{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-289993","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.918542+00:00","generated_at":"2026-06-21T15:28:57.941498+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wolfspeed issues $1.75B of 1.875% convertible senior notes due 2029","bullets":["$1,750M aggregate principal of 1.875% convertible notes due Dec 1, 2029; initial conversion price ~$118.88/share.","Capped call transactions with initial cap price of $202.538 (130% premium) cost ~$273.9M to reduce dilution.","Notes are senior unsecured; rank junior to secured debt; no subsidiary guarantees.","Full exercise of initial purchasers' option to purchase additional $225M of notes.","Offering exempt from registration under Rule 144A and Section 4(a)(2); ~19.87M shares potentially issuable."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-289993","json":"https://secwatch.observer/filing/0001193125-22-289993.json","markdown":"https://secwatch.observer/filing/0001193125-22-289993.md","text":"https://secwatch.observer/filing/0001193125-22-289993.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000119312522289993/0001193125-22-289993-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000119312522289993/d409300d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:28:57.941498+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":"75c0e022845bbd6739ca810f4aff6e1a0cc6548d","claim":"WOLFSPEED, INC. incurred convertible notes of $1,750 million with U.S. Bank Trust Company, National Association at 1.875% maturing December 1, 2029.","evidence_excerpt":"The Company completed the offering of $1,750 million aggregate principal amount of Notes on November 21, 2022.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000119312522289993/0001193125-22-289993-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,750 million"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"1.875%"},{"label":"Maturity","value":"December 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ccdf9c6945d86ae55c9ed951543905681b008e36","claim":"WOLFSPEED, INC. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1,750 million (effective 2022-11-21).","evidence_excerpt":"On November 21, 2022, in connection with the previously announced private offering and sale of $1,750 million aggregate principal amount of 1.875% convertible senior notes due 2029 (the “ Notes ”) of Wolfspeed, Inc. (the “ Company ”), which includes the full exercise by the initial purchasers of the Notes (the “ Initial Purchasers ”) of their option to purchase up to $225 million aggregate principal amount of Notes, the Company and U.S. Bank Trust Company, National Association, as trustee, executed an indenture (the “ Indenture ”) relating to the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000119312522289993/0001193125-22-289993-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$1,750 million"},{"label":"Effective","value":"2022-11-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}