Maxeon Solar falls after filing for judicial management in Singapore

Maxeon Solar Technologies

01/04/2026 13:17

** Shares of Maxeon Solar Technologies MAXN.O fall 2.7% to $1.57 premarket

** Company applies to be placed under judicial management in Singapore

** The solar module maker and its unit Maxeon Solar Pte Ltd have filed applications with a Singapore court to begin a restructuring process

** MAXN has been restructuring since late fiscal 2024, selling subsidiaries and its non-U.S. business to ease liquidity pressures

** Up to last close, MAXN down 45.1% YTD

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com))