---
schema_version: "secwatch.filing_event.v1"
accession: "0000895419-24-000030"
form_type: "8-K"
ticker: "WOLF"
cik: "0000895419"
company_name: "WOLFSPEED, INC."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T05:11:30.425648+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed receives $500M additional deposit from Renesas under CRD Agreement

## Summary
- Renesas America funded $500M additional deposit on Feb 27, 2024, per Company request.
- Total deposits under CRD Agreement now $1.5B ($1B initial + $500M additional).
- Additional fundings of up to $1B remain available at Company's election during 2024.
- Interest and repayment terms remain as described in July 5, 2023 Form 8-K.
- Obligation is unsecured customer refundable deposit; no new financial covenants disclosed.

## SEC filing metadata
- accession: 0000895419-24-000030
- form_type: 8-K
- ticker: WOLF
- cik: 0000895419
- company_name: WOLFSPEED, INC.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895419/000089541924000030/0000895419-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895419/000089541924000030/wolfspeed-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-24-000030
- JSON: https://secwatch.observer/filing/0000895419-24-000030.json
- Plain text: https://secwatch.observer/filing/0000895419-24-000030.txt

## Key facts
- Debt Financings
  WOLFSPEED, INC. incurred debt of $500 million with Renesas Electronics America Inc..
  - Principal: $500 million
  - Counterparty: Renesas Electronics America Inc.
  - Event: incurrence
  source text: On February 27, 2024, Renesas America completed an Additional Funding in an aggregate principal amount of $500 million based on a request delivered by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000089541924000030/0000895419-24-000030-index.htm

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