Wolfspeed emerges from Chapter 11; old shares cancelled, new shares issued at 0.008352 ratio

WOLFSPEED, INC.

All previously outstanding common stock cancelled; existing holders received 1,306,903 new shares (ratio 0.008352).
Additional 871,287 contingent shares (ratio 0.005568) issuable if regulatory milestones met by Regulatory Trigger Deadline.
If all conditions met, total new shares to old holders would be 2,178,190 (aggregate ratio 0.013920).
Plan confirmed by Bankruptcy Court on September 8, 2025; Chapter 11 cases jointly administered.
No contingent shares if Regulatory Trigger Deadline occurs before milestones achieved.

item 8.01

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