Complete Solaria Reports Director and Officer Changes
Ticker: SPWRW · Form: 8-K · Filed: Oct 29, 2024 · CIK: 1838987
| Field | Detail |
|---|---|
| Company | Complete Solaria, Inc. (SPWRW) |
| Form Type | 8-K |
| Filed Date | Oct 29, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, corporate-governance
Related Tickers: CSLR
TL;DR
Solaria's board and execs are changing, effective 10/28.
AI Summary
Complete Solaria, Inc. filed an 8-K on October 29, 2024, reporting changes effective October 28, 2024. The filing pertains to the departure of directors, election of directors, appointment of officers, and compensatory arrangements for certain officers. Specific details regarding the individuals involved and the nature of these changes were not provided in the excerpt.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in key leadership roles can introduce uncertainty regarding future company direction and performance.
Key Players & Entities
- Complete Solaria, Inc. (company) — Registrant
- October 28, 2024 (date) — Effective date of reported changes
- October 29, 2024 (date) — Filing date of the 8-K
FAQ
What specific changes were made regarding directors and officers?
The filing indicates the departure of directors, election of directors, and appointment of certain officers, but the excerpt does not provide specific names or details of these changes.
Were there any changes to compensatory arrangements for officers?
Yes, the filing states that compensatory arrangements of certain officers are part of the reported items, but specific details are not included in the provided text.
What is the effective date of these reported changes?
The earliest event reported is dated October 28, 2024.
When was this Form 8-K filed with the SEC?
The Form 8-K was filed on October 29, 2024.
What is the SIC code for Complete Solaria, Inc.?
The Standard Industrial Classification (SIC) code for Complete Solaria, Inc. is 3674, Semiconductors & Related Devices.
Filing Stats: 616 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-10-29 07:30:14
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share CSLR The Nasdaq Global Ma
- $11.50 — of Common Stock at an exercise price of $11.50 per share CSLRW The Nasdaq Capital
Filing Documents
- ea0218857-8k_complete.htm (8-K) — 27KB
- 0001213900-24-091408.txt ( ) — 241KB
- cslr-20241028.xsd (EX-101.SCH) — 4KB
- cslr-20241028_def.xml (EX-101.DEF) — 26KB
- cslr-20241028_lab.xml (EX-101.LAB) — 36KB
- cslr-20241028_pre.xml (EX-101.PRE) — 25KB
- ea0218857-8k_complete_htm.xml (XML) — 6KB
02 Departure of Directors or Certain Officers; Election of Directors;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 28, 2024, the Board of Directors (the (" Board ") of Complete Solaria, Inc. (the " Company "), on the recommendation of its Nominating and Corporate Governance Committee, appointed Lothar Maier to serve as a director of the Company, effective immediately. Mr. Maier will serve an initial term that will expire at the Company's 2024 annual meeting of stockholders, when he will be up for election for another term. Prior to his appointment, the Board of Directors expanded its size from eight to nine directors. The resulting vacancy has been filled with Mr. Maier's election. There are no transactions and no proposed transactions between Mr. Maier (or any member of his immediate family) and the Company (or any of its subsidiaries), and there is no arrangement or understanding between Mr. Maier and any other person or entity pursuant to which Mr. Maier was appointed as a director of the Company. Mr. Maier will receive the same compensation and indemnification as the Company's other non-employee directors. The compensation paid to the Company's directors in 2023 is described in the Company's Form 10-K for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission on April 1, 2024 (the " Form 10-K "). The Company's form of indemnification agreement is filed as Exhibit 10.1 to the Form 10-K.
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: October 29, 2024 By: /s/ Thurman J. Rodgers Thurman J. Rodgers Chief Executive Officer and Executive Chairman