Maxeon Solar Technologies Files 6-K Supplemental

TL;DR

MAXEON files a 6-K supplemental, more regulatory updates coming.

AI Summary

Maxeon Solar Technologies, Ltd. filed a Form 6-K on March 28, 2025. This report is a supplemental filing to their previous submissions. The company is incorporated in Singapore and its principal executive office is located at 8 Marina Boulevard, Singapore.

Why It Matters

This filing indicates ongoing reporting and potential updates from Maxeon Solar Technologies, which could impact investors monitoring the company's regulatory compliance and disclosures.

Risk Assessment

Risk Level: low — A Form 6-K is typically a routine filing for foreign private issuers and does not inherently signal significant new risks.

Key Players & Entities

• Maxeon Solar Technologies, Ltd. (company) — Registrant
• 001-39368 (company) — Commission File Number
• 8 Marina Boulevard #05-02 (company) — Business Address
• Singapore (company) — Location

FAQ

From the Filing

0001796898-25-000018.txt : 20250328 0001796898-25-000018.hdr.sgml : 20250328 20250328163017 ACCESSION NUMBER: 0001796898-25-000018 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 30 CONFORMED PERIOD OF REPORT: 20250328 FILED AS OF DATE: 20250328 DATE AS OF CHANGE: 20250328 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 EIN: 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: 25786829 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-ksupplementalspa.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: March 2025 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): ☐ Supplemental Agreement to the Sale and Purchase Agreement Related to ‘Rest-of-the-World’ Distributed Generation Business Sale Transaction Reference is being made to the Report on Form 6-K furnished by Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) (“Maxeon” or the “Company”) on February 18, 2025 (the “Initial 6-K Report”) with the Securities and Exchange Commission (“SEC”), in connection with entering into a definitive Sale and Purchase Agreement (the “SPA”) related to the sale of Maxeon’s ‘Rest-of-the-World’ Distributed Generation Business. On March 28, 2025, the Company and the Purchasers entered into a Supplemental Agreement to the SPA (the “Supplemental SPA”), pursuant to which the parties to the SPA agreed to amend the following provisions of the SPA with effect as of the date of execution of the Supplemental SPA: • The definition of “Transitional Services Agreement&#59;” • Insertion of a newly defined term “Non-Equity Consideration” which includes the consideration of the Target Assets (as defined in the Asset Transfer Agreement), consideration for the trademarks covered under the Trademark Assignment Agreement and the consideration for services to be provided by certain employees of a Company affiliate during a transitional term pursuant to the terms described in the Transition Services Agreement&#59; • Clause 3.1(a) of the SPA (Purchase Consideration), pursuant to which the Total Consideration of approximately USD$29 million for the Sale Shares shall be inclusive of the Non-Equity Consideration&#59; • Paragraph (d) of Schedule 2 of the SPA (Closing Precedent), pursuant to which an accounting or appraisal firm of nationally recognized standing will render a final valuation report of certain assets being transferred pursuant to the SPA, as supplemented, and the Ancillary Agreements, instead of a fairness opinion covering