SPWR Increases Equity Line Of Credit (ELOC) to $55 Million

Core Insights - SunPower Inc. has increased its Equity Line Of Credit (ELOC) commitment with White Lion Capital LLC from $30 million to $55 million, marking a significant step in its cash security plan [1][3] Financial Strategy - The ELOC allows SunPower to draw down funds at its discretion, minimizing shareholder dilution compared to standard equity offerings [2] - The increase in the ELOC is aimed at ensuring a minimum cash balance of at least $10 million each quarter, supporting the company's operational needs without excessive fundraising [3] Performance Expectations - SunPower's CEO, T.J. Rodgers, indicated that the company achieved record revenue and operating income in Q4'25, resulting in positive cash flow, which reduced the immediate need for the ELOC [3] - The Q4'25 results will be reported on January 20, 2026, providing further insights into the company's financial health [4] Company Overview - SunPower Inc. is a leading provider of residential solar services in North America, focusing on energy-efficient solutions for customers [5]