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Wolfspeed filed for Chapter 11 bankruptcy Monday, June 30, a step in a previously-announced restructuring plan to reduce the ...
The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday in Texas court, officially ...
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 ...
The semiconductor component maker said it expected to emerge from Chapter 11 protection by the end of the third quarter.
Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring Wolfspeed, ...
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.
WKTV -- As expected, Wolfspeed announced it has filed Chapter 11 bankruptcy. By filing, the company is looking to cut its debt by almost 70 percent which is approximately $4.6 billion. The company, ...
Wolfspeed plans to file for Chapter 11 bankruptcy under a reorganization plan to cut $4.6 billion in debt and shift company ...
Wolfspeed has announced that it will be filing for Chapter 11 bankruptcy in the near future as part of a restructuring ...