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Complete Solaria Issues $5M Convertible Promissory Note

Story Highlights
  • Complete Solaria issued a $5 million convertible promissory note on July 10, 2025.
  • The note includes conversion and redemption options, affecting financial strategy and stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Complete Solaria Issues $5M Convertible Promissory Note

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Complete Solaria ( (SPWR) ) has shared an announcement.

On July 10, 2025, Complete Solaria, Inc. issued a $5 million convertible promissory note to a trust controlled by its CEO, Thurman J. Rodgers. The note, which bears a 12% interest rate and matures in 2029, is convertible into common stock and includes provisions for redemption and events of default, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (SPWR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Complete Solaria stock, see the SPWR Stock Forecast page.

Spark’s Take on SPWR Stock

According to Spark, TipRanks’ AI Analyst, SPWR is a Neutral.

The stock’s score reflects the company’s struggle with financial stability despite a recent profit turnaround. While technical indicators and strategic changes offer positive signals, valuation concerns and operational challenges weigh heavily on the overall score.

To see Spark’s full report on SPWR stock, click here.

More about Complete Solaria

Complete Solaria, Inc. operates in the renewable energy industry, focusing on the development and provision of solar energy solutions.

Average Trading Volume: 1,175,999

Technical Sentiment Signal: Sell

Current Market Cap: $132.4M

See more insights into SPWR stock on TipRanks’ Stock Analysis page.

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