secwatch.observer — SEC 8-K summary
======================================

Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001193125-25-280307
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed emerges from Chapter 11 on Sep 29, 2025; pro forma equity $757M
-------------------------------------------------------------------------

- Enterprise value estimated at $2.6B; new common equity of $757.2M after fresh-start accounting.
- Prepackaged plan issued $1.38B New Senior Secured Notes due 2030 and $500.2M New 2L Convertible Notes.
- Pro forma net loss for Sep quarter $162.5M vs Predecessor historical loss of $643.6M.
- Renesas receives $216.3M in convertible notes and warrants; 16.9M shares subject to regulatory approval.
- Existing shares canceled; new common shares outstanding ~25.8M, including 1.3M for old equity holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000119312525280307/0001193125-25-280307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000119312525280307/d35388d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-280307

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer