Maxeon Solar Technologies Files Routine 6-K Report

Ticker: MAXN · Form: 6-K · Filed: 2024-10-04T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, routine-report, foreign-issuer

Related Tickers: MAXN

TL;DR

Maxeon Solar (MAXN) filed a 6-K, standard procedure for foreign issuers. No major news.

AI Summary

Maxeon Solar Technologies, Ltd. filed a Form 6-K on October 4, 2024. This report is for a foreign private issuer and indicates they file annual reports under Form 20-F. The filing does not contain specific financial details or operational updates beyond its classification as a routine report.

Why It Matters

This filing serves as a notification to the SEC and investors that Maxeon Solar Technologies is fulfilling its reporting obligations as a foreign private issuer. It confirms their adherence to regulatory requirements.

Risk Assessment

Risk Level: low — This filing is a routine procedural report and does not contain new material information that would typically impact risk.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers required to be filed with the SEC to provide information that the company has made or is required to make public pursuant to the laws of its home country, or that it has filed or is required to file with a stock exchange on which its securities are traded.

What does it mean that Maxeon Solar Technologies is a 'foreign private issuer'?

It means that Maxeon Solar Technologies is a foreign entity that is not a U.S. person and meets certain other criteria, allowing it to file under different SEC rules, such as using Form 20-F for its annual reports.

Does this filing indicate any new financial performance or operational updates?

No, this specific Form 6-K filing does not appear to contain new financial performance figures or specific operational updates; it is a routine report.

What is the SEC file number for Maxeon Solar Technologies?

The SEC file number for Maxeon Solar Technologies, Ltd. is 001-39368.

When was this Form 6-K filed?

This Form 6-K was filed on October 4, 2024.

From the Filing

0001796898-24-000068.txt : 20241004 0001796898-24-000068.hdr.sgml : 20241004 20241004071509 ACCESSION NUMBER: 0001796898-24-000068 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241004 FILED AS OF DATE: 20241004 DATE AS OF CHANGE: 20241004 FILER: 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: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39368 FILM NUMBER: 241353485 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 6-K 1 form6-kwangyanjunwangcheng.htm 6-K Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Date of Report: October 2024 Commission File Number: 001-39368 MAXEON SOLAR TECHNOLOGIES, LTD. (Exact Name of registrant as specified in its charter) 8 Marina Boulevard #05-02 Marina Bay Financial Centre 018981, Singapore (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ Introductory Note On October 3, 2024, the Board of Directors (the “Board”) of Maxeon Solar Technologies, Ltd (the “Company”) appointed Wang Yanjun and Wang Cheng to serve as a members of the Board and Wang Cheng as designated chairman of the Company’s Strategy & Transformation Committee. Mr. Wang and Mr Wang are designees of Zhonghuan Singapore Investment and Development Pte. Ltd (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024, between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS. Mr. Wang Yanjun is replacing Mr. Shen Haoping and Mr, Wang Cheng is replacing Mr. Li Dongsheng, whose resignations from the Board were effective September 23, 2024. Simultaneously with Mr. Shen and Mr. Li’s resignations and Mr. Wang and Mr Wang’s appointments, Mr. Wang Cheng has been appointed as replacement for Sean S J Wang as designated Chair of the Company’s Strategy & Transformation Committee. Mr. Wang Yanjun serves as a director designated by TZE on Maxeon’s Board of Directors. He is currently the chief executive officer of TZE, responsible for the overall industrial development and upgrade of the company. He joined TZE in 2006 and has served in several leadership roles including chief engineer and head of the manufacturing department. Mr. Wang was appointed as a vice president of TZE in 2017, and in this role, he was in charge of strategic planning and operational management of the company. Mr. Wang is currently pursuing a Ph.D. degree in electronic information at the Institute of Nanoscience and Nanotechnology, University of Science and Technology of China. Mr. Wang Cheng serves as a director designated by TZE on Maxeon’s Board of Directors. Since 2021, he has been the Chief Operating Officer of TCL Technology Group. He is also the Deputy Chairman of the First High-end Manufa

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