Complete Solaria Files 8-K on Officer/Director Changes
Ticker: SPWRW · Form: 8-K · Filed: Jul 5, 2024 · CIK: 1838987
| Field | Detail |
|---|---|
| Company | Complete Solaria, Inc. (SPWRW) |
| Form Type | 8-K |
| Filed Date | Jul 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance, filing
Related Tickers: CSLR
TL;DR
Solaria's leadership shuffle is official; expect board and exec changes.
AI Summary
Complete Solaria, Inc. filed an 8-K on July 5, 2024, reporting events as of June 30, 2024. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially if numerous or involving key roles, can signal internal challenges or strategic realignments that may affect the company's performance.
Key Players & Entities
- Complete Solaria, Inc. (company) — Registrant
- Freedom Acquisition I Corp. (company) — Former Company Name
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' but does not specify the exact positions in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was as of June 30, 2024.
What is the SIC code for Complete Solaria, Inc.?
The Standard Industrial Classification (SIC) code for Complete Solaria, Inc. is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.
What was Complete Solaria, Inc.'s former company name?
Complete Solaria, Inc.'s former company name was Freedom Acquisition I Corp.
What is the fiscal year end for Complete Solaria, Inc.?
The fiscal year end for Complete Solaria, Inc. is December 31 (1231).
Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-07-05 16:05:10
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share CSLR The Nasdaq Capital
- $11.50 — of Common Stock at an exercise price of $11.50 per share CSLRW The Nasdaq Capital
Filing Documents
- ea0208977-8k_complete.htm (8-K) — 28KB
- ea020897701ex10-1_complete.htm (EX-10.1) — 10KB
- ex10-1_001.jpg (GRAPHIC) — 5KB
- 0001213900-24-059547.txt ( ) — 262KB
- cslr-20240630.xsd (EX-101.SCH) — 4KB
- cslr-20240630_def.xml (EX-101.DEF) — 26KB
- cslr-20240630_lab.xml (EX-101.LAB) — 36KB
- cslr-20240630_pre.xml (EX-101.PRE) — 25KB
- ea0208977-8k_complete_htm.xml (XML) — 6KB
02 Appointment
Item 5.02 Appointment of Certain Officers; Election of Directors; Departure of Directors or Certain Officers; Compensatory Arrangements of Certain Officers. Effective August 16, 2024, Chief Operating Officer Brian Wuebbels has resigned from Complete Solaria, Inc. (the "Company"). On June 30, 2024, the Company entered into an employment extension agreement (the "Agreement") with Mr. Wuebbels. Pursuant to the Agreement, Mr. Wuebbels' current health benefits will continue through August 31, 2024, and Mr. Wuebbels will receive accelerated vesting of 208,115 of the 750,000 options that he was granted in April 2024. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Form of Employment Extension Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
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 hereunto duly authorized. Complete Solaria, Inc. Dated: July 5, 2024 By: /s/ Thurman J. Rodgers Thurman J. Rodgers Chief Executive Officer 2