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GlobeNewsWire
1 month ago
T1 Energy Inc. Announces Pricing of $72 Million Registered Direct Offering With Existing and New Leading U.S. Institutional Investors
AUSTIN, Texas, Oct. 23, 2025 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company) today announced that it entered into agreements with existing and new leading institutional investors for the sale and purchase of the Company's common stock, par value $0.01 per share, in a registered direct offering for aggregate gross proceeds of $72 million, before deducting fees to the placement agent and other offering expenses payable by the Company. In connection with the offering, the Company will issue 22,153,850 shares of common stock at a purchase price of $3.25 per share.