---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-224251"
form_type: "8-K"
ticker: "WOLF"
cik: "0000895419"
company_name: "WOLFSPEED, INC."
filed_at: "2025-09-30T23:59:59+00:00"
generated_at: "2026-05-17T05:21:04.003696+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed emerges from Chapter 11; old equity cancelled, new shares issued, board overhauled

## Summary
- Plan effective Sept 29, 2025; ~25.8M new common shares issued; old common cancelled.
- ~95% of new shares to pre-petition debt holders; old common holders get ~5%.
- Issued $1.259B new senior secured notes due 2030, $180.7M 2.5% convertible notes, $296.4M PIK toggle notes.
- Renesas gets warrant for ~4.94M shares at $23.95 and ~$203.6M in new 2L convertible notes.
- Six directors departed; four appointed; Abate named Chairman; Renesas board seat pending regulatory approvals.

## SEC filing metadata
- accession: 0001193125-25-224251
- form_type: 8-K
- ticker: WOLF
- cik: 0000895419
- company_name: WOLFSPEED, INC.
- filed_at: 2025-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.02, 1.03, 2.03, 3.02, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/d22768d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-224251
- JSON: https://secwatch.observer/filing/0001193125-25-224251.json
- Plain text: https://secwatch.observer/filing/0001193125-25-224251.txt

## Key facts
- Equity Issuances
  WOLFSPEED, INC. issued approximately 1,306,896 shares of New Common Stock of common stock to existing equity holders for pro rata share for cancellation of Old Common Stock.
  - Security: common stock
  - Shares: approximately 1,306,896 shares of New Common Stock
  - Purchaser: existing equity holders
  - Consideration: pro rata share for cancellation of Old Common Stock
  source text: all of the previously issued and outstanding shares of Old Common Stock were cancelled, and existing equity holders received their pro rata share of approximately 1,306,896 shares of New Common Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm
- Equity Issuances
  WOLFSPEED, INC. issued 4,943,555 shares of warrant to Renesas Electronics America Inc. for exercise price of $23.95 per share.
  - Security: warrant
  - Shares: 4,943,555 shares
  - Purchaser: Renesas Electronics America Inc.
  - Consideration: exercise price of $23.95 per share
  source text: Wolfspeed issued a warrant (the “Renesas Warrant”) to Renesas Electronics America Inc. (“Renesas”) to purchase an aggregate of 4,943,555 shares of Wolfspeed’s common stock, par value $0.00125 per share (the “New Common Stock”), at an exercise price of $23.95 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm
- Governance Changes
  WOLFSPEED, INC.: Adopted New Bylaws upon conversion from a North Carolina corporation to a Delaware corporation.
  - Change: bylaw amendment
  source text: Wolfspeed effected a conversion from a North Carolina corporation to a Delaware corporation and, in connection therewith, the New Certificate of Incorporation became effective and Wolfspeed adopted the New Bylaws.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm
- Governance Changes
  WOLFSPEED, INC.: Adopted New Certificate of Incorporation upon conversion from a North Carolina corporation to a Delaware corporation.
  - Change: charter amendment
  source text: Wolfspeed effected a conversion from a North Carolina corporation to a Delaware corporation and, in connection therewith, the New Certificate of Incorporation became effective and Wolfspeed adopted the New Bylaws.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm
- M&A Transactions
  WOLFSPEED, INC. underwent a change of control (closed 2025-09-29).
  - Action: change of control
  - Closing: 2025-09-29
  source text: On the Plan Effective Date, all previously issued and outstanding equity interests in Wolfspeed were cancelled and extinguished.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000119312525224251/0001193125-25-224251-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.