globenewswire.com · Nov 24, 2025
SunPower Reports Inducement Grants in Connection with Ambia Acquisition
OREM, Utah, Nov. 24, 2025 (GLOBE NEWSWIRE) -- SunPower Inc. (“SunPower” or the “Company”) (Nasdaq: SPWR) a solar technology, services, and installation company, today announced that on November 21, 2025 it made inducement grants to two key employees of Ambia Energy as a material inducement to employment with SunPower following its acquisition of Ambia Energy. The inducement grants consist of time-based restricted stock units (“RSUs”) for a total of 2.0 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with such vesting subject to the RSU recipient's continuous service through each vesting date.
