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SPI Solar, Inc.
3300 Douglas Boulevard
Suite 360
Phone: (916) 770-8100p:916 770-8100 Roseville, CA  95661-3888  United States Ticker: SOPWSOPW
This company ceased filing statements with the SEC on 1/4/2016.
On 3/25/2014, Solar Power, Inc. (the “Company”) received notice from Cathay Bank stating that the Company is in default under the Business Loan Agreement dated December 26, 2011 and as amended on January 2, 2013 (the “Loan Agreement”) due to (i) the Company failing to make payments as due pursuant to the Loan Agreement and pursuant to the forbearance agreements entered into between the parties, and (ii) the guarantor, LDK Solar Co., Ltd., the majority shareholder of the Company, filing a Winding Up Petition in the Financial Services Division of the Grand Court of the Cayman Islands on February 24, 2014. Based on these events of default, Cathay Bank has accelerated the entire principal balance due under the Loan Agreement. The Company owes approximately $4.25 million under the Loan Agreement, plus accrued interest and fees. The balance under the Loan Agreement will continue to incur interest at 11 percent per year. The Loan Agreement is secured against the personal property assets of the Company.
On 1/4/2016, Solar Power, Inc. completed a reorganization merger with SPI Energy Co., Ltd., a newly formed exempted company incorporated under the laws of the Cayman Islands. As a result of the Merger, Solar Power, Inc. was delisted from the OTC, and the former Solar Power, Inc. directors and officers will continue to serve as such with SPI Energy and SPI Energy will continue to conduct SPI's prior business at their current locations and facilities. SPI Energy Co., Ltd. is in the process of applying for listing of the ADSs on the Nasdaq Capital Market and expects to complete that process in early 2016.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
SPI Solar, Inc, formerly Solar Power, Inc., is a United States-based company, which offers photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Company provides a range of engineering, procurement and construction (EPC) services to third-party project developers. It is also engaged in the development, manufacture and marketing of various PV modules. It also provides a range of long-term operations and maintenance (O&M) services over the anticipated life of a solar project for third-party developers, including performance monitoring, system reporting, preventative maintenance and warranty support. It procures PV modules and other equipment for project construction from independent suppliers and contracts work to third-party EPC contractors in areas, such as logistics, installation, construction and supervision. It operates an online energy e-commerce and investment platform, www.solarbao.com.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201512/31/2014YesYes--Yes

Industries
SIC Code Description
3674 Semiconductors and related devices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board XiaofengPeng 40 1/10/2011 1/10/2011
Chief Executive Officer DejunYe 42 7/1/2015 7/1/2015
Deputy Chairman of the Board MinXiahou 51 7/1/2015 8/19/2013
7 additional Officers and Directors records available in full report.

Business Names
Business Name
3EB
B&J (HK) Trading Company Limited
Beijing Dingding Yiwei New Energy Technology Development Co., Ltd.
47 additional Business Names available in full report.

General Information
Number of Employees: 312 (As of 3/31/2015)
Outstanding Shares: 627,817,718 (As of 11/13/2015)
Shareholders: 2,874
Stock Exchange: OTC
Federal Tax Id: 204956638
Fax Number: (916) 771-3657


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Saturday, July 22, 2023