Form 8-K

8-K — SunPower Inc.

Accession: 0001213900-26-064279

Filed: 2026-06-02

Period: 2026-06-02

CIK: 0001838987

SIC: 1700 (CONSTRUCTION SPECIAL TRADE CONTRACTORS)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0293340-8k_sunpower.htm (Primary)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 2, 2026

SunPower Inc.

(Exact name of registrant as specified in its

charter)

Delaware

001-40117

93-2279786

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

1403 N. Research Way, Orem, UT

84097

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: (877) 299-4943

Not Applicable

(Former Name or Former Address, if Changed Since

Last Report)

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

SPWR

The Nasdaq Global Market

Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share

SPWRW

The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☒

Item 7.01. Regulation FD Disclosure.

On April 22, 2026, SunPower Inc. (the “Company”)

issued a press release announcing its intention to offer common stock in lieu of certain cash interest payments under the 7%

convertible senior notes due 2029 and 12% convertible senior notes due 2029. A copy of the press release is furnished as Exhibit

99.1 to this Current Report on Form 8-K.

The information contained in this Item 7.01 and

in the accompanying Exhibit 99.1 shall not be incorporated by reference into any filing of the Company, whether made before or after the

date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such

filing. The information in this Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed to be “filed” for purposes

of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections

11 and 12(a)(2) of the Securities Act.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit

Number

Description

99.1

Press Release, dated June 2, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

+ Certain of the exhibits and schedules to this exhibit have

been omitted in accordance with Item 601(a)(5) of Regulation S-K. The registrant agrees to furnish a copy of all omitted exhibits

and schedules to the SEC upon its request.

* Portions of this exhibit are redacted in accordance with

Item 601(b)(10)(iv) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SunPower Inc.

Dated: June 2, 2026

By:

/s/ Thurman J. Rodgers

Thurman J. Rodgers

Chief Executive Officer

EX-99.1 — PRESS RELEASE, DATED JUNE 2, 2026

EX-99.1

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Exhibit 99.1

SunPower Proposes Bonus Shares In lieu of Cash

Interest for the Next Two Interest Payments of 12% and 7% Notes

OREM, Utah (June 2, 2026) – SunPower

Inc. (“SunPower,” the “Company,” or Nasdaq: “SPWR”), a solar technology, services, and installation

company, today announced its intent to negotiate with certain holders of its 12% Convertible Senior Notes due 2029 and 7% Convertible

Senior Notes due 2029 (collectively, the “Notes”) an offer to accept common stock of equal value with bonus shares in lieu

of cash interest for the cash interest otherwise payable on July 1, 2026 and January 1, 2027.

SunPower CEO, T.J. Rodgers commented, “I

want to thank all our employees and investors for their continued support of SunPower, and to give special thanks to Fortis Capital for

the incremental investment to the 10% notes in May 2026, which fully bolstered our Q2 cash position. The current stock-in-lieu of interest

transaction is intended to provide full financial flexibility throughout Q3’26.”

This press release is neither an offer to sell

nor a solicitation of an offer to buy any securities nor shall there be any sale of securities in any state or jurisdiction.

About SunPower

SunPower Inc. (Nasdaq: SPWR) is a leading residential

solar services provider in North America. The Company’s digital platform and installation services support energy needs for customers

wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.sunpower.com.

Forward Looking Statements

This press release contains forward-looking statements

within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as

amended. Forward-looking statements generally relate to future events, and , you can identify forward-looking statements because they

contain words such as “will,” “goal,” “prioritize,” “plan,” “target,” “expect,”

“expected to,” “focus,” “forecast,” “look forward,” “opportunity,” “believe,”

“estimate,” “continue,” “anticipate,” “could,” “forecast,” and “pursue”

or the negative of these terms or similar expressions. Forward-looking statements represent SunPower’s current beliefs, estimates

and assumptions only as of the date of this press release and information contained in this press release should not be relied upon as

representing SunPower’s estimates as of any subsequent date. These forward-looking statements are subject to risks, uncertainties,

and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied

by these forward-looking statements. Risks include, but are not limited to market risks, trends and conditions. These risks are not exhaustive. For

additional information on these risks and uncertainties and other potential factors that could cause actual results to differ from the

results predicted, readers should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk

Factors” section of our annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April

14, 2026, our quarterly reports on Form 10-Q filed with the SEC, and other documents that we have filed with, or will file with, the SEC.

Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially

from those contained in the forward-looking statements. Forward-looking statements in this press release speak only as of the date they

are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SunPower assumes no obligation and does not

intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

The shares of SunPower

common stock potentially issuable will not be registered under the Securities Act of 1933, as amended (the “Securities Act”),

any state securities laws or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the

United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of

the Securities Act and other applicable securities laws.

Company Contact:

Sioban Hickie

VP Investor Relations

IR@sunpower.com

(801) 515-8727

Source: SunPower Inc.

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