Maxeon Solar Technologies, Ltd. announced that it will issue not less than 1,500,000 common shares for gross proceeds of up to $1,900,000 on April 14, 2021. The transaction will include participation from existing investor Tianjin Zhonghuan Semiconductor Co., Ltd. The transaction is contingent on completion of the public offering. The transaction is exempt from the registration requirements of the Securities Act of 1933.