SunPower proposes paying interest on convertible notes with common stock plus bonus shares through Jan 2027

SunPower Inc.

SunPower offers holders of 12% and 7% convertible notes due 2029 common stock plus bonus shares in lieu of cash interest for July 1, 2026 and Jan 1, 2027 payments.
CEO T.J. Rodgers thanks Fortis Capital for incremental investment to the 10% notes in May 2026, bolstering Q2 cash position.
Stock-in-lieu of interest transaction intended to provide full financial flexibility throughout Q3 2026.

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