secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-09-16T21:09:47+00:00
Accession:  0001193125-26-393237
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed emerges from bankruptcy; pro forma FY2026 net loss $665.9M, revenue $665.1M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000119312526393237/0001193125-26-393237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000119312526393237/d45459d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-393237

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