---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-187358"
form_type: "8-K/A"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:22:13.728956+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Freedom Acquisition I reports corrected PIPE of $5.63M and $114.4M redemptions for Complete Solaria merger

## Summary
- Corrected PIPE: 563,000 shares at $10.00/share for aggregate $5,630,000 from PIPE Investors.
- Sponsor to transfer 563,000 Class B ordinary shares pro rata to PIPE investors at closing.
- Holders of 10,833,004 Class A shares validly elected redemption at ~$10.56/share, total $114,443,068.95.
- Errors corrected: prior 8-K numbers for Class B share transfer and redemption totals now replaced.

## SEC filing metadata
- accession: 0001193125-23-187358
- form_type: 8-K/A
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000119312523187358/0001193125-23-187358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000119312523187358/d526576d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-187358
- JSON: https://secwatch.observer/filing/0001193125-23-187358.json
- Plain text: https://secwatch.observer/filing/0001193125-23-187358.txt

## Key facts
- Material Agreements
  SunPower Inc. entered into Subscription Agreements with certain investors (the 'PIPE Investors') valued at $5,630,000 (effective 2023-07-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors (the 'PIPE Investors')
  - Value: $5,630,000
  - Effective: 2023-07-13
  source text: On July 13, 2023, Freedom and Freedom Acquisition I LLC, a Cayman Islands limited liability company (the “Sponsor”) entered into subscription agreements (the “Subscription Agreements”) with certain investors (the “PIPE Investors”). Pursuant to the Subscription Agreements, the PIPE Investors agreed to subscribe for and purchase, and Freedom agreed to issue and sell to such investors, immediately prior to (but subject to), the Business Combination between Freedom and Complete Solaria, an aggregate of 563,000 shares of common stock of Freedom for a purchase price of $10.00 per share, for aggregate gross proceeds of $5,630,000 (the “PIPE Financing”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000119312523187358/0001193125-23-187358-index.htm

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