Maxeon Solar Technologies Files 6-K on Note Exchange

TL;DR

Maxeon Solar (MAXN) filed a 6-K updating investors on their Tranche A Note exchange.

AI Summary

Maxeon Solar Technologies, Ltd. filed a Form 6-K on August 29, 2024, reporting on the exchange of its Tranche A Exchange Notes. This follows a previous announcement on June 21, 2024, regarding the issuance of these notes on June 20, 2024.

Why It Matters

This filing provides an update on Maxeon's financial instruments, specifically the exchange of Tranche A Notes, which could impact its debt structure and financial obligations.

Risk Assessment

Risk Level: low — The filing is a routine report of foreign private issuer and does not contain new material financial information or significant operational changes.

Key Players & Entities

• Maxeon Solar Technologies, Ltd. (company) — Registrant
• June 21, 2024 (date) — Date of previous announcement
• June 20, 2024 (date) — Date of Tranche A Note issuance
• Tranche A Exchange Notes (financial_instrument) — Subject of the filing

FAQ

Key Financial Figures

• $2,734,000 — being called for the Exchange equals US$2,734,000; (B) The Exchange Date is September 9
• $1,000 — (C) The Exchange Consideration per US$1,000 principal amount of Tranche A Exchange
• $0 — rmined by the Company, the FPA VWAP was $0.1608, which was less than the Initial P

Filing Documents

• ea0212789-6k_maxeon.htm (6-K) — 28KB
• 0001213900-24-073583.txt ( ) — 29KB

Forward-Looking Statements

Forward-Looking Statements This current report on Form 6-K contains “forward-looking 1934, as amended (the “ Exchange Act ”), including but not limited to, statements regarding the Company’s anticipated use of the net proceeds from the Issuance. The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”. Copies of these filings are available online from the SEC at www.sec.gov, or on the SEC Filings section of our Investor Relations website at https://corp.maxeon.com/investor-relations. All forward-looking statements in this current report on Form 6-K are based on information currently available to us, and we assume no obligation to update these forward-looking

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MAXEON SOLAR TECHNOLOGIES, LTD. (Registrant) Date: August 29, 2024 By: /s/ Kai Strohbecke Name: Kai Strohbecke Title: Chief Financial Officer 4

View Full Filing

View this 6-K filing on SEC EDGAR