Complete Solaria sells solar panel IP and dealer channel to Maxeon for 1.1M shares; COO resigns

SunPower Inc.

SolarCA LLC sells shingled-cell patent portfolio and dealer channel to Maxeon (MAXN) for 1.1 million ordinary shares.
Supply agreement: Maxeon will supply premium solar panels to Complete Solaria.
Maxeon intends to extend job offers to certain SolarCA design, engineering, sales employees.
COO Arnaud Lepert resigns effective Oct 1, 2023; no replacement named.
Transaction subject to customary closing conditions.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Arnaud Lepert

Chief Operating Officer

SPWR · SunPower Inc.

Effective: 2023-10-01
Filed: September 21, 2023, 7:59 PM ET

On September 19, 2023, Arnaud Lepert notified the Company that he was resigning as the Company’s Chief Operating Officer effective October 1, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Arnaud Lepert departed as Chief Operating Officer at SunPower Inc..

Action: resigning
Role: Chief Operating Officer

Exact text from the filing

On September 19, 2023, Arnaud Lepert notified the Company that he was resigning as the Company’s Chief Operating Officer effective October 1, 2023.

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SunPower Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-239699

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