Wolfspeed enters ATM equity distribution agreement for up to $200M common stock sale

WOLFSPEED, INC.

Agreement with J.P. Morgan and Wells Fargo allows at-the-market offerings of up to $200M in common stock.
Company pays up to 3.0% aggregate commission on gross proceeds from sales.
Prospectus supplement filed Dec 9, 2024; shares may be sold in negotiated or block trades.
Proceeds not specified; general corporate purposes expected.

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