secwatch.observer — SEC 8-K summary
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Issuer:     SunPower Inc. (SPWR)
CIK:        0001838987
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001193125-23-192359
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 9.01, 4.01, 3.03, 5.03, 5.01, 5.02, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Complete Solaria completes business combination with FACT, goes public on Nasdaq
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- Business combination closed July 18, 2023; FACT shareholders redeemed 7.78M shares for ~$82.2M.
- Post-combination Complete Solaria has 43.8M common shares outstanding and ~25.3M warrants.
- Aggregate merger consideration valued at $225M plus convertible note conversion.
- PIPE financing raised $16.33M from sale of 1.63M shares at $10/share.
- Lock-up agreements on 12.39M shares; forward purchase agreements with Meteora, Polar, Sandia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838987/000119312523192359/0001193125-23-192359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838987/000119312523192359/d530739d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-192359

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer