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Complete Solaria, Inc. (NASDAQ:SPWR), currently trading at $1.52 with a market capitalization of $120 million, held its 2025 Annual Meeting of Stockholders on May 29, 2025, as disclosed in a recent SEC filing. The company reported the election of directors and the approval of several proposals. According to InvestingPro data, the stock has experienced significant volatility, declining 30% over the past six months.
The stockholders elected Thurman J. Rodgers, Antonio R. Alvarez, William J. Anderson, Adam Gishen, Jamie Haenggi, Chris Lundell, Lothar Maier, J. Daniel McCranie, Ronald Pasek, Tidjane Thiam, and Devin Whatley to serve as directors until the 2026 annual meeting. Each nominee received a majority of votes in favor, with votes withheld ranging from 38,991 to 1,729,262.
In addition to the election of directors, stockholders ratified the selection of BDO USA, P.C. as Complete Solaria’s independent registered public accounting firm for the fiscal year ending December 28, 2025. The proposal received 48,912,761 votes in favor, 135,265 against, and 45,459 abstentions.
Furthermore, the stockholders approved an amendment to the company’s 2023 Equity Incentive Plan, which reserves an additional 21,555,584 shares for issuance. This proposal garnered 35,995,717 votes in favor, 1,451,587 against, and 25,303 abstentions.
Complete Solaria operates in the construction special trade contractors industry and is incorporated in Delaware. The company trades on the Nasdaq Global Market under the symbol SPWR, while its warrants are listed on the Nasdaq Capital Market under the symbol SPWRW.
This information is based on a press release statement filed with the U.S. Securities and Exchange Commission.
In other recent news, SunPower (OTC:SPWRQ) Corporation successfully passed all 12 shareholder proposals during its Annual Meeting, including the re-election of its Board members and the approval of an employee stock plan, which received a 96% vote. This plan extends stock options to approximately 1,000 employees from a recent acquisition, significantly boosting the company’s workforce and revenue. SunPower also addressed the potential impact of the Investment Tax Credit phase-out, with CEO T.J. Rodgers reassuring investors that the company does not anticipate immediate ITC-related issues affecting profitability. Meanwhile, Complete Solaria, Inc. has released forward-looking statements, outlining financial projections and operational goals for 2025 and 2026, while cautioning investors about potential risks. Additionally, SunPower has regained Nasdaq compliance by filing its overdue Annual Report, ensuring continued adherence to listing requirements. The company also announced a rebranding initiative, changing its ticker symbols to SPWR and SPWRW, and introduced a new logo inspired by NASA’s Helios solar-powered airplane. Complete Solaria disclosed a strategic vision update in a recent SEC filing, aiming to provide stakeholders with insights into the company’s future direction.
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