{"filing":{"accession_number":"0001193125-26-286776","cik":"0001796898","ticker":"MAXNQ","company_name":"Maxeon Solar Technologies, Ltd.","form":"6-K","filing_date":"2026-06-29","report_date":null,"primary_document":"maxn_6-k_june_29_2026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1796898/000119312526286776/maxn_6-k_june_29_2026.htm"},"events":[{"id":14415,"run_id":12836,"accession_number":"0001193125-26-286776","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"The filing discloses delivery of Letters of Demand on June 18, 2026, stating that the Company's judicial management orders constitute Events of Default under three indentures governing approximately $1.5B+ in convertible notes (Variable-Rate, 9.00%, and Adjustable-Rate). The filing explicitly states that \"due to the occurrence of these Events of Defaults, an automatic acceleration of the principal amount of, and all accrued and unpaid interest on, all 1st Lien Notes and 2nd Lien Notes has occurred,\" triggering immediate demands for full payment. This is a material covenant breach and acceleration event that directly threatens the Company's financial obligations and solvency, particularly given the Company is already under judicial management.","company_name":"Maxeon Solar Technologies, Ltd.","ticker":"MAXNQ","filing_date":"2026-06-29","form":"6-K","submitted_at":null,"items":null}],"classifications":[{"id":11840,"accession_number":"0001193125-26-286776","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses delivery of Letters of Demand on June 18, 2026, stating that the Company's judicial management orders constitute Events of Default under three indentures governing approximately $1.5B+ in convertible notes (Variable-Rate, 9.00%, and Adjustable-Rate). The filing explicitly states that \"due to the occurrence of these Events of Defaults, an automatic acceleration of the principal amount of, and all accrued and unpaid interest on, all 1st Lien Notes and 2nd Lien Notes has occurred,\" triggering immediate demands for full payment. This is a material covenant breach and acceleration event that directly threatens the Company's financial obligations and solvency, particularly given the Company is already under judicial management.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-29T10:30:36.834470+00:00","company_name":"Maxeon Solar Technologies, Ltd.","ticker":"MAXNQ","filing_date":"2026-06-29"}]}
