---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-113074"
form_type: "8-K"
ticker: "TE"
cik: "0001992243"
company_name: "T1 Energy Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:09:49.372126+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# FREYR closes acquisition of Trina Solar US manufacturing assets; issues $100M cash, notes, and shares

## Summary
- Acquired Trina Solar US Manufacturing entities for $100M cash, $50M loan repayment, 15.4M shares, $150M 1% note, and $80M 7% convertible note due 5 years.
- Convertible note can convert into up to 30.4M FREY shares upon CFIUS and stockholder approval.
- Issued $50M preferred stock (5M shares) to Encompass Capital Advisors; 6% cash interest, convertible at $2.50.
- Mingxing Lin appointed to board per Cooperation Agreement; Seller may designate up to 2 directors.
- TUM 1's $235M credit facility amended; FREYR guarantees up to $125M equity contributions for solar module facility.

## SEC filing metadata
- accession: 0001213900-24-113074
- form_type: 8-K
- ticker: TE
- cik: 0001992243
- company_name: T1 Energy Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1992243/000121390024113074/0001213900-24-113074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1992243/000121390024113074/ea0225668-8k_freyrbat.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-113074
- JSON: https://secwatch.observer/filing/0001213900-24-113074.json
- Plain text: https://secwatch.observer/filing/0001213900-24-113074.txt

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