Core Viewpoint - T1 Energy Inc. has announced the pricing of its public offerings, which include $140 million in convertible senior notes and approximately 28.3 million shares of common stock, aiming to raise net proceeds of approximately $264.3 million for various corporate purposes [1][2][8]. Offering Details - The Convertible Notes Offering was upsized from an initial $120 million to $140 million [1]. - The public offering price for the common stock is set at $4.95 per share [1]. - The expected closing dates for the offerings are December 15, 2025, for the common stock and December 16, 2025, for the convertible notes [3]. Financial Structure - The Convertible Notes will have a 5.25% interest rate, payable semi-annually starting June 1, 2026, and will mature on December 1, 2030 [4]. - The initial conversion rate for the Convertible Notes is 144.3001 shares per $1,000 principal amount, equating to a conversion price of approximately $6.93 per share, representing a 40% premium over the common stock offering price [5]. Use of Proceeds - The net proceeds from the offerings will be utilized for compliance with foreign entities of concern provisions, working capital, and infrastructure development for the G2_Austin facility [8]. Underwriters - Santander and J.P. Morgan are acting as joint bookrunning managers, with BTIG and Roth Capital Partners as co-managers for the offerings [9]. Company Overview - T1 Energy Inc. is focused on building an integrated U.S. supply chain for solar and battery solutions, having completed a significant transaction in December 2024 to enhance its position in the solar manufacturing sector [10].

AUSTIN, Texas, Dec. 10, 2025 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) today announced proposed underwritten public offerings of $120.0 million aggregate principal amount of its convertible senior notes due 2030 (the “Convertible Notes” and such offering, the “Convertible Notes Offering”) and $140.0 million of its shares of common stock (the “Common Stock Offering”). The Company intends to grant the underwriters a 30-day option to purchase up to an additional $18.0 ...

Core Viewpoint - Pebblebrook Hotel Trust has initiated a private offering of convertible senior notes due in 2030, indicating a strategic move to raise capital for future investments and operations [1] Group 1: Company Actions - The company is launching a private offering of convertible senior notes, which suggests a focus on flexible financing options to support its growth strategy [1] - The notes will mature in 2030, providing a long-term financing solution for the company [1] Group 2: Industry Context - The move reflects broader trends in the REIT (Real Estate Investment Trust) sector, where companies are increasingly utilizing convertible debt to optimize their capital structure [1]

Core Viewpoint - enCore Energy Corp. plans to offer $75 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $11.25 million [1][2] Group 1: Offering Details - The convertible notes will be senior unsecured obligations, bearing interest payable semi-annually, maturing on August 15, 2030 [2] - Holders can convert their notes under certain conditions, with settlement options including cash, common shares, or a combination [2] - The company may redeem the notes for cash starting August 21, 2028, if the common share price exceeds 130% of the conversion price for a specified period [2] Group 2: Use of Proceeds - A portion of the net proceeds will be used for capped call transactions related to the convertible notes [3] - Remaining proceeds will be allocated to repay outstanding amounts under a loan agreement and for general corporate purposes [3] Group 3: Capped Call Transactions - Capped call transactions are expected to reduce potential dilution of common shares upon conversion of the notes [5] - These transactions will be privately negotiated with financial institutions and are subject to anti-dilution adjustments [4] Group 4: Market Impact - The option counterparties may engage in derivative transactions and purchase common shares, potentially affecting the market price of enCore's shares and the convertible notes [6][7] - This activity could influence the holders' ability to convert the notes and the cash or shares received upon conversion [8] Group 5: Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable fuel for nuclear energy, being the only U.S. uranium company with multiple Central Processing Plants in operation [10] - The company utilizes in-situ recovery (ISR) for uranium extraction, a proven technology co-developed by its leadership [10] - Future projects include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming [11]

Core Viewpoint - Intuitive Machines, Inc. has announced the pricing of $300 million in 2.500% convertible senior notes due 2030, increasing from a previously announced size of $250 million, with an option for initial purchasers to buy an additional $45 million [1][2] Use of Proceeds - The net proceeds from the Notes Offering are estimated to be approximately $291.8 million, or $335.5 million if the additional notes option is fully exercised, intended for capped call transactions and general corporate purposes including operations, research and development, and potential acquisitions [2] Additional Details of the Notes - The Notes will be senior, unsecured obligations with an annual interest rate of 2.500%, maturing on October 1, 2030, and interest payable semiannually starting April 1, 2026 [3] Conversion Rights - Noteholders can convert their Notes under specific conditions before July 1, 2030, and at any time thereafter, with an initial conversion rate of 76.2631 shares per $1,000 principal amount, representing a conversion price of approximately $13.1125 per share, a 25% premium over the last reported price of $10.49 [4] Redemption and Repurchase Rights - The Notes are not redeemable before October 6, 2028, and can be redeemed by the company under certain conditions. Noteholders can require the company to repurchase their Notes upon a "fundamental change" at 100% of the principal amount plus accrued interest [5][6][7] Capped Call Transactions - Intuitive Machines has entered into capped call transactions to reduce potential dilution upon conversion of the Notes, with an initial cap price of $20.9800 per share, a 100% premium over the last reported sale price [8] Market Activity Impact - The option counterparties may engage in derivative transactions and purchase shares of Intuitive Machines' stock, which could influence the market price of the stock and the Notes [9][10] Company Overview - Intuitive Machines is focused on space technology and services, having successfully soft-landed lunar landers in 2024 and 2025, and aims to disrupt lunar access economics through its offerings in Delivery Services, Data Transmission Services, and Infrastructure as a Service [13]