SunPower Inc.

Background

Company Name	SunPower Inc.
Stock Symbol	SPWR

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If you suffered a loss on your SunPower Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Additional Comments

Background

On April 14, 2026, SunPower disclosed that its financial statements for the first three fiscal quarters of 2025 “contain material errors and should no longer be relied upon and should be restated.” The Company specified that the errors “related to the recognition of revenue (and related cost of revenues, sales commissions, sales and marketing, and general and administrative expenses), and interest expense.”

On the same day, the Company filed its annual report for the 2025 fiscal year, which noted that GAAP revenue totaled $300 million, down from $308.75 million previously reported due to the removal of double bookings, and an approximately $26.9 million GAAP operating loss following a one-time balance sheet cleanup.

On this news, SunPower’s stock price fell as much as 10% during intraday trading on April 15, 2026, thereby injuring investors.

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