Maxeon Solar Technologies Files 6-K on Note Changes

TL;DR

Maxeon Solar (MAXN) filed a 6-K referencing prior note changes – watch for updates on their 2025 Notes.

AI Summary

Maxeon Solar Technologies, Ltd. filed a Form 6-K on September 24, 2024, referencing a previous filing from September 3, 2024. This filing pertains to a fundamental change concerning its 2025 Notes.

Why It Matters

This filing indicates potential adjustments or significant events related to Maxeon's 2025 Notes, which could impact the company's financial structure and investor confidence.

Risk Assessment

Risk Level: medium — Filings related to fundamental changes in debt instruments can signal financial distress or significant restructuring, warranting investor attention.

Key Players & Entities

• Maxeon Solar Technologies, Ltd. (company) — Registrant
• 2025 Notes (financial_instrument) — Subject of fundamental change
• September 3, 2024 (date) — Date of previous filing
• September 24, 2024 (date) — Date of current filing

FAQ

Key Financial Figures

• $0.1206 — ordinary shares at a purchase price of $0.1206 per share for an aggregate purchase pri
• $99,999,999.96 — hare for an aggregate purchase price of $99,999,999.96 . Pursuant to the indenture dated July
• $1,500,000 — amount of the outstanding 2025 Notes is $1,500,000. Pursuant to Section 4.02(E) of the 20
• $1,000 — ndamental Change Repurchase Price per US$1,000 principal amount of the Notes for such
• $1,021 — Notes for such Fundamental Change is US$1,021.486111, equal to one hundred percent (1
• $54.9611 — Rate in effect on the date hereof is US$54.9611 Ordinary Share per US$1,000 principal a

Filing Documents

• ea0215466-6k_maxeon.htm (6-K) — 32KB
• 0001213900-24-081424.txt ( ) — 34KB

Forward-Looking Statements

Forward-Looking Statements This current report on Form 6-K contains “forward-looking 1934, as amended (the “ Exchange Act ”). 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 statements in light of new information or future events. 4

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: September 24, 2024 By: /s/ Kenneth Bryan Olson Name: Kenneth Bryan Olson Title: Interim Chief Financial Officer 5

View Full Filing

View this 6-K filing on SEC EDGAR