secwatch.observer — SEC 8-K summary
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Issuer:     T1 Energy Inc. (TE)
CIK:        0001992243
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001213900-26-045173
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T1 Energy closes $184M 4.00% convertible notes offering due 2031
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- Issued $184M aggregate principal amount of 4.00% Convertible Senior Notes due 2031, including full $24M over-allotment.
- Initial conversion rate of 146.9724 shares per $1,000 principal, equivalent to ~$6.80/share (40% premium to $4.86 close).
- Net proceeds of ~$174.7M will fund G2_Austin Phase 1 solar cell fab construction and general corporate purposes.
- Notes mature April 15, 2031; interest payable semi-annually; redeemable at company option after April 20, 2029.
- Company targets larger financing solution, including debt, to fund remaining Phase 1 capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1992243/000121390026045173/0001213900-26-045173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1992243/000121390026045173/ea0286610-8k_t1energy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-045173

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