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SunPower Inc. Secures $2 Million Investment via SAFE Agreement

PUBLIC · SPWRAug 24, 2026•5 days ago

Amount Raised

$2 Million

Round Type

Convertible Note

RichmondEnergyNatural ResourcesSoftwareRenewable EnergySolar

Investors

Rodgers Massey Revocable Living Trust

Description

On August 24, 2026, SunPower Inc. entered into a simple agreement for future equity (SAFE) with the Rodgers Massey Revocable Living Trust. This agreement involves a significant investment of $2,000,000, aimed at securing future equity in the company. The Purchaser is affiliated with the company's CEO, Thurman J

Company Information

Company

SunPower

Location

Richmond, Virginia, United States

About

Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.

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