沃尔夫速度公司美国存托凭证招股说明书（2026年6月18日版）

24,072,041 SHARES OF COMMON STOCK This prospectus relates to the potential offer and sale, from time to time, by the selling stockholders identified in this prospectus (the “sellingstockholders”) of up to 24,072,041 shares of common stock, par value $0.00125 per share (the “Common Stock”), of Wolfspeed, Inc., a Delawarecorporation (“us,” “our,” and “we”), consisting of (i) 3,250,030 shares of Common Stock held by certain selling stockholders, (ii) 2,000,000 shares ofCommon Stock that certain selling stockholders may acquire upon the exercise of pre-funded warrants (the “Pre-Funded Warrants”) held by such sellingstockholders, and (iii) 18,822,011 shares of Common Stock that certain selling stockholders may acquire upon the conversion of 3.5% Convertible 1.5 We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of shares of our Common Stock by theselling stockholders. The selling stockholders may offer, sell or distribute all or a portion of the Common Stock registered hereby publicly or through private transactions atprevailing market prices or at negotiated prices. We will bear all costs, expenses and fees in connection with the registration of these shares, includingwith regard to compliance with state securities or “blue sky” laws. The timing and amount of any sale are within the sole discretion of the selling Our shares of Common Stock are listed on the New York Stock Exchange (the “NYSE”) under the symbol “WOLF.” On June17, 2026, the closing saleprice of our Common Stock was $48.69 per share. Investing in shares of our Common Stock involves a high degree of risk. You should carefully review the risks and uncertainties that aredescribed in the “Risk Factors” section beginning on page 6 of this prospectus and under similar headings in any amendments or supplementsto this prospectus or in the documents incorporated by reference into this prospectus. Neither the U.S. Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of thesecurities to be issued under this prospectus or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminaloffense. TABLE OF CONTENTS WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE You should rely only on the information contained in this prospectus or any amendment or supplement to this prospectus or incorporatedby reference into this prospectus. This prospectus is an offer to sell only the securities offered hereby, but only under the circumstances and injurisdictions where it is lawful to do so. Neither we nor the selling stockholders have authorized anyone to provide you with informationdifferent from that contained in this prospectus or any amendment or supplement to this prospectus or incorporated by reference into thisprospectus. Neither we nor the selling stockholders take any responsibility for, or can provide any assurance as to the reliability of, anyinformation other than the information in this prospectus or any amendment or supplement to this prospectus or incorporated by reference For investors outside the United States: We have not done anything that would permit this offering or possession or distribution of this prospectusin any jurisdiction where action for that purpose is required, other than in the United States. You are required to inform yourselves about and to observeany restrictions relating to this offering and the distribution of this prospectus. Table of Contents ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the SEC using the “shelf” registration process. Under the shelfregistration process, the selling stockholders may, from time to time, sell the securities offered by them described in this prospectus through any meansdescribed in the section titled “Plan of Distribution.” More specific terms of any securities that the selling stockholders and their permitted transferees We may also provide a prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part toadd information to, or update or change information contained in, this prospectus. Any statement contained in this prospectus will be deemed to bemodified or superseded for purposes of this prospectus to the extent that a statement contained in such prospectus supplement or post-effectiveamendment modifies or supersedes such statement. Any statement so modified will be deemed to constitute a part of this prospectus only as so modified,and any statement so superseded will be deemed not to constitute a part of this prospectus. You should read both this prospectus and any applicable This prospectus contains summaries of certain provisions contained in some of the documents described herein, but reference is made to the actualdocuments for complete information. All of the summaries are qualified in their enti