Thurman J. Rodgers
Thurman J. Rodgers (the Company’s Chief Executive Officer) was appointed as the Company’s Principal Financial Officer, pending the Company’s appointment of a replacement Chief Financial Officer.
Highest-materiality recent filing
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.
SunPower issues additional $5M of 10% convertible senior secured notes due 2029
Issued additional Notes on May 20, 2026 with principal amount of $5 million (inferred from max shares).
SunPower Q1'26 rev $72.8M, non-GAAP op loss $12.9M; CFO resigns, guidance lowered
Revenue $72.8M, down 9% from Q4'25 guidance of $80M; GAAP operating loss $19.2M, non-GAAP loss $12.9M.
SunPower closes $41M private offering of 10% convertible senior secured notes due 2029
$41M in 10.00% Convertible Senior Secured Notes due 2029 issued; $24M to QIBs, $6M to CEO-affiliated entities, $10M exchanged for Sunder acquisition note.
SunPower raises $41M via 10% convertible notes due 2029; reduces debt by $40M
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).
SunPower restates 2025 interim financials due to material revenue, expense errors
Company and Audit Committee determined prior Q1-Q3 2025 financials should no longer be relied upon.
SunPower FY2025: $300M rev, GAAP op loss $26.9M; $5M SAFE from CEO affiliate
FY2025 GAAP revenue of $300M, $8.8M lower than unaudited prior reports due to double-booking correction.
SunPower stockholders approve six proposals including share issuances and equity plan amendment
Approved issuance of shares to Complete Solar/Sunder Energy in excess of 3,333,334 shares for acquisition.
SunPower presents at ROTH Conference with solar aircraft demo; no financial update
Presentation at 38th Annual ROTH Conference features Helios solar-powered aircraft with 65,000 solar cells and 35,000W output.
SunPower issues $10M convertible debenture to YA II PN at 90% of par; conversion at $2.50/share
Issued $10M convertible debenture for $9M (90% of principal) to YA II PN, LTD.; 0% interest (18% on default).
SunPower appoints Wendell Laidley as CFO; interim CFO Nguyen remains CAO
Jeanne Nguyen resigned as interim CFO on Feb 2, 2026; she continues as CAO.
SunPower acquires Cobalt Power Systems for 1.8M shares plus $6.66M in earnout shares
SunPower acquired all outstanding Cobalt Power Systems stock on Feb 2, 2026, in a stock-based deal.
SEPA with YA II PN for up to $20M pre-paid advances; first tranche of $1.9M funded Jan 27, 2026.
SunPower Q4 revenue record $88.5M; FY 2025 first profitable year with $10.9M operating income
Q4 2025 revenue $88.5M (record, up 26% QoQ); non-GAAP operating income $3.5M (4% margin).
SunPower closes Ambia Energy acquisition; FY2024 rev $54.3M, net loss $6.3M
Acquisition of residential solar installer Ambia Energy closed Nov 21, 2025; Ambia now wholly-owned subsidiary.
SunPower extends White Lion equity line to 2027, ups commitment to $55M with shareholder nod
Commitment period extended to earlier of Dec 31, 2027 or full purchase of Commitment Amount.
Sunder Energy revenue fell 22% YoY to $44.3M in 2024 from $56.9M in 2023.
SunPower posts investor presentation for Jefferies conference; no material financial updates
Presentation furnished as Exhibit 99.1 and posted on company website on December 4, 2025.
SunPower closes $37.5M Ambia acquisition; raises Q4 revenue outlook to $88M
Acquisition consideration: 10,243,924 shares at closing plus $18.75M in shares over 12 months.
SunPower receives Nasdaq deficiency notice for late Q3 filing; issues $2M convertible note to CEO
Nasdaq deficiency notice on Nov 19, 2025 for late Q3 10-Q; 60 days to submit compliance plan.
SunPower signs LOI to acquire Ambia Solar for $37.5M in equity; adds $83.6M annual revenue
Non-binding LOI for $37.5M in equity; expected Q4'25 close; Ambia No. 19 U.S. solar by MW.
SunPower Inc. name change from Complete Solaria, Inc. effective Oct 17, 2025
Name changed from Complete Solaria, Inc. to SunPower Inc., effective 4:30 PM ET on October 17, 2025.
SunPower reports Q3 non-GAAP op income record $3.12M; guides Q4 rev $83.3M
Q3 revenue $70.0M, non-GAAP operating income $3.12M (record 4.5% of revenue), up from $2.42M in Q2.
Complete Solaria closes acquisition of Sunder Energy, issues $22M convert notes and $20M seller note
Completed acquisition of Sunder Energy LLC for $20M cash, $20M seller note, and up to ~10M common shares (3.33M initial plus 6.67M deferred subject to stockholder approval).
SunPower (SPWR) to acquire Sunder Energy for $40M cash plus 10M shares, gaining #5 US solar spot
Total consideration: $20M cash at closing + $20M seller note (7% due May 2026) + 10M shares (3.33M initial, 6.67M deferred subject to stockholder approval).
Complete Solaria posts presentation on convertible note offering and Sunder Energy acquisition
Presentation posted on sunpower.com regarding 7.00% Convertible Senior Notes due 2029 issued in connection with Sunder Energy LLC acquisition.
Complete Solaria amends forward transaction with Polar, extends valuation date to July 2026
Fifth Amendment to OTC Equity Prepaid Forward Transaction with Polar Multi-Strategy Master Fund extends valuation date to July 17, 2026 (or earlier on trigger events).
Complete Solaria CFO Daniel Foley resigns; Jeanne Nguyen named interim CFO
Daniel Foley resigned as CFO of Complete Solaria, effective July 22, 2025.
SunPower posts $2.4M profit on $67.5M Q2 rev despite steep ITC-related revenue drop
Q2 revenue $67.5M (down 18% QoQ); non-GAAP operating profit $2.42M vs $2.94M in Q1.
Complete Solaria amends forward purchase agreements; Polar valuation Aug 1, 2025
Meteora/Sandia valuation date extended to July 17, 2026; Polar valuation set to August 1, 2025.
Complete Solaria issues $5M convertible note to CEO Thurman Rodgers at 12% interest
Convertible promissory note for $5,000,000 issued to a trust controlled by CEO Thurman J. Rodgers.
Stockholders approve 21.6M additional shares for equity plan, re-elect all directors
All 11 director nominees elected with strong support (e.g., Thurman J. Rodgers received 37.4M votes for).
SunPower (Complete Solaria) approves 21.6M share plan; CEO gives ITC guidance
Shareholders elected 11 directors, ratified BDO as auditor, and approved adding 21,555,584 shares to 2023 Equity Incentive Plan.
SunPower receives Nasdaq notice for late 10-K filing; filed on April 30, 2025
Received Nasdaq deficiency notice on April 28, 2025 for late filing of 2024 Form 10-K.
Q1 2025 revenue $80.2M; non-GAAP operating profit $1.3M vs loss of $5.9M in Q4 2024.
SunPower CEO TJ Rodgers shares vision to grow revenue from $300M to $1B by 2026
CEO outlines plan to grow $300M annual revenue run rate to over $1B by 2025-2026 via acquisitions and cost discipline.
Complete Solaria changes fiscal year to 52-53 week calendar, sets May 15, 2025 Annual Meeting
Fiscal year end changed from Dec 31 to Sunday closest to Dec 31, effective for FY ending Dec 29, 2024; no transition report filed.
Complete Solaria reports preliminary Q4/FY2024 results; appoints J. Daniel McCranie to board
Preliminary unaudited Q4 2024 and FY2024 results announced Jan 21; company forecasts operating income breakeven in Q1 2025.
Complete Solaria Q4 preliminary revenue $81.1M beats $80M forecast; Q1 2025 revenue guided to $82M
Q4 revenue $81.1M, up from $5.5M in Q3 and above the $80M forecast in the prior quarter.
Complete Solaria stockholders elect all nine director nominees at 2024 annual meeting
All nine directors elected: Rodgers, Alvarez, Anderson, Gishen, Lundell, Maier, Pasek, Thiam, Whatley.
Acquisition of Blue Raven Solar, New Homes, and Dealer network assets closed Sept 30, 2024 for $52.7M cash.
Complete Solar reports combined Q3 revenue $117M, operating loss $40M; Q4 guided to $80M rev
Combined Q3'24 revenue $117.3M (3 divisions) with operating loss $40.0M including bankruptcy write-offs and high costs.
Complete Solaria appoints Lothar Maier to board of directors effective Oct 28, 2024
Board expanded from 8 to 9 directors; Lothar Maier appointed to fill vacancy, effective immediately.
Complete Solaria enters employment agreement with CFO Daniel Foley; $400K salary + 250K RSUs
Base salary of $400,000 per year with annual bonus eligibility of 50% of gross salary.
Complete Solaria acquires SunPower core assets for $45M, hires 1,000
Acquired SunPower's core residential solar assets out of Chapter 11 for $45 million.
Complete Solaria closes $45M acquisition of SunPower's Blue Raven Solar and new homes assets
Acquired SunPower's Blue Raven Solar business, new homes business, and non-installing dealer network for $45M cash; closed Sept 30, 2024.
Complete Solaria issues $32.3M additional 7% convertible notes due 2029 for SunPower deal
Issued $32.3M aggregate principal of 7.00% Convertible Senior Notes due 2029 on Sep 24, 2024.
Complete Solaria wins bid for SunPower assets in Chapter 11 sale
SunPower determined Complete Solaria as prevailing bidder for Blue Raven Solar, New Homes, and dealer network assets.
Complete Solaria raises $52.5M via 7% convertible notes; CEO affiliate invests $8M
Aggregate principal $52.5M, including $8M from entity affiliated with CEO T.J. Rodgers.
Complete Solaria amends equity line with White Lion to allow one-hour rapid share sales
Amendment No. 2 adds 'Hour Rapid Purchase Notice': up to 100,000 shares or 5% of avg daily volume per transaction.
Thurman J. Rodgers (the Company’s Chief Executive Officer) was appointed as the Company’s Principal Financial Officer, pending the Company’s appointment of a replacement Chief Financial Officer.
On May 7, 2026, Wendell Laidley resigned from his position as Chief Financial Officer of the Company.
the Board of Directors (the (“ Board ”) of the Company appointed Bernard Gutmann to serve as a director of the Company and as a member of the Audit Committee, effective immediately.
appointed J. Daniel McCranie to serve as a director of the Company, effective immediately.
appointed Lothar Maier to serve as a director of the Company, effective immediately.
Effective August 16, 2024, Chief Operating Officer Brian Wuebbels has resigned from Complete Solaria, Inc. (the “Company”).
On June 7, 2024, Complete Solaria, Inc. (the “Company”) entered into an executive employment agreement (the “Foley Agreement”) with Daniel Foley to serve as Chief Financial Officer, effective July 1, 2024.
Chris Lundell had stepped down as the Company’s Chief Executive Officer.
Brian Wuebbels to serve as Chief Operations Officer, effective immediately.
Chris Lundell, Chief Executive Officer, and member of the Board, stepped down as Chief Executive Officer.
appointed Thurman J. Rodgers as Chief Executive Officer, effective as of April 24, 2024
Max materiality 1.00 · Median 0.70 · Most common event other_material