T1 Energy raises $50M through registered direct offering of Series B-1 Preferred; restructures existing preferred stock

T1 Energy Inc.

Purchasers agree to buy 5M shares of Series B-1 Preferred at $10/share for $50M gross proceeds.
Company to redeem all outstanding Convertible Series A Preferred Stock.
Issuance of 21.5M common shares and 1.6M Series B Preferred shares in exchange for Series A cancellation.
Net proceeds to be used for working capital, strategic investments, and energy technology projects.
Certificates of Designations filed for Series B and Series B-1 Preferred, each with $10 liquidation preference.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

T1 Energy Inc.: The Company filed Certificates of Designations with the Delaware Secretary of State to fix the designations, preferences, limitations and relative rights of its Series B and Series B-1 Preferred Stock (effective 2025-10-31).

Change: charter amendment
Effective: 2025-10-31

Exact text from the filing

On October 31, 2025, the Company filed Certificates of Designations of the Series B and Series B-1 Preferred Stock (collectively, the "Certificates of Designations") with the Secretary of State of the State of Delaware. The Certificates of Designations fix the designations, preferences, limitations and relative rights of the Company's Series B and Series B-1 Preferred Stock.

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T1 Energy Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-104500

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