{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-144083","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2025-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.708857+00:00","generated_at":"2026-05-19T00:36:15.973701+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Wolfspeed announces prepackaged debt restructuring; to cut debt ~$4.6B, dilute equity to 3-5%","bullets":["Debt restructuring to reduce total debt by ~70% (~$4.6B) and annual interest expense by ~60%.","Existing equity holders to receive 3.0% or 5.0% of new common stock; current equity interests cancelled.","Senior Secured noteholders get new notes + $250M redemption at 109.875%; Convertible noteholders get $301.13M rights offering, $296M takeback notes, and 56.3% of new equity.","Renesas to receive $204M convertible notes, 38.7% of new common stock, and warrants for 5% of equity; contingent consideration if regulatory approvals not obtained.","Company expects to file Chapter 11 by July 1, 2025, and emerge by end of Q3 2025; operations continue as usual in ordinary course."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-144083","json":"https://secwatch.observer/filing/0001193125-25-144083.json","markdown":"https://secwatch.observer/filing/0001193125-25-144083.md","text":"https://secwatch.observer/filing/0001193125-25-144083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000119312525144083/0001193125-25-144083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000119312525144083/d937053d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T00:36:15.973701+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}