WOLFSPEED, INC. 8-K

What Happened
Wolfspeed, Inc. (WOLF) filed a Form 8‑K on March 9, 2026 disclosing unaudited pro forma consolidated financial information that reflects (i) the company’s prepackaged plan of reorganization that became effective on September 29, 2025, (ii) the adoption of fresh‑start accounting on the Effective Date in accordance with ASC 852, and (iii) receipt of the Plan’s Regulatory Approvals on January 29, 2026. The pro forma information (attached as Exhibit 99.1) includes unaudited pro forma consolidated statements of operations for the year ended June 29, 2025 and for the six months ended December 28, 2025.

Key Details

• Plan of reorganization became effective September 29, 2025.
• Company adopted fresh‑start accounting on the Effective Date under ASC 852.
• Regulatory Approvals required by the Plan were received on January 29, 2026.
• Unaudited pro forma consolidated statements of operations for FY ended June 29, 2025 and the six months ended December 28, 2025 are included as Exhibit 99.1 (for informational purposes).

Why It Matters
Fresh‑start accounting resets the company’s reporting basis as of the Effective Date, which can materially change reported assets, liabilities and equity and affect comparability of past and future earnings, revenue and quarterly results. The unaudited pro forma information gives investors a view of operations reflecting the reorganization and regulatory approvals, but it is not audited GAAP financial statements—investors should review the attached pro forma exhibit and prior SEC filings for full context.