Current Report
Filed: 2026-03-19
Key Insights
- Wolfspeed, Inc. has entered into a private placement agreement to sell 3,250,030 shares of common stock and 2,000,000 pre-funded warrants to certain investors, raising approximately $96.9 million in gross proceeds.
- The company has also entered into separate subscription agreements for the issuance of convertible notes, with Wolfspeed Texas, LLC as the guarantor.
- The company has agreed to file a resale registration statement with the SEC within 75 days of the closing of the equity securities placement to register the resale of the shares and shares issuable upon exercise of the pre-funded warrants.