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Wolfspeed to file for Chapter 11 in deal cutting 70% of debtPower chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring Wolfspeed, ...
16h
Stocktwits on MSNWolfspeed Stock Plunges Premarket After Confirming Chapter 11 Plan, Restructuring — Retail Stays PessimisticWolfspeed, Inc. (WOLF) confirmed late Sunday that it plans a Chapter 11 bankruptcy filing in the near future and announced a ...
Wolfspeed, the silicon carbide power solutions company headquartered in North Carolina once in line for three-quarters of $1 ...
Wolfspeed plans to file for Chapter 11 bankruptcy under a reorganization plan to cut $4.6 billion in debt and shift company ...
According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say will ...
Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...
Wolfspeed has announced that it will be filing for Chapter 11 bankruptcy in the near future as part of a restructuring ...
The company also recently laid off 73 workers at its Siler City facility, according to a WARN notice filed with the state.
Wolfspeed anticipates emerging from bankruptcy by the end of September after it has slashed 70% of its debt. Under its ...
Wolfspeed, Inc. entered into a restructuring support agreement with the majority of its creditors. Click here to find out why ...
3h
Cryptopolitan on MSNStruggling US chipmaker Wolfspeed’s shares fall 30% on announcement to file for bankruptcyShares of the US semiconductor firm Wolfspeed plunged by 30% on Monday after the company revealed it is planning to sign for bankruptcy.
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