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OREM, Utah, June 02, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. ('SunPower,” the 'Company,” or Nasdaq: 'SPWR”), a solar technology, services, and installation company, today announced its intent to negotiate with certain holders of its 12% Convertible Senior Notes due 2029 and 7% Convertible Senior Notes due 2029 (collectively, the 'Notes”) an offer to accept common stock of equal value with bonus shares in lieu of cash interest for the cash interest otherwise payable on July 1, 2026 and January 1, 2027.