Complete Solaria (CSLR) Issues Update on Operational Progress & PE Debt

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Go back to Complete Solaria (CSLR) Issues Update on Operational Progress & PE Debt

Complete Solaria Update: Operational Progress & PE Debt

April 11, 2024 8:15 AM EDT

FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (Complete Solaria or the Company) (Nasdaq: CSLR) today reported on its current financial status, which includes progress on its cash burn rate, and the status of its debt with private equity firms Kline-Hill Partners and Carlyle, which together hold about $70 million in debt owed on about $35 million of principal, split roughly equally between the two... More