STOCK TITAN

Key executives depart Maxeon Solar Technologies (MAXNQ) under judicial management

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Maxeon Solar Technologies, Ltd. (under judicial management) discloses multiple senior management resignations while the company remains under court-appointed oversight in Singapore. The company and key subsidiary Maxeon Solar Pte. Ltd. continue under judicial management by order of the High Court of Singapore, with powers described under Singapore’s Insolvency, Restructuring and Dissolution Act 2018.

Tiffany See ceased serving as Chief Human Resources Officer and resigned as a director of Maxeon Solar Pte. Ltd. on June 19, 2026, and from certain other subsidiaries on June 29, 2026. Frank Jeng resigned as interim Chief Legal Officer effective July 31, 2026. Chief Financial Officer Dmitri Hu resigned on July 16, 2026 and from directorships in certain subsidiaries, including Maxeon Solar Pte. Ltd., effective August 14, 2026. The information is incorporated by reference into existing Form F-3 and multiple Form S-8 registration statements.

Positive

  • None.

Negative

  • Multiple senior executive departures during judicial management: The Chief Human Resources Officer, interim Chief Legal Officer, and Chief Financial Officer, along with related subsidiary directorships, are all resigning within a short period while the group is under judicial management in Singapore.

Filing Explained

As of the August 5, 2026 report, Frank Jeng’s resignation as interim Chief Legal Officer was effective, while Dmitri Hu’s resignation as Chief Financial Officer remained scheduled to take effect on August 14, 2026, leaving the disclosed management departures at different completion stages.

End of role as Chief Human Resources Officer June 19, 2026 Date from which Tiffany See was no longer CHRO and resigned from Maxeon Solar Pte. Ltd.
Additional subsidiary resignations by CHRO June 29, 2026 Effective date of Tiffany See’s resignations from certain other subsidiaries
Effective resignation date of interim Chief Legal Officer July 31, 2026 Effective date of Frank Jeng’s resignation as Chief Legal Officer (interim)
CFO resignation announcement date July 16, 2026 Date on which Dmitri Hu resigned as Chief Financial Officer
Effective resignation date of CFO from roles August 14, 2026 Effective date of Dmitri Hu’s resignation as CFO and from certain subsidiary directorships
Reference 6-K filing date describing judicial manager powers April 10, 2026 Date of earlier Form 6-K detailing powers under the IRDA
judicial management regulatory
"were placed under judicial management by the General Division of the High Court"
Insolvency, Restructuring and Dissolution Act 2018 regulatory
"describes the powers and entitlements of judicial managers conferred by Singapore's Insolvency, Restructuring and Dissolution Act 2018"
First Schedule of the IRDA regulatory
"including the First Schedule of the IRDA in the context of the prior interim judicial management"
registration statements on Form S-8 regulatory
"hereby incorporated by reference into the Company’s registration statements on Form S-8"
registration statement on Form F-3 regulatory
"hereby incorporated by reference into the Company’s registration statements on Form F-3"
A registration statement on Form F-3 is a streamlined filing used by eligible foreign companies to register securities for sale in the U.S., often as a “shelf” that lets them offer shares quickly when market conditions are right. For investors it matters because it signals that the company can raise capital on short notice—potentially increasing liquidity but also the risk of share dilution if new stock is issued—similar to a company keeping a pre-approved credit line ready to use.

FAQ

What executive changes did Maxeon Solar Technologies (MAXNQ) report in this 6-K?

Maxeon reported resignations of its Chief Human Resources Officer, interim Chief Legal Officer, and Chief Financial Officer, along with related subsidiary directorships, with effective dates ranging from June 19 to August 14, 2026.

When did the Chief Financial Officer of Maxeon Solar Technologies (MAXNQ) resign?

Maxeon’s Chief Financial Officer, Dmitri Hu, resigned on July 16, 2026, with effectiveness on August 14, 2026, and also resigned as a director of certain subsidiaries, including Maxeon Solar Pte. Ltd..

What change was disclosed about Maxeon Solar Technologies (MAXNQ) Chief Human Resources Officer?

From June 19, 2026, Tiffany See was no longer Chief Human Resources Officer and resigned as a director of Maxeon Solar Pte. Ltd., and from June 29, 2026 she resigned from directorships in certain other subsidiaries.

Is Maxeon Solar Technologies (MAXNQ) currently under judicial management?

Yes. Maxeon Solar Technologies and subsidiary Maxeon Solar Pte. Ltd. remain under judicial management ordered by the High Court of Singapore, with powers outlined under the Insolvency, Restructuring and Dissolution Act 2018.

How does this Maxeon Solar Technologies (MAXNQ) 6-K affect existing registration statements?

The information is incorporated by reference into Maxeon’s registration statements on Form F-3 and several Form S-8 filings, meaning those registrations now include these management and judicial management disclosures.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

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-16b n

of the Securities Exchange Act of 1934

 

Date of Report: August 2026

 

Commission File Number: 001-39368

 

 

MAXEON SOLAR TECHNOLOGIES, LTD.

(UNDER JUDICIAL MANAGEMENT)

(Exact Name of registrant as specified in its charter)

 

 

6 Shenton Way, #33-00,

Oue Downtown

Singapore 068809

(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):

 

 

 

 


 

Management Resignations

 

Singapore – August 5, 2026: As announced previously, Maxeon Solar Technologies, Ltd. (Under Judicial Management) (“Maxeon” or the “Company”) and its subsidiary, Maxeon Solar Pte. Ltd. (Under Judicial Management) (“MSPL”), were placed under judicial management by the General Division of the High Court of the Republic of Singapore (the “Court”). For more information on the powers of the Judicial Managers, refer to the Form 6-K submitted by the Company to the Securities and Exchange Commission (the “SEC”) on April 10, 2026 which describes the powers and entitlements of judicial managers conferred by Singapore's Insolvency, Restructuring and Dissolution Act 2018 ("IRDA") (including the First Schedule of the IRDA) in the context of the prior interim judicial management but which apply to the judicial management of the Companies as well.

 

From June 19, 2026, Tiffany See was no longer Chief Human Resources Officer of the Company and resigned as a director of MSPL with effect from June 19, 2026. She also resigned as director of certain other subsidiaries of the Company for which she had been a director, with effect from June 29, 2026. On July 17, 2026, Frank Jeng resigned as Chief Legal Officer (interim) of the Company, effective July 31, 2026. On July 16, 2026, Dmitri Hu resigned as Chief Financial Officer of the Company and on July 17, 2026, he resigned as a director of certain other subsidiaries of the Company for which he had been a director, including MSPL, in each case, effective August 14, 2026.

 

 

Incorporation by Reference

 

The information contained in this report on Form 6-K, including the exhibit hereto, is hereby incorporated by reference into the Company’s registration statements on (i) Form F-3 (File No. 333-268309), (ii) Form S-8, as amended (File No. 333-241709), (iii) Form S-8, as amended (File No. 333-277501), (iv) Form S-8 (File No. 333-283187), and (v) Form S-8 (File No. 333-290336), each filed with the Securities and Exchange Commission (the “SEC”).

 

 


 

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 5, 2026

By:

/s/ Tan Wei Cheong

 

 

 

Tan Wei Cheong

 

 

Joint and Several Judicial Manager