After Complete Solaria announced that an additional $8M investment from T.J. Rodgers will eliminate outstanding debt owned by Carlyle and Kline Hill Partners, Cantor Fitzgerald said the firm believes Complete Solaria struck “a favorable deal” with private debt holders Carlyle and KHP that “significantly reduces” short-term bankruptcy risk for the company while immediately unlocking potential upside to growth this year. The firm keeps an Overweight rating and $6 price target on Complete Solaria shares.
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