T1 Energy Announces Pricing of Convertible Notes and Common Stock Offerings

Summary

On December 11, 2025, T1 Energy Inc. announced the pricing of its underwritten public offerings of $140.0 million aggregate principal amount of its 5.25% convertible senior notes due 2030 and 28,282,830 shares of its common stock at a public offering price of $4.95 per share. The net proceeds from the offerings are estimated to be approximately $264.3 million, after deducting underwriting discounts, commissions, and estimated offering expenses. The Convertible Notes Offering was upsized from the previously announced $120.0 million. Both offerings are expected to close on December 15, 2025, and December 16, 2025, respectively, subject to customary conditions. The Company intends to use the net proceeds for compliance with the One Big Beautiful Bill Act, advancing its G2_Austin facility, and general corporate purposes.