# EDGAR Filing Document

**Accession Number:** 0001796898
**File Stem:** 0001796898-23-000023
**Filing Date:** 2023-3
**Character Count:** 4558
**Document Hash:** 877e268648ca1c5ddde57d1819112c47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001796898-23-000023.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001796898-23-000023

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230307

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Maxeon Solar Technologies, Ltd.
- **CENTRAL INDEX KEY:** 0001796898
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** U0
- **FISCAL YEAR END:** 1230

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39368
- **FILM NUMBER:** 23712545

**BUSINESS ADDRESS:**
- **STREET 1:** 8 MARINA BOULEVARD #05-02
- **STREET 2:** MARINA BAY FINANCIAL CENTRE
- **CITY:** MARINA BAY
- **STATE:** U0
- **ZIP:** 018981
- **BUSINESS PHONE:** 408.457.2302

**MAIL ADDRESS:**
- **STREET 1:** 8 MARINA BOULEVARD #05-02
- **STREET 2:** MARINA BAY FINANCIAL CENTRE
- **CITY:** MARINA BAY
- **STATE:** U0
- **ZIP:** 018981

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Maxeon Solar Technologies, Pte. Ltd.
- **DATE OF NAME CHANGE:** 20191213

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 6-K**

**Report of Foreign Private Issuer** 

**Pursuant to Rule 13a-16 or 15d-16**

**of the Securities Exchange Act of 1934** 

**Date of Report: March 2023** 

**Commission File Number: 001-39368**

**MAXEON SOLAR TECHNOLOGIES, LTD.**

**(Exact Name of registrant as specified in its charter)** 

**8 Marina Boulevard #05-02**

**Marina Bay Financial Centre**

**018981, Singapore**

 **(Address of principal executive office)** 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

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&nbsp;&nbsp;&nbsp;&nbsp;

**<u>Introductory Note</u>**

On March 7, 2023, Maxeon Americas, Inc., a subsidiary of Maxeon Solar Technologies, Ltd. ("Maxeon"or the "Company") and Solar Partners XI, LLC, a project company owned by Primergy Solar, LLC ("Primergy"), agreed to amend the Solar Module Supply Agreement (the "Gemini Supply Agreement") dated May 18, 2021 between Maxeon and Primergy to extend the delivery schedule to July 9, 2023 and amend certain technical terms and conditions under the Gemini Supply Agreement. Maxeon has agreed as part of the amendments to the Gemini Supply Agreement to provide Primergy with a certain amount of credit in recognition of costs incurred as a result of such changes to the Gemini Supply Agreement and to pay additional delay damages in the event that deliveries are delayed beyond July 8, 2023.

On March 7, 2023, Maxeon and Primergy Solar Development LLC, an affiliate of Primergy, also entered into a Product Reservation and Performance Agreement ("PRPA") whereby Primergy agreed to make performance payments to Maxeon for module deliveries made in accordance with supply agreement delivery obligations between Maxeon and Primergy and its affiliates and, in exchange for a reservation fee, Maxeon agreed to provide Primergy with an option right over three years (2025-2027) to purchase up to 1.5GW of modules on indexed pricing terms. Any modules purchased pursuant to the PRPA would be subject to a module supply agreement to be entered into between Primergy and Maxeon.

**<u>Incorporation by Reference</u>**

The information contained in this report is hereby incorporated by reference into the Company's registration statements on Form F-3 (File No. 333-265253), Form F-3 (File No. 333-268309), and Form S-8 (File No. 333-241709), each filed with the Securities and Exchange Commission.

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&nbsp;&nbsp;&nbsp;&nbsp;

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
| | MAXEON SOLAR TECHNOLOGIES, LTD.<br>(Registrant) | MAXEON SOLAR TECHNOLOGIES, LTD.<br>(Registrant) |
| March 7, 2023 | By: | /s/ Kai Strohbecke |
|  |  | Kai Strohbecke |
|  |  | Chief Financial Officer |

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