{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-046407","form_type":"8-K","ticker":"SPWR","cik":"0001838987","company_name":"SunPower Inc.","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.081980+00:00","generated_at":"2026-05-15T04:55:41.665583+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SunPower raises $41M via 10% convertible notes due 2029; reduces debt by $40M","bullets":["Issued $41M aggregate principal of 10.00% Convertible Senior Secured Notes due May 1, 2029; conversion price $1.6385/share (45% premium to $1.13 close).","Proceeds used to prepay $5M of YA Debenture, pay $4.75M Siemens settlement, $4M to CPP, and ~$1.5M fees; net ~$9.75M for working capital.","CEO Thurman J. Rodgers invested $6M personally via an affiliate; Sunder Energy former owners converted $10M of M&A debt into the new notes.","Separate exchange agreements repurchased $21.25M of 7.0% Convertible Senior Notes for 18.8M shares of common stock plus accrued interest.","Total debt reduction of $40M from the offering, exchange, and Sunder conversion; A&R Seller Note to CPP revised to $7M at 7%-10% interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-046407","json":"https://secwatch.observer/filing/0001213900-26-046407.json","markdown":"https://secwatch.observer/filing/0001213900-26-046407.md","text":"https://secwatch.observer/filing/0001213900-26-046407.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/ea0287307-8k_sunpower.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:55:41.665583+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":"abc74fba9f0b0a7a7d4c5d86422e7c4c4e0874b8","claim":"SunPower Inc. incurred convertible notes of $41,000,000 aggregate principal amount with Qualified institutional buyers, an entity affiliated with T.J. Rodgers, and Chicken Parm Pizza LLC at 10.00% per year maturing May 1, 2029.","evidence_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase Agreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate principal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","confidence":0.9},{"claim_id":"65505835c268755e167b8e22a1916a2009a58b26","claim":"SunPower Inc. entered into Affiliate Note Purchase Agreement with an entity affiliated with Thurman John “T.J.” Rodgers, the Company’s Chief Executive Officer and Chairman valued at $6,000,000 principal amount of Notes (effective 2026-04-21).","evidence_excerpt":"$6,000,000 principal amount of Notes issuable to an entity affiliated with Thurman John “T.J.” Rodgers, the Company’s Chief Executive Officer and Chairman pursuant to a Note Purchase Agreement executed between the Company and such affiliated entity (the “ Affiliate Note Purchase Agreement ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","confidence":0.7},{"claim_id":"697e14c1350d14261aa5779a9e45a03fe70826f7","claim":"SunPower Inc. entered into CPP Note Purchase Agreement with Chicken Parm Pizza LLC (“ CPP ”) valued at $10,000,000 aggregate principal amount of Notes (effective 2026-04-21).","evidence_excerpt":"Also on April 21, 2026, the Company entered into a Note Purchase Agreement with CPP (the “ CPP Note Purchase Agreement ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","confidence":0.9},{"claim_id":"fcf9e1897de3607b2f27e743b9cd3758dad26185","claim":"SunPower Inc. entered into Note Purchase Agreements valued at $41,000,000 aggregate principal amount (effective 2026-04-21).","evidence_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase Agreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate principal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001213900-26-053894","ticker":"TBH","company_name":"Brag House Holdings, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Brag House issues $2.5M convertible notes at 25% OID; proceeds for House of Doge merger","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-053894","json":"https://secwatch.observer/filing/0001213900-26-053894.json","markdown":"https://secwatch.observer/filing/0001213900-26-053894.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/ea0289773-8k_braghouse.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"The issuance of the Notes in the aggregate original principal amount of $2,500,000 constitutes the creation of a direct financial obligation of the Company. The Notes bear interest at 12.0% per annum, mature on February 4, 2027","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm"}},{"accession":"0001492691-26-000042","ticker":"KNX","company_name":"Knight-Swift Transportation Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Knight-Swift closes $1.5B convertible note offering at 1.00% due 2031; proceeds used to repay term loans and revolver","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001492691-26-000042","json":"https://secwatch.observer/filing/0001492691-26-000042.json","markdown":"https://secwatch.observer/filing/0001492691-26-000042.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/knx-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the \"Company\") completed its previously announced private offering (the \"Offering\") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm"}},{"accession":"0001104659-26-057128","ticker":"PUMP","company_name":"ProPetro Holding Corp.","filed_at":"2026-05-07T23:59:59+00:00","headline":"ProPetro issues $690M zero-coupon convertible notes due 2031, expands credit facility","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057128","json":"https://secwatch.observer/filing/0001104659-26-057128.json","markdown":"https://secwatch.observer/filing/0001104659-26-057128.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/tm2613899d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm"}},{"accession":"0001104659-26-057138","ticker":"OCGN","company_name":"Ocugen, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Ocugen completes $115M convertible note offering at 6.75%, repays Avenue loan","event_type":"debt","sec_items":["1.01","1.02","2.02","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057138","json":"https://secwatch.observer/filing/0001104659-26-057138.json","markdown":"https://secwatch.observer/filing/0001104659-26-057138.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/0001104659-26-057138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/tm2613898d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On May 7, 2026, Ocugen, Inc. (the “Company”) completed its previously announced private offering (the “offering”) of $115.0 million aggregate principal amount of 6.75% Convertible Senior Notes due 2034 (the “notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/0001104659-26-057138-index.htm"}},{"accession":"0001104659-26-068944","ticker":"TSEOF","company_name":"Trinseo PLC","filed_at":"2026-06-01T20:23:35+00:00","headline":"Trinseo obtains $142.5M new money DIP financing and $150M AR facility in Chapter 11","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068944","json":"https://secwatch.observer/filing/0001104659-26-068944.json","markdown":"https://secwatch.observer/filing/0001104659-26-068944.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/0001104659-26-068944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/tm2615985d1_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"$6,000,000 principal amount of Notes issuable to an entity affiliated with Thurman John “T.J.” Rodgers, the Company’s Chief Executive Officer and Chairman pursuant to a Note Purchase Agreement executed between the Company and such affiliated entity (the “ Affiliate Note Purchase Agreement ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On May 28, 2026, the Company, as parent, Trinseo NA Finance LLC, as holdings, Trinseo Luxco Finance SPV S.à r.l. and Trinseo NA Finance SPV LLC (together, the “ SHC Borrowers ”), as borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time (the “ SHC DIP Lenders ”), and Alter Domus (US) LLC, as administrative agent and collateral agent, entered into a Senior Secured Super-Priority Debtor-In-Possession HoldCo Credit Agreement (the “ Super-Holdco DIP Credit Agreement ”), providing for a senior secured super-priority priming term loan debtor-in-possession credit facility in an aggregate principal amount of $157.5 million (the “ Super-Holdco DIP Facility ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/0001104659-26-068944-index.htm"}},{"accession":"0001193125-26-215654","ticker":"ACH","company_name":"ACCENDRA HEALTH INC/VA/","filed_at":"2026-05-11T23:59:59+00:00","headline":"Accendra Health launches $326.25M 9% first lien notes, $300M revolver, and exchange offers for existing notes","event_type":"debt","sec_items":["1.01","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 7.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-215654","json":"https://secwatch.observer/filing/0001193125-26-215654.json","markdown":"https://secwatch.observer/filing/0001193125-26-215654.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/0001193125-26-215654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/d135857d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"$6,000,000 principal amount of Notes issuable to an entity affiliated with Thurman John “T.J.” Rodgers, the Company’s Chief Executive Officer and Chairman pursuant to a Note Purchase Agreement executed between the Company and such affiliated entity (the “ Affiliate Note Purchase Agreement ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On May 11, 2026, Accendra Health, Inc. (the “ Company ”) entered into a Commitment and Consent Letter (the “ Commitment Letter ”) with certain institutions that are (a)(i) holders of the Company’s 4.500% Senior Notes due 2029 (the “ 2029 Notes ”) and 6.625% Senior Notes due 2030 (the “ 2030 Notes ” and, together with the 2029 Notes, the “ Existing Notes ”), collectively holding approximately all of the outstanding principal amount of the 2029 Notes and approximately 83% of the outstanding principal amount of the 2030 Notes as of May 11, 2026 and (ii) lenders under the Company’s existing Term Loan Credit Agreement (as defined below) (collectively, the “ Commitment and Consenting Parties ” and each, a “ Commitment and Consenting Party ”), (b) certain lenders under the Company’s existing Term Loan Credit Agreement consenting solely with respect to the Term B-1 Term Loan Consent (as defined below) (the “ Term B-1 Term Loan Consenting Parties ”) and (c) all lenders under the Company’s Exist","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/0001193125-26-215654-index.htm"}},{"accession":"0001104659-26-056748","ticker":null,"company_name":"ACURA PHARMACEUTICALS, INC","filed_at":"2026-05-07T23:59:59+00:00","headline":"Acura's debt to related party grows to $10.3M; warns of possible shutdown without new financing by May-end","event_type":"debt","sec_items":["1.01","2.01","2.03","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-056748","json":"https://secwatch.observer/filing/0001104659-26-056748.json","markdown":"https://secwatch.observer/filing/0001104659-26-056748.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/0001104659-26-056748-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/tm2613771d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"On each of March 30, 2026, April 3, 2026, April 20, 2026 and May 5, 2026, we received loans of $100,000 from Abuse Deterrent Pharma, LLC (“AD Pharma”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/0001104659-26-056748-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 7.01, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 21, 2026, SunPower Inc. (the “ Company ”) entered into note purchase agreements (the “ Note Purchase\nAgreements ”) relating to the private offering (the “ Offering ”) of $41,000,000 aggregate\nprincipal amount of the Company’s 10.00% Convertible Senior Secured Notes due 2029 (the “ Notes ”)","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1838987/000121390026046407/0001213900-26-046407-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}