{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-181581","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2023-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.949839+00:00","generated_at":"2026-06-13T12:59:25.342324+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Wolfspeed signs 10-year SiC wafer supply deal with Renesas; receives $2B deposit","bullets":["Renesas will deposit $1B immediately, up to $1B additional in 2024; 10-year term maturing 2033.","Deposit bears 6% interest, rising to 10% or 15% under supply shortages; 5% may be paid in-kind.","Wolfspeed to supply 150mm SiC wafers starting 2025, then 200mm from John Palmour Manufacturing Center.","Prepayment by Wolfspeed at 106% to 114% of principal depending on timing and change of control.","Funds support Wolfspeed's capacity expansion, including JP factory that will boost SiC output 10x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-181581","json":"https://secwatch.observer/filing/0001193125-23-181581.json","markdown":"https://secwatch.observer/filing/0001193125-23-181581.md","text":"https://secwatch.observer/filing/0001193125-23-181581.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000119312523181581/0001193125-23-181581-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000119312523181581/d526824d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T12:59:25.342324+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":"233a11c424cbfa0d460e07b39f1897d936d2ec0e","claim":"WOLFSPEED, INC. entered into Unsecured Customer Refundable Deposit Agreement with Renesas Electronics America Inc. valued at up to $2 billion (effective 2023-07-05).","evidence_excerpt":"On July 5, 2023 (the “ Effective Date ”), Wolfspeed, Inc. (the “ Company ”) and Renesas Electronics America Inc., a California corporation (“ Renesas America ”) entered into an Unsecured Customer Refundable Deposit Agreement (the “ CRD Agreement ”), pursuant to which Renesas America will provide to the Company up to $2 billion in unsecured deposits.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000119312523181581/0001193125-23-181581-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Renesas Electronics America Inc."},{"label":"Value","value":"up to $2 billion"},{"label":"Effective","value":"2023-07-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}