Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
SunPower’s common stock,
par value $0.0001 per share, is traded on the Nasdaq Global Market under the symbol “SPWR.”
As of April 13, 2026, there were approximately 149 holders of record
of our common stock. Additionally, there were 195 holders of record of our warrants.
Recent
Sales of Unregistered Securities
In the fiscal year ended December 28, 2025, SunPower Inc. issued 4,010,000
shares of its common stock to White Lion Capital LLC for proceeds of $6.7 million. These sales were completed pursuant to our equity line
of credit with White Lion, and the shares were sold pursuant to the exemption under Section 4(a)(2) of the Securities Act. The proceeds
of these transactions were used for working capital and other general corporate purposes.
Dividends
We
have never declared or paid any cash dividend on our common stock and have no plans to pay dividends. For more information on our common
stock and dividend rights, see “Item 8. Financial Statements and Supplementary Data - Notes to Consolidated Financial Statements
- Note 14. Common Stock and Common Stock Warrants.”
Securities Authorized for Issuance Under Equity
Compensation Plans
See “Part III – Item 12. Securities
Authorized for Issuance Under Equity Compensation Plans”, which is incorporated herein by reference.
ITEM
6. RESERVED
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