Court Approves Complete Solar Purchase of SunPower Assets
- 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.
- 09/24/2024
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Complete Solaria's Strategic Pivot Makes It An Attractive Solar Stock (Rating Upgrade)
- Complete Solaria has undergone some turnaround, with new management, fresh capital injections, and strategic asset acquisitions, leading to a stock price rebound above $2. The company has shifted focus to its Systems business, offering turnkey solar solutions, which is expected to improve margins and drive down operational expenses. Recent capital infusions through convertible debentures have bolstered liquidity, enabling the company to scale production and potentially achieve $100 million in quarterly sales.
- 09/22/2024
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Complete Solar is Winning Bidder in SunPower Chapter 11 Proceedings
- LEHI, Utah, Sept. 16, 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 SunPower (OTC: SPWRQ) has determined Complete Solar to be the prevailing bidder for the assets of SunPower pursuant to the Asset Purchase Agreement previously filed with the Bankruptcy Court.
- 09/16/2024
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Complete Solaria, Inc. (CSLR) Q2 2024 Earnings Call Transcript
- Complete Solaria, Inc. (NASDAQ:CSLR ) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants T.J. Rodgers - CEO Brian Wuebbels - COO Cole Farmer - VP of Sales and Marketing Conference Call Participants T.J.
- 08/14/2024
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SunPower Announces Stalking Horse Asset Purchase Agreement with Complete Solaria to Sell Blue Raven Solar, New Homes, and its Non-Installing Dealer Network
- Files voluntary Chapter 11 petitions to effectuate the proposed transaction Intends to operate Blue Raven Solar and New Homes through the Chapter 11 process Pursues value-maximizing sale transactions for remaining assets RICHMOND, Calif. , Aug. 5, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced it has entered into an asset purchase agreement (the "APA") with Complete Solaria, Inc. (NASDAQ:CSLR) ("Complete Solaria") to serve as the Stalking Horse Buyer for the assets associated with SunPower's Blue Raven Solar business, New Homes business, and non-installing Dealer network (the "Assets").
- 08/05/2024
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Complete Solar Raises $10 Million from Chinese Energy Company
- LEHI, Utah, July 17, 2024 (GLOBE NEWSWIRE) -- Complete Solar, Inc. (“Complete Solar” or the “Company.” Nasdaq: CSLR), a solar technology, services, and installation company, today announced that StarCharge – a leading unicorn in Asia's digital energy sector that provides one-stop solutions for charging stations, microgrids, Virtual Power Plants (VPPs), and power trading – has made a $10 million investment in the convertible debenture previously announced by Complete Solar on June 17, 2024.
- 07/17/2024
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Complete Solar Acquires Core Energy
- LEHI, Utah, July 15, 2024 (GLOBE NEWSWIRE) -- Complete Solar, Inc. (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that the Company has acquired selected assets of Core Energy, a Logan, Utah solar engineering, procurement and construction (EPC) firm, and hired its 37 employees, including the CEO, Cole Farmer, an industry veteran who will run Sales and Marketing for the combined company. Due to tight cost management and merit-based retention, Complete Solar's headcount will increase from 106 to only 113 because of the acquisition.
- 07/15/2024
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5 Best Short-Term Stocks to Consider Investing In
- Not every investor is in the market for the long haul. Some prefer short time frames and volatile stocks, looking to make a profit in days or weeks rather than years.
- 07/10/2024
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Complete Solaria, Senti, and POET: 3 High Volume Penny Stocks
- High volume can indicate market strength, but volume is relative. Thirty million in traded shares doesn't mean much if the average daily volume is higher.
- 07/02/2024
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Why Is Complete Solaria (CSLR) Stock Up 41% Today?
- Complete Solaria (NASDAQ: CSLR ) stock is rocketing higher on Monday after the solar solutions company announced the elimination of some of its debt. Complete Solaria notes that it has canceled $67.6 million in debt from private equity firms Carlyle and Kline Hill Partners.
- 07/01/2024
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Complete Solaria Eliminates $67.6 Million of Private Equity Debt
- LEHI, Utah, July 01, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced that it had cancelled $67.6 million in debt from its balance sheet and been released from its obligations under that debt by its two private equity (PE) providers, Carlyle and Kline Hill Partners. On May 15, 2024, the Company announced that it had signed an agreement with Carlyle to set aside all of its financial claims in return for $10 million in cash.
- 07/01/2024
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Complete Solaria Raises $10 Million in Convertible Debenture to Pay Off Carlyle Debt
- LEHI, Utah, June 17, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended, of $10 million Convertible Senior Notes to an entity affiliated with Thurman J. Rodgers, Chief Executive Officer of CSLR (the "TJR Notes").
- 06/17/2024
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Complete Solaria Appoints Solar Industry Veteran Aaron Semliatschenko as VP, U.S. Operations
- FREMONT, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR), a leading solar technology, services, and installation company, today announced the appointment of Aaron Semliatschenko to the position of VP, U.S. Operations. Mr. Semliatschenko will report to Complete Solaria's COO, Brian Wuebbels.
- 05/16/2024
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Complete Solaria, Inc. (CSLR) Q1 2024 Earnings Call Transcript
- Complete Solaria, Inc. (NASDAQ:CSLR ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Brian Wuebbels - Chief Operating Officer T.J. Rodgers - Chief Executive Officer Siddarth Madhav - President & Chief Strategy Officer, Ayna.AI Mike Bego - President, Kline Hill Will Anderson - Founder Conference Call Participants Brian Wuebbels Good afternoon and welcome to the Complete Solaria's Earnings Call.
- 05/03/2024
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Kline Hill Invests in Complete Solaria with Debt-Equity Swap
- Complete Solaria announced Kline Hill Partners agreed to exchange debt for equity; also made additional investments to gain exposure to future growth.
- 05/02/2024
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Complete Solaria to be Self-Funded in Q2 2024
- FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR) today published its Q1'24 results, to be presented via webcast today, May 2, 2024 at 5:00 p.m.
- 05/02/2024
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Complete Solaria to Report Fourth Quarter 2023 and First Quarter 2024 Financial and Operational Results on May 2, 2024
- FREMONT, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced the Company will release its financial and operational results, for the fourth quarter of 2023 and first quarter of 2024, after market close on Thursday, May 2.
- 04/30/2024
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REPEAT - Complete Solaria Names T.J. Rodgers CEO
- FREMONT, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR) today announced that T.J.
- 04/30/2024
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Complete Solaria Names T.J. Rodgers CEO
- FREMONT, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR) today announced that T.J.
- 04/29/2024
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Retail Stock Sector and Chairman T.J. Rodgers Invest in Complete Solaria
- FREMONT, Calif., April 21, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR) today released an updated version of its internal memo detailing the short attack on Complete Solaria last Monday, April 15, with new information on last Friday's 16.6 million share buying spree by retail investors.
- 04/21/2024
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Apparent CSLR Short Attack Just After Issuing Options
- FREMONT, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR) today released an internal document which describes what appears to be a short attack on its stock on the trading day after it launched and announced its first major employee stock option program.
- 04/18/2024
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Complete Solaria Update: Operational Progress & PE Debt
- FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR) today reported on its current financial status, which includes progress on its cash burn rate, and the status of its debt with private equity firms Kline-Hill Partners and Carlyle, which together hold about $70 million in debt owed on about $35 million of principal, split roughly equally between the two (see our 10K for exact numbers).
- 04/11/2024
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Complete Solaria Announces an Equity Investment from Its Chairman
- FREMONT, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR), a leading solar technology, services, and installation company, today announced that T.J.
- 12/21/2023
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Complete Solaria Appoints Solar Industry Veteran and Growth Expert Chris Lundell as its New CEO
- FREMONT, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR), a leading solar technology, services, and installation company, today announced the appointment of Chris Lundell as Chief Executive Officer, effective immediately.
- 12/11/2023
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Complete Solaria Announces Will Anderson to Remain Interim CEO
- FREMONT, Calif., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (NASDAQ: CSLR) today announced that Taner Ozcelik will not join the Company as its new CEO and that Founder Will Anderson will remain interim CEO.
- 11/27/2023
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Complete Solaria Reports Third Quarter 2023 Results
- FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Complete Solaria Inc. (NASDAQ: CSLR) published its third quarter 2023 results, which will be reviewed for investors at 5:00 p.m.
- 11/14/2023
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Complete Solaria to Report Third Quarter 2023 Earnings on November 14, 2023
- Complete Solaria will release its financial results after market close Tuesday, Nov. 14, and will also host a call at 5pm ET to review 3Q performance.
- 10/30/2023
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Complete Solaria Completes Asset Sale, Realigning Portfolio and Accelerating Path to Profitability
- Complete Solaria has completed its previously disclosed asset sale, which realigns the portfolio with long term strategy and accelerates profitability.
- 10/18/2023
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Maxeon Solar Technologies and Complete Solaria Sign Definitive Agreement for Purchase of Sales Channel Assets and Shingled Solar Panel IP by Maxeon
- SINGAPORE and FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Maxeon Solar Technologies, Ltd. (Nasdaq: MAXN) (“Maxeon”), a global leader in solar innovation and channels, and Complete Solaria , Inc. (Nasdaq: CSLR) (“Complete Solaria”), a leading solar technology, services and installation company, announced today that Complete Solaria's subsidiary, SolarCA LLC, has entered into an Asset Purchase Agreement for the sale of certain assets to Maxeon. The agreement also includes a supply agreement for Maxeon to supply its premium, high-performance, high-efficiency solar panels to Complete Solaria. The assets to be acquired include Solaria's dealer channel operations and contracts, as well as Complete Solaria's solar panel patent portfolio relating primarily to shingled cell solar panel technology.
- 09/20/2023
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Complete Solaria Reports Second Quarter 2023 Results
- FREMONT, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Complete Solaria Inc. (NASDAQ: CSLR) published its second quarter 2023 results, which will be reviewed for investors at 5:00 p.m. EDT today, https://investors.completesolaria.com/.
- 08/22/2023
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Complete Solaria Agrees to Terms to Sell Certain North American Solar Panel Assets
- FREMONT, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced they have entered into a Non-Binding Letter of Intent to sell certain Complete Solaria's North American solar panel assets to a global, tier-1 panel manufacturer. The agreement also includes a provision for the buyer to supply premium, high-power solar panels to Complete Solaria.
- 08/21/2023
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Complete Solaria to Host Second Quarter & Business Update Call on August 22, 2023
- FREMONT, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced it will host a one-hour call on Tuesday, August 22, 2023 at 5:00pm ET, to review Q2 results and the residential solar market. The formal presentation will be followed by a live question and answer session.
- 08/16/2023
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FACT Stock: What to Know as Complete Solaria Goes Public
- Special purpose acquisition company (SPAC) Freedom Acquisition I Corp (NYSE: FACT ) generated some headlines on Monday when it announced a reverse merger agreement with solar energy specialist Complete Solaria. Unlike some other speculative SPACs, several high-profile accredited and institutional investors, including Carlyle Group (NASDAQ: CG ) support FACT stock.
- 10/04/2022
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