T1 Energy Inc. has filed a prospectus supplement to register common stock shares for resale by a selling stockholder. The shares are issuable upon the potential conversion of $50.0 million in convertible senior notes recently issued to the stockholder. The company will not receive any proceeds from any potential resale of these shares by the stockholder.
Key Details
- Registered Shares: Up to 13,440,860 shares of common stock have been registered for potential resale.
- Underlying Securities: The shares are linked to the conversion of $50.0 million in 4.75% Convertible Senior Notes due 2031, which were issued to the selling stockholder on September 30, 2026.
- No Company Proceeds: The filing facilitates the potential resale of shares by the stockholder; it is not a direct sale of securities by T1 Energy, and the company will not receive any proceeds from such a sale.