• Maxeon Solar received letters of demand delivered June 18 to several subsidiaries tied to its secured convertible note indentures.
• The demands cite events of default triggered by the company’s judicial management process, including an unstayed court order in effect for 60 days.
• Trustee notices assert automatic acceleration of principal and accrued interest on Variable-Rate Convertible First Lien Senior Secured Notes due 2029.
• Acceleration also covers 9.00% Convertible First Lien Senior Secured Notes due 2029, Adjustable-Rate Convertible Second Lien Senior Secured Notes due 2028.
• Judicial managers are reviewing the demands with management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maxeon Solar Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-286776), on June 29, 2026, and is solely responsible for the information contained therein.