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Latham & Watkins Assists Wolfspeed With CFIUS Clearance Process
January 30, 2026
CFIUS concluded that there were no unresolved national security issues with respect to Wolfspeed’s issuance of equity to Renesas.
Wolfspeed, Inc., a global leader in silicon carbide technology and production, announced that the Committee on Foreign Investment in the United States (CFIUS) has formally cleared the company’s issuance of equity to Renesas Electronics America Inc., completing a key component of Wolfspeed’s previously announced restructuring agreement with its lender group in support of its Chapter 11 process.
Latham & Watkins LLP represented Wolfspeed in the CFIUS clearance process with a team led by Washington, D.C. partners Les Carnegie and Damara Chambers and counsel Zachary Eddington, with associates Amulya Vadapalli and Dillon Curtis.