SunPower Inc. 8-K

What Happened

• SunPower Inc. filed an 8-K reporting Amendment No. 3 to its Common Stock Purchase Agreement with White Lion Capital, LLC, dated January 11, 2026. The amendment extends the commitment period to the earlier of December 31, 2027 or the date White Lion has purchased shares equal to the Commitment Amount. It also increases the potential purchase capacity to $55,000,000 of common stock, subject to SunPower stockholder approval, and adds an option for three-hour rapid purchase notices that, if accepted by White Lion, allow share sales based on the lowest traded price during a three-hour valuation period.

Key Details

• Amendment No. 3 effective January 11, 2026; 8-K filed January 12, 2026.
• Increases Commitment Amount to $55,000,000 (requires company stockholder approval).
• Extends Commitment Period to the earlier of December 31, 2027 or when White Lion purchases shares equal to the Commitment Amount.
• Adds a three-hour rapid purchase notice option enabling quicker equity sales at the lowest traded price in the three-hour valuation window if White Lion accepts.

Why It Matters

• This amendment gives SunPower additional, flexible access to equity capital (up to $55M) over an extended period, which management can use at its discretion for funding operations, growth, or other needs.
• Any sales to White Lion would increase shares outstanding and could be dilutive to existing shareholders; the increased commitment requires stockholder approval before it can be used.
• The new three-hour rapid purchase feature may allow faster capital raises tied to short-term market prices, providing quicker liquidity but subject to White Lion’s acceptance and market price variability.