---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-038885"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:59:13.941352+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# FTC Solar amends equity distribution agreement, appoints Barclays as sales agent

## Summary
- Amendment replaces Credit Suisse Securities (USA) LLC with Barclays Capital Inc. as sales agent.
- Company may sell up to $100M in common stock via ATM offerings; $75.6M remaining.
- Amendment effective August 9, 2023.

## SEC filing metadata
- accession: 0001140361-23-038885
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000114036123038885/0001140361-23-038885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000114036123038885/brhc20057257_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-038885
- JSON: https://secwatch.observer/filing/0001140361-23-038885.json
- Plain text: https://secwatch.observer/filing/0001140361-23-038885.txt

## Key facts
- Material Agreements
  FTC Solar, Inc. amended Equity Distribution Agreement with Barclays Capital Inc. valued at aggregate offering price of up to $100,000,000, of which $75,629,073 is remaining (effective 2023-08-09).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Barclays Capital Inc.
  - Value: aggregate offering price of up to $100,000,000, of which $75,629,073 is remaining
  - Effective: 2023-08-09
  source text: On August 9, 2023, FTC Solar, Inc. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the equity distribution agreement, dated September 14, 2022, by and between the Company and Credit Suisse Securities (USA) LLC (the “Original Equity Distribution Agreement” and, together with the Amendment, the “Equity Distribution Agreement”), in order to, among other things, replace Credit Suisse Securities (USA) LLC as sales agent and/or principal with Barclays Capital Inc. (“Barclays”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828161/000114036123038885/0001140361-23-038885-index.htm

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