potential of solar.
