Source: Complete Solaria — SunPower Asset Purchase 8-K (2024)

Summary

Complete Solaria, Inc. Form 8-K filed 2024-08-06 (accession 0001213900-24-065369, CIK 0001838987) describing its stalking-horse asset purchase agreement for SunPower's Blue Raven Solar business and related assets during SunPower's Chapter 11 cases.

Useful Claims

• On August 5, 2024, Complete Solaria entered a stalking-horse asset purchase agreement with SunPower Corporation and subsidiaries for assets related to the debtors' Blue Raven Solar business, New Homes business, and non-installing dealer business.
• The transaction was subject to SunPower's Chapter 11 cases and Bankruptcy Court approval, with a bidding process for higher offers.
• Exhibit 10.1 to the same filing defines "Blue Raven Business" as the solar business offered by Blue Raven HoldCo and subsidiaries, excluding Albatross Software except for a licensed CRM.

Verbatim

"On August 5, 2024, Complete Solaria, Inc., a Delaware corporation (the “ Company ”, “ we ” and “ us ”), entered into a “Stalking Horse” asset purchase agreement with SunPower Corporation (“ SunPower ”) and the direct and indirect subsidiaries of SunPower (the “ Debtors ”) providing for the sale and purchase of certain assets related to the Debtors’ Blue Raven Solar business, New Homes business, and non-installing Dealer network" — Item 1.01

"Blue Raven Solar business, New Homes business, and non-installing Dealer network" — Item 1.01 (asset scope)

Reliability Notes

Primary-tier buyer-side 8-K. Complete Solaria later operated under the SunPower Inc. name while keeping CIK 0001838987; treat this filer as the post-bankruptcy corporate shell that acquired Blue Raven's operating business unless a later assignment filing says otherwise.

Related Pages

• Blue Raven Solar
• Source: SunPower — Chapter 11 Stalking Horse Press Release (2024)