Highest-materiality recent filing
T1 Energy Q1: record net income from cont. ops $3.9M, Adj. EBITDA $9.1M
Net loss attributable to common stockholders $21.4M ($0.08 per share); net income from continuing ops $3.9M ($0.01/share).
T1 Energy closes $184M 4.00% convertible notes offering due 2031
Issued $184M aggregate principal amount of 4.00% Convertible Senior Notes due 2031, including full $24M over-allotment.
T1 Energy Q4 net loss $190M, record module sales $358.5M; board adds Hammond
Q4 net loss $190.0M ($0.87/sh) vs $367.2M loss in Q4 2024; full-year 2025 loss $380.8M.
T1 Energy concludes FEOC restructuring, repays $274M debt, removes Trina director nomination right
Trina's right to nominate directors removed; lock-up provisions also eliminated.
T1 Energy closes $161M convertible note and $161M equity offering, net proceeds ~$304M
Offered $161M 5.25% Convertible Senior Notes due 2030 at 100% of principal; over-allotment fully exercised.
Convertible notes offering upsized from $120M to $140M; common stock offering of 28.28M shares at $4.95.
T1 Energy stockholders approve share increase to 500M; DOJ subpoenas stock trades
Stockholders approved increase in authorized common shares from 355M to 500M, foreign ownership limits, and removing 'only for cause' director removal.
T1 Energy Q3 net loss widens to $140.8M; maintains FY 2025 EBITDA guidance $25-50M
Net loss from continuing ops $127.6M ($0.85/diluted share) vs $14.2M loss in Q3 2024.
Purchasers agree to buy 5M shares of Series B-1 Preferred at $10/share for $50M gross proceeds.
$72M registered direct offering of 22.15M shares at $3.25/share, closing expected Oct 24, 2025.
T1 Energy raises $72M in registered direct offering at $3.25/share from institutional investors
Issued 22,153,850 shares of common stock at $3.25 per share for aggregate gross proceeds of $72 million.
Preliminary Q3 net sales $200-210M on module sales of ~725 MW; cash $87M ($34M unrestricted) plus $92M accrued Section 45X credits.
T1 Energy terminates $14.75M PIPE with Stellar Hann, issues 7M penny warrants at $0.01
Terminated November 2024 PIPE for 14,050,000 shares at $1.05 per share.
T1 Energy Q2 net loss $32.8M; maintains FY EBITDA $25-50M with downside risk; appoints COO
Q2 net loss $32.8M ($0.21/diluted) vs $27.0M loss ($0.19/diluted) in Q2 2024.
T1 Energy restates Q1 2025 financials, identifies material weakness in internal controls
Intangible asset amortization will be reclassified as offset to revenue, not operating expense.
T1 Energy expands Corning partnership for US solar wafers and polysilicon
T1 to source hyper-pure polysilicon from Hemlock Semiconductor (Corning affiliate) under amended supply agreement.
T1 Energy defers sales agency fees, amends preferred stock terms with Encompass
Service fees to Trina Solar deferred until 30 days after receipt of 45X tax credits or Aug 15, 2026.
T1 Energy enters non-binding Heads of Agreement with Saudi partner for G2 Austin solar facility
Heads of Agreement signed on May 13, 2025 with Saudi partner Manaar Gulf Saudi Arabia Ltd.
T1 Energy cuts 2025 EBITDA guidance to $25-50M; Q1 revenue $64.6M
Q1 net loss $17.1M ($0.11/diluted share) vs. loss $28.5M a year ago; revenue $64.6M from G1 Dallas deliveries.
T1 Energy converts G1 Dallas construction loan to term loan, produces 443 MW in Q1
Construction loan converted to term loan on April 30, 2025 after third-party certification; maturity December 31, 2029.
T1 Energy finalizes CEO Barcelo's employment terms; adds Munro as CLO, Gold as EVP Comms
CEO Daniel Barcelo enters employment agreement: $800,000 base salary, up to 100% bonus, RSUs totaling 300% of base for 2025.
T1 Energy pro forma shows $151M operating loss on $3M revenue for 2024 post-Trina acquisition
Pro forma net loss from continuing ops $149.9M; net loss attributable to common shareholders $153.5M ($0.99 diluted EPS).
T1 Energy reports Q4 net loss of $367M; G1 Dallas ramp ahead of plan, 5 GW solar cell site selected
Q4 2024 net loss attributable to stockholders of $367.2M ($2.59/diluted share); FY2024 net loss $450.2M ($3.20/share).
T1 Energy files target financials for Trina Solar U.S. acquisition; shows $22.8M net loss in 9M 2024
Target's 2023 audited: assets $119.8M, net loss $3.1M, no revenue; parent contributed $100M.
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.
FREYR Battery appoints Daniel Barcelo as CEO; base salary $800k
Daniel Barcelo appointed CEO effective November 6, 2024.
FREYR acquires Trina Solar US manufacturing assets; CEO Jensen steps down
Acquires Trina Solar US entities for $100M cash, 15.4M shares, $150M 1% note, and $80M 7% convertible note (convertible into up to 30.4M shares).
FREYR Battery Q3 net loss widens to $27.5M on $4.5M restructuring charge; cash $184.1M
Net loss attributable to stockholders $27.5M ($0.20/share) vs $9.8M ($0.07) in Q3 2023; operating loss $31.8M.
EU Innovation Fund selects FREYR for €122M grant for CAM project in Finland
€122 million grant from EU Innovation Fund for proposed joint venture Cathode Active Material (CAM) facility in Vaasa, Finland.
FREYR posts Q2 net loss $27M; extends cash runway to 36 months, shifts to conventional battery tech
Net loss of $27.0M ($0.19/share) vs $25.3M ($0.18/share) in Q2 2023.
Effective February 26, 2025, the Company appointed Denise Cruz, 53, as SVP, Chief Accounting Officer and Corporate Controller.
On March 2, 2025, the Company notified David Gustafson, Chief Operating Officer, that the Company had made a strategic decision to terminate Mr. Gustafson, effective immediately.
On November 6, 2024, the Board of Directors (the “Board”) of FREYR Battery, Inc., a Delaware corporation (the “Company”), announced the appointment of Daniel Barcelo as its CEO, effective immediately.
On November 7, 2024, FREYR Battery, Inc., a Delaware corporation (the "Company"), notified Michael Brose, Chief Operating Officer ("COO"), that his employment with the Company terminated effective on the same date.
the board of directors of the Company appointed David Gustafson as the incoming COO effective as of, and subject to, the closing of its recent transaction with Trina Solar (Schweiz) AG, which it announced on the same date.
Tom Einar Jensen, the Company’s Chief Executive Officer (“ CEO ”), would be resigning from his position as CEO and as a director of the Company, effective immediately
the FREYR Board appointed David Gustafson, currently an employee of TUM 1, as its Chief Operating Officer, effective as of, and subject to, the Closing of the Transactions
the FREYR Board appointed Daniel Barcelo as its CEO, effective on November 6, 2024
notified Are L. Brautaset, Chief Legal Officer ("CLO"), that his employment with the Company will terminate effective September 30, 2024
On August 5, the Company notified Jeremy Bezdek, EVP Corporate Development, that his employment with the Company would terminate, effective August 8, 2024
appointed Michael Brose as its Chief Operating Officer ("COO"), effective immediately.
Birger K. Steen, the Company’s Chief Executive Officer (“CEO”), would be leaving the Company effective as of June 6, 2024, and that he will not stand for re-election as a member of the Company’s Board of Directors
Max materiality 0.90 · Median 0.65 · Most common event other_material