---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-074320"
form_type: "8-K"
ticker: "SEDG"
cik: "0001419612"
company_name: "SOLAREDGE TECHNOLOGIES, INC."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:25:24.064466+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SolarEdge Provides Q2 Guidance Update, Announces $300M Notes Offering and Customer Bankruptcy

## Summary
- Customer PM&M Electric filed Chapter 7 bankruptcy, owing SolarEdge approximately $11.4 million under a secured promissory note.
- SolarEdge intends to offer $300 million convertible senior notes due 2029, with initial purchasers option for additional $45 million.
- Company reconfirms Q2 2024 revenue guidance of $250M-$280M but expects free cash flow used of ~$150 million in the quarter.
- Net proceeds from notes offering will fund capped call transactions, redeem portion of 0.000% convertible notes due 2025, and general corporate purposes.

## SEC filing metadata
- accession: 0001104659-24-074320
- form_type: 8-K
- ticker: SEDG
- cik: 0001419612
- company_name: SOLAREDGE TECHNOLOGIES, INC.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419612/000110465924074320/0001104659-24-074320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419612/000110465924074320/tm2417746d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-074320
- JSON: https://secwatch.observer/filing/0001104659-24-074320.json
- Plain text: https://secwatch.observer/filing/0001104659-24-074320.txt

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