---
schema_version: "secwatch.filing_event.v1"
accession: "0000895419-23-000057"
form_type: "8-K"
ticker: "WOLF"
cik: "0000895419"
company_name: "WOLFSPEED, INC."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:54:38.565387+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed sells RF business to MACOM for ~$125M; focuses on SiC power and materials

## Summary
- Total consideration: ~$75M cash plus 711,528 MACOM shares valued at $50M based on 30-day average.
- Transaction expected to close by end of 2023, subject to HSR clearance and customary conditions.
- Wolfspeed updates Q1 FY2024 guidance: revenue from continuing ops $185-205M; non-GAAP net loss unchanged.
- MACOM to take control of Wolfspeed's 100mm GaN wafer fab in RTP, NC approximately two years after close.
- J.P. Morgan and Smith Anderson are financial and legal advisors to Wolfspeed.

## SEC filing metadata
- accession: 0000895419-23-000057
- form_type: 8-K
- ticker: WOLF
- cik: 0000895419
- company_name: WOLFSPEED, INC.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895419/000089541923000057/0000895419-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895419/000089541923000057/wolf-20230822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-23-000057
- JSON: https://secwatch.observer/filing/0000895419-23-000057.json
- Plain text: https://secwatch.observer/filing/0000895419-23-000057.txt

## Key facts
- Material Agreements
  WOLFSPEED, INC. entered into Asset Purchase Agreement with MACOM Technology Solutions Holdings, Inc. valued at a payment of $75 million in cash, together with 711,528 shares of MACOM common stock (effective 2023-08-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: MACOM Technology Solutions Holdings, Inc.
  - Value: a payment of $75 million in cash, together with 711,528 shares of MACOM common stock
  - Effective: 2023-08-22
  source text: On August 22, 2023, Wolfspeed, Inc. (“Wolfspeed” or the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with MACOM Technology Solutions Holdings, Inc., a Delaware corporation (“MACOM”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000089541923000057/0000895419-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.