SunPower raises additional $5 million in convertible debt offering
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SunPower Adds $5M to Recent $41M Offering
May 22, 2026 8:00 AM EDTOREM, Utah, May 22, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (SunPower, the Company, or Nasdaq: SPWR), a solar technology, services, and installation company, today announced it had closed on an incremental $5 million private placement of its April 28, 2026 senior, convertible debenture notes, bringing the total funding to $46 million. The proceeds will provide increased intra-quarter liquidity for general corporate needs. The repeat investor is Fortis Capital, an entity associated with John Doerr,... More
