secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-06-09T20:20:31+00:00
Accession:  0001193125-26-263792
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed emerges from Chapter 11; pro forma shows $530.6M net loss for nine months
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- Plan effective Sept 29, 2025; regulatory approvals received Jan 29, 2026, triggering instrument reclassifications.
- Enterprise value at emergence estimated at $2.6B; total new shares issued ~43.6M.
- Pro forma combined net loss $530.6M for nine months ended Mar 29, 2026; $1.213B for FY2025.
- Fresh start accounting applied; goodwill impairment of $359.2M and restructuring expenses of $420.1M in FY2025.
- Contingent cash of $10M returned to Wolfspeed; Forward Equity Contract extinguished at $292.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000119312526263792/0001193125-26-263792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000119312526263792/d298553d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-263792

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