SunPower Inc. completed its acquisition of Cobalt Power Systems, Inc. on 2026-02-02, according to the Form 8-K SunPower Inc. filed with the SEC on 2026-02-02. The filing states a price of $3.3 million.
| Acquirer | SunPower Inc. |
|---|---|
| Acquired | Cobalt Power Systems, Inc. |
| Completed | 2026-02-02 |
| Price stated in the filing | $3.3 million |
| Reported by | SunPower Inc. (SPWR), the buyer |
| Filing | Form 8-K, filed 2026-02-02 |
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What the filing says
At the Closing, the Company acquired all of the outstanding stock of Cobalt from the Stockholders for: (a) 1.8 million shares (the " Closing Consideration Shares ") of common stock of the Company, $0.0001 par value per share (the " Common Stock "), issued at the Closing to the Stockholders; and (b) the agreement to issue an additional $3.33 million of shares of Common Stock on the 12-month anniversary of the Closing and an additional $3.33 million of shares of Common Stock on the 18-month anniversary of the Closing (such additional shares of Common Stock, the " Post-Closing Consideration Shares ").
More from the filing
Entry into a Material Definitive Agreement.
On January 30, 2026, SunPower Inc., a Delaware corporation (the " Company "), entered into a Share Purchase Agreement (the " Share Purchase Agreement ") with Cobalt Power Systems, Inc., a California corporation (" Cobalt "), and Cobalt's stockholders (the " Stockholders ").
The Company, Cobalt and the Stockholders completed the closing under the Share Purchase Agreement (the " Closing ") on February 2, 2026.
Quoted from SunPower Inc.'s Form 8-K.
Other acquisitions by SunPower Inc.
| Completed | Acquired | Price stated |
|---|---|---|
| 2025-11-21 | Ambia Energy, LLC | $9.4 million |
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.