---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-133326"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:53:17.619114+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-133326
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000095017024133326/0000950170-24-133326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000095017024133326/ftci-20241204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-133326
- JSON: https://secwatch.observer/filing/0000950170-24-133326.json
- Plain text: https://secwatch.observer/filing/0000950170-24-133326.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.