Streetbeat News

CSLR

Complete Solaria, Inc.

https://www.completesolaria.com

Industry

Solar

Complete Solaria, Inc. provides solar technology, services, and installation services. It offers solar panel designing and installation services, as well as develops a solar digital platform for homeowners and installers. The company also provide financing for solar panels. Complete Solaria, Inc. was founded in 2000 and is based in Fremont, California.

Open

1.56

Mkt cap

110M

Volume

291K

High

1.59

P/E Ratio

-1.24

52-wk high

3.37

Low

1.49

Div yield

N/A

52-wk low

0.20

Complete Solaria shares rose after winning a bid in the SunPower Chapter 11 proceedings.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:12 pm

Complete Solaria has won a bid in the Chapter 11 proceedings of SunPower, which is undergoing bankruptcy. This development could impact the involved companies' stock prices and market positions.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:29 pm

Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Complete Solaria (NASDAQ:CSLR) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:49 pm

SunPower is seeking to have Complete Solar designated as the stalking horse in its Chapter 11 bankruptcy APA with a $45 million bid for certain assets. Complete Solar (NASDAQ:CSLR) published its Q2'24 results, showing low revenue due to lack of working capital, but raised $46 million in July 2024 to stabilize operations. The hearing for the stalking horse motion is scheduled for August 29, with a likely sale closing by the end of September 2024.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:37 pm

SunPower Corporation (NASDAQ:SPWR) shares are trading lower after the company received a Nasdaq delisting notification due to non-compliance with listing rules and filing for Chapter 11 bankruptcy. Trading on Nasdaq will be suspended on Aug. 16, 2024, and the stock will move to the Pink Open Market. SunPower has also entered an asset purchase agreement with Complete Solaria, Inc. (NASDAQ:CSLR).

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 3:19 pm

SunPower Corporation (NASDAQ:SPWR) has filed for Chapter 11 bankruptcy and is seeking a buyer for key assets. Complete Solaria, Inc. (NASDAQ:CSLR) will acquire SunPower’s Blue Raven Solar business, New Homes business, and non-installing Dealer network for $45 million, pending Court approval. SunPower plans to liquidate remaining assets and wind down operations.

Portfolio Pulse from Lekha Gupta

August 06, 2024 | 3:52 pm

Complete Solaria shares are trading higher after the company announced that it received a 'Stalking Horse' position in the SunPower Chapter 11 bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:07 pm

Complete Solaria received a 'stalking horse' position in the SunPower Chapter 11 bankruptcy, indicating a potential acquisition opportunity. Trump Media & Technology Group (NASDAQ:DJT) launched linear TV streaming on Android devices via the Truth Social app, enhancing user experience with a new content delivery network.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:34 pm

SunPower announces a $45M asset sale to complete Solaria and files for Chapter 11 bankruptcy to maximize asset value. The company will continue to operate Blue Raven Solar and New Homes during the Chapter 11 process and seeks value-maximizing sale transactions for remaining assets.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:37 am

Complete Solar has raised $10 million from a Chinese energy company, which could provide a significant boost to its operations and market presence.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:54 pm

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