FTC Solar, Inc. (FTCI): debt financing — FTC Solar secures $75M financing facility; $14.3M funded, up to $23.2M more in Q3

FTC Solar, Inc.

Received $14.3M term loan and issued warrants on July 2, 2025.
Expects $23.2M additional delayed draw term loan in Q3 2025, subject to stockholder approval.
Facility totals up to $75M with potential $37.5M more upon mutual agreement.
Proceeds for balance sheet support and growth; Cleanhill Partners and AV Securities involved.
Warrants exercisable at $0.01/share for up to 6,836,237 shares, ten-year term.

item 1.01 item 2.03 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FTC Solar, Inc. incurred term loan of up to $75,000,000 with Acquiom Agency Services LLC at 12.00% per annum maturing July 2, 2029.

Instrument: term loan
Principal: up to $75,000,000
Counterparty: Acquiom Agency Services LLC
Rate: 12.00% per annum
Maturity: July 2, 2029
Event: incurrence

Exact text from the filing

The Credit Agreement provides for a senior secured term loan facility of up to $75,000,000

View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

FTC Solar, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-155869

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