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Maxeon Solar Technologies (MAXN) clarifies no disputes in EY auditor change

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K/A

Rhea-AI Filing Summary

Maxeon Solar Technologies filed an amended Form 6-K to update its earlier notice about changing its independent auditor. The company confirms that for the years ended December 31, 2024 and 2023, and through the August 29, 2025 termination date, it had no disagreements with Ernst & Young LLP on accounting principles, financial statement disclosure, or audit scope and procedures that would have required mention in EY’s audit reports. Maxeon also notes that EY has been asked to provide a letter to the SEC agreeing or disagreeing with these statements, which is attached as Exhibit 16.1, and the disclosure is incorporated by reference into several existing registration statements.

Positive

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Negative

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 6-K/A
(Amendment No.1)
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

Date of Report: August 2025

Commission File Number: 001-39368


MAXEON SOLAR TECHNOLOGIES, LTD.
(Exact Name of registrant as specified in its charter)

38 Beach Road #23-11
South Beach Tower
Singapore 189767
(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 ☐







Change in Certifying Accountant

On August 7, 2025, Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (“Maxeon” or the “Company”) furnished a Report of Foreign Private Issuer on Form 6-K (the “Original 6-K”) with the Securities and Exchange Commission (“SEC”) disclosing the decision by the Audit Committee of the Company’s Board of Directors to terminate Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm, effective as of August 29, 2025 (“Termination Date”).

The Company is furnishing this amendment to the Original 6-K to disclose that during the years ended December 31, 2024 and 2023 and through the Termination Date, there was no disagreement between Maxeon and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of EY, would have caused it to make reference to the subject matter of such disagreement in connection with its audit reports on Maxeon’s financial statements.

The Company has provided EY with a copy of the Original 6-K and this amendment and requested that EY furnish a letter addressed to the SEC stating whether or not it agrees with the Company’s statements. A copy of EY’s letter is filed hereto as Exhibit 16.1 to this Form 6-K/A.


Incorporation by Reference

The information contained in this report is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-268309), Form S-8 (File No. 333-241709), Form S-8 (File No. 333-277501), and Form S-8 (File No. 333-283187), each filed with the Securities and Exchange Commission.

EXHIBIT

Exhibit  Title
16.1
  
Letter from Ernst & Young LLP to the Securities and Exchange Commission, dated August 13, 2025




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)
August 14, 2025By:/s/ Dmitri Hu
Dmitri Hu
Chief Financial Officer











FAQ

What does Maxeon Solar Technologies (MAXN) disclose in this Form 6-K/A?

Maxeon Solar Technologies updates a prior filing about its auditor change. It clarifies that there were no reportable disagreements with Ernst & Young LLP on accounting, disclosure, or audit scope for 2023, 2024, or through the August 29, 2025 termination date.

Were there any disagreements between Maxeon (MAXN) and Ernst & Young before the termination?

The company states there were no disagreements with Ernst & Young LLP on accounting principles, financial statement disclosure, or auditing scope or procedures for 2023, 2024, or through August 29, 2025 that would have required reference in EY’s audit reports.

What is the effective termination date of Ernst & Young as Maxeon’s auditor?

Ernst & Young LLP’s termination as Maxeon’s independent registered public accounting firm is effective August 29, 2025. This date was previously disclosed, and the amendment focuses on clarifying the absence of disagreements during the period leading up to this termination.

What is Exhibit 16.1 in Maxeon Solar Technologies’ Form 6-K/A?

Exhibit 16.1 is a letter from Ernst & Young LLP to the U.S. Securities and Exchange Commission. The letter responds to Maxeon’s statements about the auditor change and the absence of disagreements, and is dated August 13, 2025.

How does this Form 6-K/A affect Maxeon’s existing registration statements?

The information in this Form 6-K/A is incorporated by reference into Maxeon’s registration statements on Form F-3 and multiple Form S-8 filings. This means the clarified auditor-change disclosure is legally included in those registration documents for investors.

Why did Maxeon Solar Technologies amend its original Form 6-K?

Maxeon amended the original Form 6-K to add specific language stating there were no disagreements with Ernst & Young LLP on key accounting and auditing matters. This additional disclosure supplements the previously reported decision to terminate EY as its independent auditor.
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