Renesas Electronics America Inc. Ownership and Derivative Holdings in Wolfspeed, Inc.
Renesas Electronics America Inc. (REA) and Renesas Electronics Corporation have reported their ownership and derivative holdings in Wolfspeed, Inc. (WOLF) as of September 29, 2025. REA holds 16,852,372 shares of Common Stock, which are reserved for REA pursuant to Wolfspeed's Joint Prepackaged Chapter 11 Plan of Reorganization. REA may direct Wolfspeed to sell these shares and remit the proceeds to REA, pending regulatory approvals. Additionally, REA holds Convertible Second Lien Senior Secured Notes due 2031, which are convertible into 11,096,247 shares of Common Stock at an initial conversion price of approximately $18.35 per share. REA also holds a Warrant exercisable for 4,943,555 shares of Common Stock at an exercise price of $23.95, with the expiration date extendable to September 29, 2029. Both the conversion of the Notes and the exercise of the Warrant are subject to regulatory approvals. Renesas Electronics Corporation, as the sole shareholder of REA, may be deemed to have dispositive power over these securities.