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According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say will ...
Wolfspeed, a US-based chipmaker, plans to file for Chapter 11 bankruptcy under a restructuring agreement to reduce its $6.5 ...
NORTH CAROLINA, USA — Wolfspeed Inc., a Durham-based semiconductor company, said it plans to file for Chapter 11 bankruptcy as part of a pre-packaged restructuring agreement backed by key lenders.
And Wolfspeed’s 8-K filing with the Securities and Exchange Commission “revealing it would not pursue a proposed transaction (involving equitization) as part of negotiations with its creditors ...
Wolfspeed promised customer and vendor commitments won’t be impacted during the process. One of the Triangle’s largest employers, Wolfspeed anticipates emerging from bankruptcy by the end of ...
Wolfspeed faces potential bankruptcy, with shares plummeting 60%. Check out the risks and implications for investors in debt-laden WOLF stock.
Wolfspeed said on its earnings call that it didn’t anticipate its debt negotiations to materially impact stakeholders but that it expected to add “going-concern language in the footnotes to ...
Wolfspeed's stock faces a 90% drop and ... (This includes the impact of an at-the-market offering completed after the ... Notably, credit investors don't even think the 2026s will be ...
The company will soon announce a deal for a so-called prepackaged bankruptcy, that would be long enough to slash billions in debt, the report said. After a restructuring support agreement is signed, ...
The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court.
Wolfspeed said on its earnings call that it didn't anticipate its debt negotiations to materially impact stakeholders but that it expected to add "going-concern language in the footnotes to the ...