---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-060318"
form_type: "8-K"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2026-05-22T12:30:16+00:00"
generated_at: "2026-05-22T12:40:35.887147+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SunPower issues additional $5M of 10% convertible senior secured notes due 2029

## Summary
- Issued additional Notes on May 20, 2026 with principal amount of $5 million (inferred from max shares).
- Notes mature May 1, 2029, pay 10% interest quarterly, and are convertible at holder's option.
- Initial conversion price approximately $1.64 per share; maximum conversion price $1.13 per share.
- Notes are senior secured, guaranteed by Complete Solar, Inc. and secured by substantially all assets.
- Shares issuable upon conversion are unregistered and subject to a 9.99% beneficial ownership cap.

## SEC filing metadata
- accession: 0001213900-26-060318
- form_type: 8-K
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2026-05-22T12:30:16+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000121390026060318/0001213900-26-060318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000121390026060318/ea0291938-8k_sunpower.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-060318
- JSON: https://secwatch.observer/filing/0001213900-26-060318.json
- Plain text: https://secwatch.observer/filing/0001213900-26-060318.txt

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