T1 Energy Inc. to Restate Financial Statements Due to Accounting Error

Summary

On August 18, 2025, T1 Energy Inc. announced that it will restate its financial statements for the three months ended March 31, 2025, due to a material error in the presentation of amortization of intangible assets related to acquired customer contracts. The company identified a material weakness in its internal control over financial reporting and is working to complete the restatement. The restatement will be reflected in an amendment to its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, which is expected to be filed prior to the Q2 Form 10-Q.