SunPower issues 17.9M shares to settle prepaid forward transactions with Polar, Meteora, Sandia

SunPower Inc.

Issued 17,900,462 shares of common stock to settle settlement amount adjustments under Forward Purchase Agreements.
Additional shares may be issuable based on common stock trading price during valuation period.
One seller may receive monthly cash amortization of $50,000 starting Oct 31, 2026 if not fully realized.
Shares issued under Section 4(a)(2) exemption; registration rights granted.

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