T1 Energy raises $50M more in 4.75% convertible notes due 2031 to fund G2_Austin Phase 1

T1 Energy Inc.

Additional $50.0M principal of 4.75% Convertible Senior Notes due 2031 sold to an existing shareholder/QIB; gross proceeds ~$50.4M including accrued interest from July 31, 2026.
Total outstanding 4.75% convertible notes rise to $170.0M after the $120.0M issued July 31, 2026; new notes are fungible, share the same CUSIP and mature August 1, 2031.
Initial conversion price ~$4.46/share (224.0143 shares per $1,000); up to 13,440,860 shares may be issued at the maximum conversion rate of 268.8172.
Net proceeds fund Phase 1 of the G2_Austin solar cell fab in Milam County, Texas plus general corporate purposes; described as a bridge to a larger debt financing.
Closing expected September 30, 2026; resale registration statement due within 30 days; interest payable Feb 1 and Aug 1 starting February 1, 2027.

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