Maxeon Solar Technologies, Ltd. (NASDAQ: ) reported financial results for the first quarter ended March 31, 2024, experiencing challenges due to market conditions, demand disruptions, and project pushouts. To address these issues, Maxeon secured additional capital from its largest shareholder, TCL Zhonghuan Renewable Energy Technology Co. Ltd. (TZE), through debt and equity investments. The Company also exchanged 2025 convertible notes for new bonds due in 2028, subject to regulatory approvals.