TotalEnergies SE Amends Maxeon Solar Stake Filing

TL;DR

TotalEnergies SE filed an update on its Maxeon Solar Technologies stake. Check the details.

AI Summary

On July 15, 2024, TotalEnergies SE filed an amendment to its SC 13D, indicating a change in its beneficial ownership of Maxeon Solar Technologies, Ltd. The filing details TotalEnergies' stake and its relationship with Maxeon Solar Technologies, a company in the semiconductors industry.

Why It Matters

This filing provides insight into TotalEnergies' evolving investment strategy in the renewable energy sector, specifically concerning its holdings in Maxeon Solar Technologies.

Risk Assessment

Risk Level: medium — Changes in major shareholder filings can signal shifts in corporate strategy or potential future actions that could impact stock price.

Key Players & Entities

• TotalEnergies SE (company) — Filing entity and major shareholder
• Maxeon Solar Technologies, Ltd. (company) — Subject company
• 0001796898 (company) — Central Index Key for Maxeon Solar Technologies, Ltd.
• 0000879764 (company) — Central Index Key for TotalEnergies SE

FAQ

From the Filing

0001104659-24-079970.txt : 20240715 0001104659-24-079970.hdr.sgml : 20240715 20240715214507 ACCESSION NUMBER: 0001104659-24-079970 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240715 DATE AS OF CHANGE: 20240715 GROUP MEMBERS: TOTALENERGIES GAZ & ELECTRICITE HOLDINGS SAS GROUP MEMBERS: TOTALENERGIES MARKETING SERVICES SAS GROUP MEMBERS: TOTALENERGIES SOLAR INTL SAS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Maxeon Solar Technologies, Ltd. CENTRAL INDEX KEY: 0001796898 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: U0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91663 FILM NUMBER: 241118469 BUSINESS ADDRESS: STREET 1: 8 MARINA BOULEVARD #05-02 STREET 2: MARINA BAY FINANCIAL CENTRE CITY: MARINA BAY STATE: U0 ZIP: 018981 BUSINESS PHONE: 408.457.2302 MAIL ADDRESS: STREET 1: 8 MARINA BOULEVARD #05-02 STREET 2: MARINA BAY FINANCIAL CENTRE CITY: MARINA BAY STATE: U0 ZIP: 018981 FORMER COMPANY: FORMER CONFORMED NAME: Maxeon Solar Technologies, Pte. Ltd. DATE OF NAME CHANGE: 20191213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TotalEnergies SE CENTRAL INDEX KEY: 0000879764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: LA DEFENSE 6 CITY: COURBEVOIE STATE: I0 ZIP: 92400 BUSINESS PHONE: 33 (0)1 41 35 04 48 MAIL ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: ARCHE NORD COUPOLE/REGNAULT CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92078 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SE DATE OF NAME CHANGE: 20200717 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL S.A. DATE OF NAME CHANGE: 20121204 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SA DATE OF NAME CHANGE: 20030508 SC 13D/A 1 tm2419453d1_sc13da.htm SC 13D/A United States Securities and Exchange Commission Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 4)* Maxeon Solar Technologies, Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) Y58473102 (CUSIP Number) Marine Delaitre General Counsel – Gas, Renewables & Power TOTALENERGIES SE 2, place Jean Millier La Défense 6 92400 Courbevoie France 00-331-4135-2834 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 11, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of § § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). 1 Names of Reporting Persons TotalEnergies SE 2 Check the Appropriate Box if a Member of a Group (a) ¨ (b) ¨ 3 SEC Use Only 4 Source of Funds (See Instructions) OO 5 Check if disclosure of legal proceedings is required pursuant to It