Maxeon Solar Technologies Files 6-K Report
Ticker: MAXN · Form: 6-K · Filed: Nov 26, 2024 · CIK: 1796898
| Field | Detail |
|---|---|
| Company | Maxeon Solar Technologies, Ltd. (MAXN) |
| Form Type | 6-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 14 min |
| Key Dollar Amounts | $10 million, $30 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 6-k, foreign-private-issuer
Related Tickers: MAXN
TL;DR
Maxeon Solar (MAXN) filed a 6-K, standard foreign issuer report.
AI Summary
Maxeon Solar Technologies, Ltd. filed a Form 6-K on November 26, 2024. The filing indicates the company is a foreign private issuer and is submitting its report under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934. The company's principal executive office is located in Singapore.
Why It Matters
This filing is a routine report for foreign private issuers, providing updates to the SEC and the public regarding the company's status and operations.
Risk Assessment
Risk Level: low — This filing is a routine administrative report and does not contain new material financial or operational information that would typically impact risk.
Key Numbers
- 001-39368 — SEC File Number (Identifies the company's filing with the SEC.)
Key Players & Entities
- Maxeon Solar Technologies, Ltd. (company) — Registrant
- 001-39368 (dollar_amount) — SEC File Number
- 20241126 (date) — Filing Date
FAQ
What type of filing is this Form 6-K?
This Form 6-K is a Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
When was this Form 6-K filed?
This Form 6-K was filed on November 26, 2024.
What is the company's exact name as specified in its charter?
The company's exact name is Maxeon Solar Technologies, Ltd.
Where is Maxeon Solar Technologies, Ltd.'s principal executive office located?
The principal executive office is located at 8 Marina Boulevard #05-02, Marina Bay Financial Centre, 018981, Singapore.
Does Maxeon Solar Technologies, Ltd. file annual reports under Form 20-F or Form 40-F?
Maxeon Solar Technologies, Ltd. files annual reports under cover of Form 20-F.
Filing Stats: 3,559 words · 14 min read · ~12 pages · Grade level 20 · Accepted 2024-11-26 08:01:30
Key Financial Figures
- $10 million — first instalment shall be no less than $10 million (the "First Installment") and the final
- $30 million — irst installment being in the amount of $30 million. Any installment payments previously
Filing Documents
- form6-ktermsheet.htm (6-K) — 53KB
- a20241126exhibit991.htm (EX-99.1) — 16KB
- 0001796898-24-000088.txt ( ) — 70KB
Forward-Looking Statements
Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, statements regarding restructuring of our business portfolio and our strategic plans, including the ability to enter into definitive agreements and close the transactions discussed in this press release expected ramp and production timelines for the Company's manufacturing facility in the U.S. our expectations and plans for short- and long-term strategy, including our product and technology focus and projected growth and profitability our ability to execute on our plans and strategy and our relationship with our existing customers, suppliers and partners, and our ability to achieve and maintain them. Additional forward-looking statements can be 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. Factors that could cause or contribute to such differences include, but are not limited to (1) challenges in executing transactions key to our strategic plans, including signing of definitive agreements and closing of the transactions discussed in this press release, executing other restructuring plans, regulatory and other challenges that may arise (2) our liquidity, substa
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) November 26, 2024 By s Dmitri Hu Dmitri Hu Chief Financial Officer EXHIBITS Exhibit Title 99.1 Press release of Maxeon Solar Technologies, Ltd., dated November 26, 2024