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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (26062)9/30/2025 10:45:10 AM
From: Elroy1 Recommendation

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Perplexity says.....

Q: semiconductor company Wolfspeed recently emerged from bankruptcy. How many shares does WOLF have outstanding today?

A: Wolfspeed (ticker WOLF), the semiconductor company that recently emerged from Chapter 11 bankruptcy, currently has approximately 1.3 million new shares outstanding. This is after the bankruptcy reorganization plan canceled all previously issued and outstanding shares, issuing new shares at an exchange ratio significantly dilutive to old shareholders. There is a possibility of additional contingent shares that could bring the total to about 2.18 million shares if certain regulatory milestones are met.

Before bankruptcy, Wolfspeed had over 155 million shares outstanding, but this was completely reset by the bankruptcy restructuring in late September 2025. The new outstanding share count reflects the restructured company equity distribution primarily to creditors and backstop investors, with legacy shareholders receiving only a small fraction of new shares.