Wolfspeed Completes Equity Issuance to Renesas After CFIUS Clearance

Reuters01-30
Wolfspeed Completes Equity Issuance to Renesas After CFIUS Clearance

Wolfspeed Inc. has announced the completion of a key milestone in its court-approved restructuring process, following clearance from the Committee on Foreign Investment in the United States (CFIUS) for its equity issuance to Renesas Electronics America Inc. As part of the restructuring plan, Renesas has converted its outstanding unsecured loan into equity and secured convertible debt, and will receive a seat on Wolfspeed’s Board of Directors. With regulatory approvals finalized, Wolfspeed will also distribute the remaining 2% of common stock to legacy pre-petition equity holders, completing the full 5% equity recovery outlined in the plan. Following these issuances, Wolfspeed’s total common stock outstanding will increase to approximately 45.1 million shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wolfspeed Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260130693843) on January 30, 2026, and is solely responsible for the information contained therein.

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