T1 Energy terminates $14.75M PIPE with Stellar Hann, issues 7M penny warrants at $0.01

T1 Energy Inc.

Terminated November 2024 PIPE for 14,050,000 shares at $1.05 per share.
Pays $5M cash within 90 days as termination consideration.
Issues 7,000,000 penny warrants exercisable at $0.01 per share.
Warrants vest March 10, 2026 (6 months), expire September 10, 2030 (5 years).
Company grants registration rights for resale of warrants and underlying shares.

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