Wolfspeed, Inc. files a Schedule 13G reporting that Slate Path Capital and related reporting persons beneficially own 6,438,156 shares of Common Stock, representing 9.99% of the class based on a calculated total of 48,338,641 shares outstanding. The cover-page figures reflect inclusion of 2,000,000 shares issuable upon exercise of warrants and apply a contractual 9.99% beneficial ownership blocker that limits exercise if the holder would exceed 9.99%. The disclosure attributes the shared voting and dispositive power to the Slate Path Funds and to David Greenspan in his capacity as managing partner, and cites source balances as of February 28, 2026 and related March filings.
Positive
None.
Negative
None.
Insights
Slate Path reports a capped 9.99% stake totaling 6,438,156 shares.
The filing lists shared voting and dispositive power over 6,438,156 shares, with the reported percentage calculated on an aggregate of 48,338,641 shares outstanding as explained in the statement. The calculation explicitly assumes exercise of certain warrants subject to a contractual 9.99% Blocker.
Implications depend on holder actions and warrant exercise mechanics; subsequent filings will show any changes to the position or blocker effects.
Disclosure clarifies attribution and exercise limits rather than an unencumbered increase in ownership.
The statement attributes beneficial ownership to the Slate Path Funds and to Mr. Greenspan as managing partner and notes the funds' right to receive proceeds. It preserves the contractual limit that prevents increasing ownership above 9.99% via warrant exercises.
Watch future Form 4/13D/G or press filings for any change in voting/ownership if warrants are modified or blocker terms change.
Key Figures
Reported shares beneficially owned:6,438,156 sharesReported percent of class:9.99%Aggregate shares used in calculation:48,338,641 shares+3 more
6 metrics
Reported shares beneficially owned6,438,156 sharesamount set forth on cover page and Item 4
Reported percent of class9.99%percent set forth on row (11) and reflects 9.99% Blocker
Aggregate shares used in calculation48,338,641 sharessum of 45,088,611 and 3,250,030 per Item 4
Shares outstanding as of source date45,088,611 sharesCommon Stock outstanding as of <date>February 28, 2026</date> from Prospectus
Shares issued in related offering3,250,030 sharesissued in offering described in Form 8-K filed March 26, 2026
Warrants referenced2,000,000 shares issuableshares issuable upon exercise of warrants included in reported counts
Key Terms
9.99% Blocker, beneficially owned, shared dispositive power
3 terms
9.99% Blockerregulatory
"Pursuant to the terms of certain warrants held by the Slate Path Funds, the Reporting Persons cannot exercise such warrants if the Reporting Persons would beneficially own, after such exercise, more than 9.99% of the outstanding shares"
beneficially ownedregulatory
"Amount beneficially owned: The information required by Item 4(a) is set forth in Row 9 of the cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive powerregulatory
"Shared Dispositive Power 6,438,156.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WOLFSPEED, INC.
(Name of Issuer)
Common Stock, par value $0.00125 per share
(Title of Class of Securities)
97785W106
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
97785W106
1
Names of Reporting Persons
Slate Path Capital LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,438,156.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,438,156.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,438,156.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
IA, PN
Comment for Type of Reporting Person: Includes 2,000,000 shares of Common Stock (as defined in Item 2(a)) issuable upon exercise of warrants. As more fully described in Item 4, certain of these warrants are subject to a 9.99% beneficial ownership blocker and the percentage set forth on row (11) and the number of shares of Common Stock set forth on rows (6), (8) and (9) give effect to such blocker.
SCHEDULE 13G
CUSIP Number(s):
97785W106
1
Names of Reporting Persons
David Greenspan
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,438,156.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,438,156.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,438,156.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Includes 2,000,000 shares of Common Stock (as defined in Item 2(a)) issuable upon exercise of warrants. As more fully described in Item 4, certain of these warrants are subject to a 9.99% beneficial ownership blocker and the percentage set forth on row (11) and the number of shares of Common Stock set forth on rows (6), (8) and (9) give effect to such blocker.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WOLFSPEED, INC.
(b)
Address of issuer's principal executive offices:
4600 Silicon Drive, Durham, North Carolina 27703.
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Slate Path Capital LP (the "Investment Manager"), a Delaware limited partnership and the investment manager of Slate Path Master Fund LP (the "Master Fund"), a Cayman Islands exempted limited partnership, and SPB Master Fund LP, a Cayman Islands exempted limited partnership (the "SPB Master Fund", and, together with the Master Fund, the "Slate Path Funds"), with respect to the shares of Common Stock, par value $0.00125 per share (the "Common Stock") of WOLFSPEED, INC. (the "Company"), directly held by the Slate Path Funds; and
(ii) David Greenspan ("Mr. Greenspan"), the managing partner of Jades GP, LLC, a Delaware limited liability company and the general partner of the Investment Manager, with respect to the shares of Common Stock directly held by the Slate Path Funds.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons".
The filing of this statement should not be construed as an admission that any of the forgoing persons or any Reporting Person is, for the purposes of Section 13 of the Securities and Exchange Act of 1934, the beneficial owner of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 717 Fifth Avenue, 16th Floor, New York, NY 10022.
(c)
Citizenship:
The Investment Manager is a Delaware limited partnership. Mr. Greenspan is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.00125 per share
(e)
CUSIP Number(s):
97785W106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 48,338,641 shares of Common Stock outstanding, which is the sum of (a) 45,088,611 shares Common Stock outstanding as of February 28, 2026 as reported in the Company's Prospectus filed on March 18, 2026, and (b) 3,250,030 shares of Common Stock issued in connection with offering as described in the Company's Current Report on Form 8-K, filed on March 26, 2026 with the SEC and assumes the exercise of the warrants held by the Slate Path Funds, subject to the 9.99% Blocker (as defined below).
Pursuant to the terms of certain warrants held by the Slate Path Funds, the Reporting Persons cannot exercise such warrants if the Reporting Persons would beneficially own, after such exercise, more than 9.99% of the outstanding shares of Common Stock (the "9.99% Blocker"). The percentage set forth on row (11) and the number of shares of Common Stock set forth on rows (6), (8) and (9) of the cover page for each Reporting Person give effect to the 9.99% Blocker.
(b)
Percent of class:
9.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a). The Slate Path Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock reported herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Slate Path Capital LP
Signature:
/s/ Thomas Hansen
Name/Title:
By: Jades GP, LLC, General Partner, By: Thomas Hansen, Chief Financial Officer and Chief Operating Officer
Date:
05/15/2026
David Greenspan
Signature:
/s/ Jim Feeney
Name/Title:
Jim Feeney, Attorney-In-Fact*
Date:
05/15/2026
Comments accompanying signature: * Pursuant to a Power of Attorney, dated as of July 31, 2020, attached hereto as Exhibit 99.2.
What stake does Slate Path Capital report in WOLF?
Slate Path Capital and related reporting persons state beneficial ownership of 6,438,156 shares, representing 9.99% of Common Stock based on an aggregate of 48,338,641 shares used in the filing's calculation.
How does the 9.99% blocker affect Slate Path's warrants in WOLF?
The filing explains a contractual 9.99% Blocker prevents exercising warrants if doing so would raise beneficial ownership above 9.99%, and the reported share counts reflect that blocker in the percentage math.
Do Slate Path Funds have voting or dispositive power over the reported shares?
Yes; the filing shows the Reporting Persons have shared voting power and shared dispositive power over 6,438,156 shares as reported on the cover page for each reporting person.
What outstanding share count does the Schedule 13G use to calculate percentages for WOLF?
The Schedule 13G bases percentages on an aggregate of 48,338,641 shares outstanding, composed of 45,088,611 shares as of February 28, 2026 plus 3,250,030 shares issued in an offering described in a March 26, 2026 Form 8-K.
Who filed the Schedule 13G for the reported WOLF stake?
The statement was filed by Slate Path Capital LP (the Investment Manager), the Slate Path Funds, and David Greenspan as managing partner of Jades GP, LLC, identifying them collectively as the Reporting Persons.
