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SunPower Signs Amendment to Stock Purchase Agreement With White Lion Capital

SunPower amends its stock purchase agreement with White Lion Capital to extend the equity facility timeline.
The commitment period now ends at the earlier of Dec 31, 2027 or full purchase of the commitment.
SunPower increases the commitment amount to $55 million, pending stockholder approval.
A three-hour rapid purchase option was added, priced off the lowest traded price in a defined window.
The amendment is intended to provide additional liquidity flexibility for equity financing.
The agreement concerns a committed equity facility with White Lion Capital.
SunPower disclosed the amendment details in an 8-K filing reported by TradingView.
The summary notes that the information is AI-powered and may require verification.
The news focuses on SunPower's liquidity strategy and flexibility to raise capital as needed.

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