secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001193125-26-098608
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed releases pro forma financials reflecting bankruptcy emergence, regulatory approvals
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- Pro forma net loss $372.0M for six months ended Dec 28, 2025; $1,213.4M for FY ended Jun 29, 2025.
- Plan effective Sep 29, 2025; Regulatory Approvals (CFIUS, antitrust) received Jan 29, 2026.
- Enterprise value estimated at $2.6B (midpoint $2.35B-$2.85B); reorganization value $3.84B.
- Fresh start accounting adopted; historical financials not comparable to future post-emergence periods.
- Approximately 43.6M shares of New Common Stock issued; old shares cancelled; Renesas received shares and warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000119312526098608/0001193125-26-098608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000119312526098608/d113382d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-098608

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