Wolfspeed (WOLF) Completes $200M ATM

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Go back to Wolfspeed (WOLF) Completes $200M ATM

Wolfspeed Completes $200 Million At-The-Market Equity Offering

January 15, 2025 8:00 AM EST

Wolfspeed Achieves Important CHIPS Act Milestone

Strengthens The Balance Sheet by Providing Additional Liquidity

DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF) announced today that it has completed the offering of shares of its common stock under its previously announced at the market offering program pursuant to a shelf registration statement filed with the U.S. Securities and Exchange Commission and a prospectus supplement, dated December 9, 2024.

Through the program, the Company sold 27,793,535 shares of its common stock for gross proceeds of... More