Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
SunPower Inc. completed an acquisition involving Ambia Energy, LLC, Ambia Holdings, Inc. for 10,243,924 shares of common stock at closing and up to $18.75 million of additional shares of common stock issuable on the six-month and 12-month anniversaries (closed 2025-11-21).
- Action
- acquisition
- Counterparty
- Ambia Energy, LLC, Ambia Holdings, Inc.
- Consideration
- 10,243,924 shares of common stock at closing and up to $18.75 million of additional shares of common stock issuable on the six-month and 12-month anniversaries
- Closing
- 2025-11-21
Exact text from the filing
On November 21, 2025, SunPower Inc., a Delaware corporation (the " Company "), entered into a Membership Interest Purchase Agreement (the " Membership Interest Purchase Agreement ") with Ambia Energy, LLC, a Utah limited liability company (" Ambia "), and Ambia Holdings, Inc., a Delaware corporation and the sole member of Ambia (the " Member "). The Company, Ambia and the Member completed the closing under the Membership Interest Purchase Agreement (the " Closing ") on November 21, 2025. At the Closing, the Company acquired all of the outstanding membership interests of Ambia from the Member for: (a) 10,243,924 shares (the " Closing Consideration Shares ") of common stock of the Company, $0.0001 par value per share (the " Common Stock "), issued at the Closing to the Member; and (b) the agreement to issue an additional $9.375 million of shares of Common Stock on the six-month anniversary of the Closing and an additional $9.375 million of shares of Common Stock on the 12-month anniversa
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SunPower Inc. entered into Membership Interest Purchase Agreement with Ambia Energy, LLC and Ambia Holdings, Inc. valued at 10,243,924 shares of common stock at closing and up to $18.75 million of additional shares of common (effective 2025-11-21).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Ambia Energy, LLC and Ambia Holdings, Inc.
- Value
- 10,243,924 shares of common stock at closing and up to $18.75 million of additional shares of common
- Effective
- 2025-11-21
Exact text from the filing
On November 21, 2025, SunPower Inc., a Delaware corporation (the “ Company ”), entered into a Membership Interest Purchase Agreement (the “ Membership Interest Purchase Agreement ”) with Ambia Energy, LLC, a Utah limited liability company (“ Ambia ”), and Ambia Holdings, Inc., a Delaware corporation and the sole member of Ambia (the “ Member ”).
View on SEC.gov