Document

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
Date of Report: March 2023
Commission File Number: 001-39368
 
 
MAXEON SOLAR TECHNOLOGIES, LTD.
(Exact Name of registrant as specified in its charter)
 

8 Marina Boulevard #05-02
Marina Bay Financial Centre
018981, Singapore
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F  ☒            Form 40-F  ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
 



    


Maxeon Solar Technologies, Ltd. (the “Company”) is aware that the Federal Deposit Insurance Corp. (“FDIC”) has taken control of Silicon Valley Bank (“Silicon Valley Bank”) and on March 12, 2023, a joint statement from the United States Treasury Department, Federal Reservce and FDIC was made with respect to depositors in Silicon Valley Bank, amongst other banks, and certain other matters. The Company does not hold any deposits or securities, or maintain any accounts or have any other direct investments, with Silicon Valley Bank.




    
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
  
MAXEON SOLAR TECHNOLOGIES, LTD.
(Registrant)
March 13, 2023
  By: /s/ Kai Strohbecke
   Kai Strohbecke
   Chief Financial Officer