{"schema_version":"secwatch.filing_event.v1","accession":"0000867773-24-000058","form_type":"8-K","ticker":null,"cik":"0000867773","company_name":"SUNPOWER CORP","filed_at":"2024-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.181170+00:00","generated_at":"2026-06-01T13:56:19.135530+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SunPower receives Nasdaq deficiency notice for late Q1 2024 10-Q and 2023 10-K","bullets":["Nasdaq notified SunPower on May 17, 2024 for non-compliance with Listing Rule 5250(c)(1) due to unfiled Q1 2024 10-Q and 2023 10-K.","Company must submit a compliance plan by May 20, 2024; Nasdaq may grant an extension to September 11, 2024.","Restatement of prior period financials ongoing due to misstatements in deferred cost capitalization and sales commission classification.","Management identified an additional material weakness in internal control over financial reporting.","Notice has no immediate effect on SPWR listing or trading, but failure to regain compliance risks delisting."],"urls":{"canonical":"https://secwatch.observer/filing/0000867773-24-000058","json":"https://secwatch.observer/filing/0000867773-24-000058.json","markdown":"https://secwatch.observer/filing/0000867773-24-000058.md","text":"https://secwatch.observer/filing/0000867773-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000058/0000867773-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000058/spwr-20240517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T13:56:19.135530+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9fd6b6605b6b1d48547c56daf75d757b52756209","claim":"SUNPOWER CORP received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"May 17, 2024, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed the Q1 2024 Form 10-Q and the 2023 Form 10-K with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq. The Notice also indicated that the Company must submit a plan to regain compliance with the Listing","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000058/0000867773-24-000058-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}