{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-416987","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2026-10-07T20:18:06+00:00","discovered_at":"2026-10-07T20:19:00.435194+00:00","generated_at":"2026-10-12T15:50:55.781329+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wolfspeed signs conditional $1.5B U.S. Department of War loan commitment; DoW warrants would cover 7.5% of equity","bullets":["Wolfspeed entered a conditional commitment letter with the U.S. Department of War's Office of Strategic Capital for a senior secured delayed draw term loan of up to $1.5 billion.","Four tranches: $600M initial, then $900M in $200M-$400M draws. Initial proceeds refinance the first lien notes due 2030; later draws fund domestic SiC and GaN production and GaN-on-SiC RF epitaxy.","The Facility would have a 30-year maturity, 36-month commitment period and interest at the Treasury rate plus a provisionally set 1.25%-1.75% risk premium; first five years are interest-only.","Conditions include Congressional authorization and appropriations, OMB concurrence, equitizing most outstanding convertible notes, and $750M of Qualifying Sources raised after June 28, 2026.","DoW would get warrants for 5% plus 2.5% of fully diluted equity at VWAP-based prices with a 10-year term; OSC gets a non-voting board observer and the CEO must be a permitted-jurisdiction national."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-416987","json":"https://secwatch.observer/filing/0001193125-26-416987.json","markdown":"https://secwatch.observer/filing/0001193125-26-416987.md","text":"https://secwatch.observer/filing/0001193125-26-416987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000119312526416987/0001193125-26-416987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000119312526416987/d122407d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:50:55.781329+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}