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Wolfspeed has filed for Chapter 11 Bankruptcy as part of its restructuring agreement with key lenders.
The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday in Texas court, officially ...
Shares of Wolfspeed climbed after the company filed a prepackaged Chapter 11 bankruptcy to restructure its debt. The stock rose 90% to 76 cents in after-hours trading following the filing on Monday.
Under the plan, Wolfspeed expects to emerge from bankruptcy by the end of the third quarter, subject to court approval and creditor support. Creditors representing a majority of i ...
Wolfspeed filed for Chapter 11 bankruptcy Monday, June 30, a step in a previously-announced restructuring plan to reduce the ...
Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring ...
Wolfspeed files for Chapter 11 bankruptcy to seek debt solution. What this means for workers at Durham, North Carolina semiconductor chipmaker.
Wolfspeed Bankruptcy: Wolfspeed has filed for Chapter 11 bankruptcy protection as it seeks to reduce its $4.6 billion debt, while its shares have surged 64.5% in response to the news.
Investing.com -- Wolfspeed Inc (NYSE: WOLF) stock surged 150% after the silicon carbide technology company filed for Chapter 11 bankruptcy protection as part of a prepackaged restructuring plan to ...
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