---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001570"
form_type: "8-K"
ticker: null
cik: "0001210618"
company_name: "SPI Energy Co., Ltd."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:20:53.596717+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPI Energy settles winding-up petition with Streeterville for $10.5M

## Summary
- SPI agrees to pay $10.5M in staged payments through Dec 31, 2024 to settle $14.98M debt claim.
- A $5M trigger payment is due by May 31, 2024 or within 5 days of SolarJuice IPO closing.
- Five subsidiaries and CEO Xiaofeng Peng provide full or limited guarantees of the settlement payments.
- Settlement requires dismissal of Streeterville's Cayman winding-up petition and SPI's California lawsuit.
- Default allows Streeterville to resume winding-up proceedings and seek joint official liquidators.

## SEC filing metadata
- accession: 0001683168-24-001570
- form_type: 8-K
- cik: 0001210618
- company_name: SPI Energy Co., Ltd.
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210618/000168316824001570/0001683168-24-001570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210618/000168316824001570/spi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001570
- JSON: https://secwatch.observer/filing/0001683168-24-001570.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001570.txt

## Key facts
- Material Agreements
  SPI Energy Co., Ltd. entered into Deed of Settlement with Streeterville Capital, LLC valued at $10,500,000 repayment with staged payments by December 31, 2024 (effective 2024-03-06).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Streeterville Capital, LLC
  - Value: $10,500,000 repayment with staged payments by December 31, 2024
  - Effective: 2024-03-06
  source text: On March 6, 2024, SPI Energy Co., Ltd. (the “Company”) and Streeterville Capital, LLC (the “Petitioner”) entered into that certain Deed of Settlement (the “Settlement Agreement”), pursuant to which the Company would repay the total of $10,500,000 to the Petitioner no later than December 31, 2024 by way of a number of staged payments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210618/000168316824001570/0001683168-24-001570-index.htm

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