{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-039099","form_type":"8-K","ticker":"SPWR","cik":"0001838987","company_name":"SunPower Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.636036+00:00","generated_at":"2026-06-03T00:52:40.022897+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Complete Solaria restructures debt with Kline Hill; issues 9.8M shares, warrants for 3.7M shares","bullets":["Cancels all debt to Kline Hill; issues 9.8M common shares and warrants on 3.7M shares at $0.62 exercise price.","Potential $3.75M cash payment to Kline Hill upon achieving $100M TTM revenue or $10M TTM EBITDA, not before Jan 1, 2026.","Closing conditioned on Carlyle executing agreement to cancel all debt owed by Complete Solaria.","Warrants sold at $0.125 per warrant share for aggregate $462,500; unregistered sale under Section 4(a)(2).","Transaction terminates all debt instruments and security interests between Company and Kline Hill."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-039099","json":"https://secwatch.observer/filing/0001213900-24-039099.json","markdown":"https://secwatch.observer/filing/0001213900-24-039099.md","text":"https://secwatch.observer/filing/0001213900-24-039099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838987/000121390024039099/0001213900-24-039099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838987/000121390024039099/ea0205167-8k_complete.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:52:40.022897+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":[{"claim_id":"44460f3f2c4cd571c827fbd7102d5b26ce236bf4","claim":"SunPower Inc. entered into common stock purchase agreement with Kline Hill Partners Fund LP, Kline Hill Partners IV SPV LLC, and Kline Hill Partners Opportunity IV SPV LLC (together \"Kline Hill\") (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, Complete Solaria, Inc. (the “Company”) entered into a common stock purchase agreement (the “Agreement”) with Kline Hill Partners Fund LP, Kline Hill Partners IV SPV LLC, and Kline Hill Partners Opportunity IV SPV LLC (together “Kline Hill”) providing for (a) the cancellation of all indebtedness owed to Kline Hill by the Company, termination of all debt instruments by and between the Company and Kline Hill, and the satisfaction of all obligations owed to Kline Hill by the Company under the terminated debt instruments, (b) the issuance of 9,800,000 shares of the Company’s Common Stock (the “Shares”) to Kline Hill, (c) the issuance of warrants (the “Warrants” and the shares issuable therefrom, the “Warrant Shares”) to Kline Hill to purchase up to 3,700,000 shares of the Company’s common stock, with an exercise price per share of $0.62 (the closing price per share of the Company’s common stock as reported on the Nasdaq Capital Market of the date of the Agreement), and (d) a","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390024039099/0001213900-24-039099-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Kline Hill Partners Fund LP, Kline Hill Partners IV SPV LLC, and Kline Hill Partners Opportunity IV SPV LLC (together \"Kline Hill\")"},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}