---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-079792"
form_type: "8-K"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:54:03.429951+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Freedom Acquisition I Corp. issues $325K promissory note to insiders for working capital

## Summary
- Unsecured note for up to $325,000 from Tidjane Thiam, Adam Gishen, Edward Zeng, and Abhishek Bhatia.
- No interest; payable upon earlier of 24 months from IPO close or business combination.
- Proceeds used for general working capital; note may be converted into private placement warrants at $1.50/share.
- Conversion warrants carry registration rights identical to existing private placement warrants.
- Total initial draws: Thiam $100K, Gishen $50K, Bhatia $50K, Zeng $25K (Thiam amount may increase to $200K).

## SEC filing metadata
- accession: 0001213900-22-079792
- form_type: 8-K
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000121390022079792/0001213900-22-079792-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000121390022079792/ea169168-8k_freedom1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-079792
- JSON: https://secwatch.observer/filing/0001213900-22-079792.json
- Plain text: https://secwatch.observer/filing/0001213900-22-079792.txt

## Key facts
- Debt Financings
  SunPower Inc. incurred loan of up to $325,000 with Tidjane Thiam, Adam Gishen, Edward Zeng, Abhishek Bhatia at bears no interest maturing payable in full upon the earlier to occur of (i) twenty-four (24) months from the closing of the initial public offering or (ii) the consummation of the Company.
  - Instrument: loan
  - Principal: up to $325,000
  - Counterparty: Tidjane Thiam, Adam Gishen, Edward Zeng, Abhishek Bhatia
  - Rate: bears no interest
  - Maturity: payable in full upon the earlier to occur of (i) twenty-four (24) months from the closing of the initial public offering or (ii) the consummation of the Company
  - Event: incurrence
  source text: On December 14, 2022, Freedom Acquisition I Corp. (the “Company”) issued an unsecured promissory note (the “Note”) in an amount of up to $325,000 to Tidjane Thiam, the Company’s Executive Chairman, Adam Gishen, the Company’s Chief Executive Officer, Edward Zeng, a director of the Company, and Abhishek Bhatia, a board observer of the Company (each a “Payee”, and collectively, the “Payees”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390022079792/0001213900-22-079792-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.