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    Complete Solaria Update  117  0 Kommentare Operational Progress & PE Debt - Seite 3

    Rodgers concluded, “So, Carlyle’s threat to “not go forward” created a compelling vision of freedom for me, worth every penny I would lose. But, I would choose not to undermine their efforts because that’s too expensive. I wish them well. I will even come back for one week to train one of the solar hot-shots they claim to have in their broad solar portfolio – and leave him or her with 1) 110 great employees eager to make money on their new stock options, 2) a bank account of one million dollars, and 3) a credible zero-cash plan. They will have no need to force chapter 11 on us. I will leave the keys under the mat. Unfortunately, the 15 Ayna consultants I have helping me – the very same group that helped me turn around Enphase – are working for equity, rather than their usual $20 million fee. That will be the first problem facing the new Carlyle team.”

    About Complete Solaria
    Complete Solaria is a solar company with unique technology and end-to-end customer offering, which includes financing, project fulfilment and customer service. Complete Solaria’s digital platform together with premium solar products enable one-stop service for clean energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.CompleteSolaria.com and follow us on LinkedIn.

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    Forward Looking Statements 
    This press release may contain certain forward-looking statements within the meaning of the federal securities laws with respect to the referenced transactions. These forward-looking statements generally are identified by the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions, but the absence of these words does not mean that a statement is not a forward-looking statement. Forward-looking statements are forecasts, predictions, projections and other statements about future events that are based on current expectations, hopes, beliefs, intentions, strategies and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) risks that the sale of certain assets and other business items will not be completed on the terms set forth in the Asset Purchase Agreement or the ancillary agreements referenced in the Asset Purchase Agreement, if at all; (ii) the sale of assets disrupts current plans and operations of the companies or diverts managements’ attention from Complete Solaria’s business operations; (iii) the outcome of any legal proceedings that may be instituted in connection with the assets sale; (iv) the price of Complete Solaria’s securities may be volatile due to a variety of factors, including changes in the applicable competitive or regulatory landscapes, variations in operating performance across competitors, changes in laws and regulations affecting Complete Solaria’s business, and changes in the combined capital structure; (v) the ability to implement business plans, forecasts, and other expectations after the completion of the business combination, and identify and realize additional opportunities; (vi) the evolution of the markets in which Complete Solaria will compete.

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    Complete Solaria Update Operational Progress & PE Debt - Seite 3 FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) - Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR) today reported on its current financial status, which includes progress on its cash burn rate, and the status of its …