T1 Energy Inc. Announces Pricing of $72 Million Registered Direct Offering With Existing and New Leading U.S. Institutional Investors

Core Points - T1 Energy Inc. has announced a registered direct offering of common stock, aiming to raise gross proceeds of $72 million [1][2] - The company will issue 22,153,850 shares at a price of $3.25 per share [2] - The offering is expected to close on or about October 24, 2025, subject to customary closing conditions [2] Financial Details - After the offering, T1 Energy will have approximately $155 million in cash, cash equivalents, and restricted cash, with $102 million being unrestricted [2] - The proceeds from the offering will be utilized for strategic investments, partnership development, and advancements in energy technology and infrastructure projects [8] Company Background - T1 Energy Inc. is focused on building an integrated U.S. supply chain for solar and batteries, having completed a transformative transaction in December 2024 [6] - The company is positioned as a leading solar manufacturing entity in the U.S. and is exploring value optimization opportunities in Europe [6]