SunPower Inc. -> SpinCo
SPWRW / n/a ยท detected 2026-02-20
The Special Meeting will be held for the following purposes: 1.
In addition, for the ten days prior to the Special Meeting, the stockholder list will be available upon request via IR@sunpower.com for examination by any stockholder for any purpose relating to the Special Meeting.
The organization holding your account is considered to be the stockholder of record for purposes of voting at the Special Meeting.
Proposal No. 5  — to approve, for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of shares of our Common Stock (a) pursuant to the Standby Equity Purchase Agreement (the “
For purposes of this dilution calculation, we have assumed that we will issue Yorkville a total of $20,000,000 principal amount of Promissory Notes convertible into 12,500,000 (4) shares of our Common Stock.
For purposes of the dilution calculation presented in the table above, we have assumed that the additional $18,750,000 shares of Common Stock issuable under the Ambia MIPA will be issued based on an assumed VWAP of $1.60 per share.