other material
confidence high
sentiment negative
materiality 0.90
Wolfspeed emerges from bankruptcy; pro forma FY2026 net loss $665.9M, revenue $665.1M
WOLFSPEED, INC.
- Plan effective 9/29/25; regulatory approvals received 1/29/26; fresh start accounting adopted.
- Pro forma FY2026 (ended 6/28/26): revenue $665.1M, net loss $665.9M, diluted EPS ($14.44).
- Enterprise value $2.6B, reorganization value $3.838B, total equity $757.1M at Plan Effective Date.
- Debt: $1.3B New Senior Secured Notes, $331.4M New 2L Convertible Notes, $296.4M Takeback Notes, $203.6M Renesas Notes.
- Old common cancelled; existing holders received ~1.3M shares; Renesas got 16.85M shares and warrants.
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Selected #9 for 2026-09-16.
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