Wolfspeed, Inc. filed a prepackaged Chapter 11 bankruptcy case on June 30, 2025. On the same day, it also filed a Disclosure Statement and Chapter 11 Plan of Reorganization ("Plan"). Wolfspeed served the Disclosure Statement and Plan on its creditors on June 27, 2025, before it filed for bankruptcy. It gave them until August 22, 2025, to submit their voting ballots. It is expected that creditors will approve the Plan.