FREMONT, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today announced that a significant Complete Solaria private equity debt holder, Carlyle, has agreed to release the Company from its debt obligations in return for a third-party cash payment. T.J. Rodgers, Complete Solaria's Chief Executive Officer said, "The Carlyle debt, which has prevented the Company from raising money in the market, will be replaced with $10 million in debt from a ...

Complete Solaria, Inc. (NASDAQ:CSLR) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Brian Wuebbels - Chief Operating Officer T.J. Rodgers - Chief Executive Officer Siddarth Madhav - President & Chief Strategy Officer, Ayna.AI Mike Bego - President, Kline Hill Will Anderson - Founder Conference Call Participants Brian Wuebbels Good afternoon and welcome to the Complete Solaria's Earnings Call. My name is Brian Wuebbels, and I am the Chief Operating Officer for Complete Solaria. ...

FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today announced that Kline Hill Partners (KHP), a Complete Solaria debt holder, has agreed to a debt-for-equity swap, and an additional cash investment. Complete Solaria will issue 9.8 million shares (19.9%) of outstanding stock to KHP in return for cancelling its debt. Mike Bego, KHP CEO, said, "We have re-invested the principal and interest on our loan back into Complete Solaria's s ...

FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today published its Q1'24 results, to be presented via webcast today, May 2, 2024 at 5:00 p.m. EDT. Interested parties may access the webcast by registering here, or by visiting: https://investors.completesolaria.com/news-events/events. Q1'24 and Q2'24 forecast summary (based on non-GAAP results unless noted): Q1'24 revenue was $10.0 million, half of Q4'23, despite our $17.8 million b ...

FREMONT, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR), a leading solar technology, services, and installation company, today announced the Company will release its financial and operational results, for the fourth quarter of 2023 and first quarter of 2024, after market close on Thursday, May 2. Issuance of the earnings press release will be followed by a webcast conference call at 5:00 PM ET, hosted by T.J. Rodgers and the Complete Sol ...

FREMONT, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today announced that T.J. Rodgers will become the company's Chief Executive Officer (CEO). Rodgers said, "First, I would like to thank Chris Lundell, our current CEO, who came in at the board's request to stabilize the company during a stressful period of rapid headcount reduction. Chris will remain on the Company's board. Moving forward, I believe in the Company's mission and I wil ...

FREMONT, Calif., April 29, 2024 (GLOBE NEWSWIRE) --  Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today announced that T.J. Rodgers will become the company's Chief Executive Officer (CEO). Rodgers said, "First, I would like to thank Chris Lundell, our current CEO, who came in at the board's request to stabilize the company during a stressful period of rapid headcount reduction. Chris will remain on the Company's board. Moving forward, I believe in the Company's mission and I wi ...

FREMONT, Calif., April 21, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today released an updated version of its internal memo detailing the short attack on Complete Solaria last Monday, April 15, with new information on last Friday's 16.6 million share buying spree by retail investors. A link to the memo issued today can be found here. Complete Solaria Chairman T.J. Rodgers said, "As an indication of my belief in the company last week, I converted $5 m ...

FREMONT, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today released an internal document which describes what appears to be a short attack on its stock on the trading day after it launched and announced its first major employee stock option program. The attack is described in detail in the memo to employees, which can be viewed via the link here. Complete Solaria chairman, T.J. Rodgers said, "The reason I released this internal docume ...

FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today reported on its current financial status, which includes progress on its cash burn rate, and the status of its debt with private equity firms Kline-Hill Partners and Carlyle, which together hold about $70 million in debt owed on about $35 million of principal, split roughly equally between the two (see our 10K for exact numbers). First, we report on our progress in turning Com ...