FTC Solar closes $15M senior secured note offering with 11% interest and warrants

FTC Solar, Inc.

Issued $15M in senior secured notes due Dec 2029; interest 11% cash or 13% PIK at company's option.
Warrants to purchase 1.75M shares at $0.10 per share, exercisable for 5 years.
Proceeds for balance sheet support, growth acceleration, and general corporate purposes.
Board member Pablo Barahona invested $500k in the purchasing investor entity.

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