Complete Solaria, a leading solar technology, services, and installation company, has appointed T.J. Rodgers Executive Chairman.

Complete Solaria Announces Promotion of Arnaud Lepert to Chief Operating Officer

Valuation Adjustment Made to Address Current Multiples Across the Sector

Complete Solaria to Hold First Quarter & Business Update on May 23, 2023

Complete Solaria, Inc. today announced it has received a $10 million strategic investment from Foris Ventures, LLC, an entity affiliated with John Doerr, Chairman of Kleiner Perkins. The commitment is part of a previously announced $30 million bridge round, in support of Complete Solaria’s previously announced business combination with Freedom Acquisition I Corp.

Freedom has submitted documents, including a proxy statement and prospectus, to the SEC for approval.

“I am honored to join Complete Solaria at this pivotal time in the company’s growth trajectory, as it transitions toward life as a public company,” said Wuebbels. “I have closely watched the company’s evolution, and I look forward to playing a key role in expanding solar and its role in the transition to clean energy.”

Complete Solaria will be hosting a Virtual Investor & Analyst Day on Monday, February 13, 2023 at 11:00 am EST.

Complete Solaria, Inc. announced a number of positive financial developments in connection with their proposed business combination (“Business Combination”).

Complete Solaria combines two highly complementary businesses in a vertically integrated manufacturing and distribution model, delivering end-to-end residential solar solutions, with world-class customer service, aesthetically appealing, high-performance solar panels, as well as project financing, design and software solutions.

Complete Solaria, Inc. and Freedom Acquisition I Corp. announced that Marathon Capital LLC will be acting as Lead Capital Markets Advisor to Complete Solaria and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, will be acting as Lead Capital Markets Advisor to Freedom, in connection with the business combination between Complete Solaria and Freedom.

Complete Solaria has entered into a definitive business combination agreement with Freedom Acquisition I Corp. (NYSE: FACT) (“Freedom”). Upon closing of the business combination, which is expected in the first half of 2023, the combined Company is expected to be listed on the New York Stock Exchange under the new ticker “CSLR”.

Proposed Merger will form a leading U.S. residential solar company, redefining residential and small business solar with breakthrough technology, financing, product, and service excellence