As filed with the Securities and Exchange Commission on September 17, 2025
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
MAXEON SOLAR TECHNOLOGIES, LTD.
(Exact name of registrant as specified in its charter)
Singapore |
|
N/A |
(State or other jurisdiction of incorporation or organization) |
|
(I.R.S. Employer Identification No.) |
38 Beach Road #23-11
South Beach Tower
Singapore 189767
(Address of registrant’s principal executive offices, including zip code)
Amended and Restated 2020 Omnibus Incentive Plan
(Full title of the Plan)
Corporation Service Company
1180 Avenue of the Americas, Suite 210
New York, New York 11036-8401
(800) 927-9800
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copy to:
Era Anagnosti
DLA Piper LLP (US)
500 8th Street, N.W.
Washington, DC 20004
(202) 799-4000
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer |
|
☐ |
|
Accelerated filer |
|
☒ |
|
|
|
|
|||
Non-accelerated filer |
|
☐ |
|
Smaller reporting company |
|
☐ |
|
|
|
|
|||
|
|
|
|
Emerging growth company |
|
☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
EXPLANATORY NOTE
Maxeon Solar Technologies, Ltd. (the “Registrant”) is filing this Registration Statement on Form S-8 with the Securities and Exchange Commission (the “Commission”) to register an additional 1,484,079 shares of the Registrant’s ordinary shares, no par value (“Ordinary Shares”), issuable under the Registrant’s Amended and Restated 2020 Omnibus Incentive Plan (the “Plan”). On September 17, 2025, the Registrant’s Board of Directors approved an amendment and restatement of the Plan to increase the total number of Ordinary Shares available for issuance thereunder. The Plan, as amended and restated, has been filed as an exhibit to this Registration Statement.
Pursuant to General Instruction E of Form S-8, this Registration Statement hereby incorporates by reference the contents of the Registrant’s previous Registration Statements on Form S-8 filed with the Commission on August 6, 2020 (File No. 333-241709) and February 29, 2024 (File No. 333-277501), each as post-effectively amended on October 9, 2024 to reflect the impact of a 100:1 reverse share split, and on November 13, 2024 (File No. 333-283187) to the extent not modified or superseded hereby or by any subsequently filed document, which is incorporated by reference herein or therein.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE
The following documents are incorporated in this Registration Statement by reference:
(1) |
|
(2) |
The Registrant’s Reports of Foreign Private Issuer on Form 6-K furnished to the Commission on January 6, 2025, January 21, 2025, January 27, 2025, January 27, 2025, February 18, 2025, February 18, 2025, March 3, 2025, March 28, 2025, March 31, 2025, April 4, 2025, April 30, 2025, June 6, 2025, June 20, 2025, July 11, 2025, August 7, 2025, August 7, 2025, August 14, 2025, August 14, 2025 and September 4, 2025
|
(3) |
In addition to the foregoing, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and all reports on Form 6-K subsequently furnished by the Registrant which state that they are incorporated by reference herein, prior to the filing of a post-effective amendment which indicates that all securities offered hereunder have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from the date of filing or furnishing of such documents and reports. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement herein, or in any subsequently filed document which also is or is deemed to be incorporated by reference, modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
ITEM 8. EXHIBITS
Exhibit No. |
|
Description of Exhibit |
|
|
|
4.1 |
|
|
|
|
|
4.2* |
|
|
|
|
|
5.1* |
|
|
|
|
|
23.1* |
|
Consent of Ernst & Young LLP, independent registered public accounting firm. |
|
|
|
23.2* |
|
|
|
|
|
24.1* |
|
Power of Attorney (contained on signature page hereto). |
|
|
|
107* |
|
*Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Singapore, on the 17 of September, 2025.
MAXEON SOLAR TECHNOLOGIES, LTD. |
||
|
|
|
By: |
/s/ Dmitri Hu |
|
Name: |
Dmitri Hu |
|
Title: |
Chief Financial Officer |
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints George Guo, Dmitri Hu and Frank Jeng, and each of them individually, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto such said attorney-in-fact and agent full power and authority to do and perform each and every act in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or either of them or their or his or her substitute or substitutes may lawfully do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons on the date set forth, and in the capacities indicated, below.
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons on the date set forth, and in the capacities indicated, below.
Name |
Position |
Date |
/s/ George Guo |
Chief Executive Officer and Director (Principal Executive Officer) |
September 17, 2025 |
George Guo |
|
|
/s/ Dmitri Hu |
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
September 17, 2025 |
Dmitri Hu |
|
|
|
|
|
/s/ Donald Colvin |
Director |
September 17, 2025 |
Donald Colvin
|
|
|
/s/ Steve Leonard |
Director |
September 17, 2025 |
Steve Leonard
|
|
|
/s/ Tong Kooi Te |
Director |
September 17, 2025 |
Tong Kooi Te
|
|
|
/s/ Wang Cheng |
Director |
September 17, 2025 |
Wang Cheng
|
|
|
/s/ Wang Yanjun |
Director |
September 17, 2025 |
Wang Yanjun
|
|
|
/s/ Zhang Changxu |
Director |
September 17, 2025 |
Zhang Changxu
|
|
|
/s/ Xu Luo Luo |
Director |
September 17, 2025 |
Xu Luo Luo
|
|
|
/s/ Sean Wang |
Director |
September 17, 2025 |
Sean Wang |
|
|