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The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...
The company agreed with top creditors to exchange most of its debt for equity and file a near-term bankruptcy.
Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 ...
Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would ...
Wolfspeed, a North Carolina manufacturer of semiconductors for electric vehicles, said it had struck a deal with creditors to ...
Wolfspeed said the bankruptcy was part of a planned restructuring which would cut its overall debt by around 70%, or $4.6 ...
Wolfspeed said on Sunday that it has reached a restructuring agreement with creditors and plans to file for bankruptcy in the ...
Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc. under a proposal ...
The restructuring agreement would provide the struggling chipmaker with $275 million in fresh financing by some of its ...
The US chip manufacturer Wolfspeed wanted to expand in Germany with chips for electric cars. The company has now reached an ...
Wolfspeed, a US-based chipmaker, plans to file for Chapter 11 bankruptcy under a restructuring agreement to reduce its $6.5 ...
The restructuring support agreement (RSA) will see the company receive $3 billion in convertible bonds and a $2bn loan from ...