US EditionWolfspeed Provides Update on Steps to Strengthen Capital Structure
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01netWolfspeed Provides Update on Steps to Strengthen Capital Structure
DURHAM, N.C.–(BUSINESS WIRE)–Mar 28, 2025– Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48D. Funds include $186.5 million owed to the Company for both fiscal 2023 and fiscal 2024 taxes, as well as accrued interest. This announcement reflects a portion of the approximately $1 billion total Section 48D cash tax refunds that the…
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