Summary by Moomoo AI
SunPower Corporation has filed a Notification of Late Filing with the U.S. Securities and Exchange Commission (SEC), indicating that it will delay the submission of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company has cited the extensive time and effort required to complete restatements of financial statements for previous periods as the reason for the delay. Despite the need for additional time to finalize the financial statements and review process for the fiscal year 2023, SunPower has communicated its intention to file the report as soon as practicable and no later than the fifteenth calendar day following the original due date. The company has already disclosed unaudited results for the fourth quarter and full year in a press release on February 15, 2024. SunPower also anticipates a significant change in results of operations from the last fiscal year, which will be detailed in the forthcoming Form 10-K.
