Wolfspeed discloses pro forma financials following September 2025 bankruptcy emergence
Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read
Key Changes
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Wolfspeed emerged from prepackaged bankruptcy on September 29, 2025, completing a restructuring that typically involves debt reduction and equity changes. Pro forma financials now reflect the reorganized company.
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Company adopted fresh start accounting as of September 29, 2025, which revalues all assets and liabilities to fair value and resets retained earnings, effectively creating a new reporting entity for accounting purposes.
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Required regulatory approvals under the reorganization plan were received on January 29, 2026, completing conditions necessary for the restructuring.
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Generated by AI · Jun 10, 2026 3:26 PM