Complete Solaria Raises $10 Million in Convertible Debenture to Pay Off Carlyle Debt

Standard Rule 144A terms. The notes will be convertible at the option of the holder, into common stock of CSLR and will contain all general customary investor protections found within Rule 144A convertible securities. Cantor Fitzgerald & Co. served as Sole Financial Advisor to Complete Solaria and Cooley LLP acted as legal counsel to the Company in connection with the transaction, whose terms are summarized below: Soft calls: $3.00 July 2027;$2.60 July 2028. The Company may not redeem the notes prior to Ju ...