secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-223057
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000119312525223057/0001193125-25-223057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000119312525223057/d69265d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-223057

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