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 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 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 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 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 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 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.
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.
Q1 2025 revenue $80.2M; non-GAAP operating profit $1.3M vs loss of $5.9M in Q4 2024.
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.
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 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