Court Approves Complete Solar Purchase of SunPower Assets
Complete Solaria, Inc. (CSLR)
Company Research
Source: GlobeNewswire
LEHI, Utah, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Complete Solar Holdings, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that the United States Bankruptcy Court for the District of Delaware has approved the going concern sale of substantially all assets of the Blue Raven, New Homes and Dealer businesses of SunPower Corporation and certain of its affiliates to Complete Solar for $45 million in cash. The sale is expected to close on or before Monday, September 30, 2024, at which time SunPower businesses, the SunPower brand, and about 1,000 employees will become part of Complete Solar, the temporary name of SunPower during this transition. T.J. Rodgers, Complete Solar’s CEO, commented “This is a pivotal moment in the history of SunPower, one of the most storied US solar companies. The dark cloud currently hanging over the US solar industry will not bring SunPower’s demise. And when tha
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CSLR
News
- Complete Solar is Winning Bidder in SunPower Chapter 11 ProceedingsGlobeNewswire
- Complete Solar Raises $40.5 Million for SunPower Asset AcquisitionGlobeNewswire
- US$4.50: That's What Analysts Think Complete Solaria, Inc. (NASDAQ:CSLR) Is Worth After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- Complete Solaria, Inc.'s (NASDAQ:CSLR) Path To Profitability [Yahoo! Finance]Yahoo! Finance
- Complete Solaria, Inc. (NASDAQ: CSLR) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $6.00 price target on the stock.MarketBeat
CSLR
Earnings
- 8/14/24 - Miss
CSLR
Sec Filings
- 9/26/24 - Form 424B3
- 9/26/24 - Form 424B3
- 9/26/24 - Form 8-K
- CSLR's page on the SEC website