Maxeon Solar Technologies, the planned spinoff of
It will be webcast and can be accessed from
Key members of Maxeon's leadership team including
As previously announced, Maxeon will list its shares on the NASDAQ under the symbol MAXN.
About
As one of the world's most innovative and sustainable energy companies,
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the anticipated spin-off of Maxeon, including timing and certainty, the anticipated benefits of the transaction, and our expectations for future financial and operational performance. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to challenges in executing transactions key to our strategic plans, including regulatory, logistical, and other challenges that may arise, potential disruptions to our operations that may result from epidemics or natural disasters, including impacts of the COVID-19 pandemic, market conditions, including those related to COVID-19 and its effect on the financial markets and our ability to finalize the financing for the transaction, and other closing conditions and approvals related to the transaction. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the
Contact:
Bob Okunski
Tel: 408 240-5447
Email: Bob.Okunski@sunpower.com
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