# T1 Energy Inc. (TE-WT) — capital_raise [pending]
Source: SEC API (secapi.ai) · situation sit_c45e80fe677e8b365e19 · retrieved 2026-08-11T16:11:04.677Z

## Overview
T1 Energy Inc. is a semiconductor company that acquires and develops intellectual property and proprietary rights.

T1 Energy Inc. filed a prospectus supplement on August 7, 2026, registering 13,615,979 shares of common stock for resale by Evervolt Green Energy Holding Pte, Ltd., a Singapore-based private company. The shares were issued to Evervolt as partial consideration for T1 Energy's purchase of certain intellectual property and proprietary rights from Evervolt pursuant to an intellectual property purchase agreement dated July 28, 2026. The Company exercised a call option granted under a call option letter agreement dated July 27, 2026, to enter into the IP Purchase Agreement. The prospectus supplement filing does not itself constitute a sale of securities by Evervolt and does not guarantee that Evervolt will choose to sell any shares.

## Terms
- Counterparty: Evervolt Green Energy Holding Pte, Ltd. · Deal value: $120.0M · Consideration: stock · Premium: 20.0% · Price/share: $0.01

## Key dates
- Announced 2026-07-30 · Expected close 2026-07-31

## Timeline
- 2026-07-30 · 8-K (0001213900-26-083033): 8-K - T1 Energy Inc. — *T1 Energy Inc. is an energy solutions provider building an integrated U.S. supply chain for solar, with manufacturing operations including a solar cell fab in Texas and complementary solar storage strategy.* On July 29, 2026, T1 Energy Inc. entered into note purchase agreements to issue $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due August 1, 2031 to qualified institutional buyers. The offering is expected to close on July 31, 2026. The convertible notes will bear interest at 4.75% per annum, payable semi-annually on February 1 and August 1 beginning February 1, 2027. The initial conversion rate is 224.0143 shares per $1,000 principal amount, equivalent to an initial conversion price of approximately $4.46 per share, representing a 20% conversion premium above the last reported sale price of $3.72 per share on July 29, 2026. The company intends to use net proceeds for construction and development of infrastructure and purchase of production line equipment for Phase 1 of its G2_Austin solar cell fab and general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/1992243/0001213900-26-083033.txt
- 2026-07-31 · 8-K (0001213900-26-084067): 8-K - T1 Energy Inc. — *T1 Energy Inc. (formerly FREYR Battery, Inc.) is a semiconductor manufacturer developing solar cell fabrication capabilities, with its G2_Austin facility representing a significant capital investment in advanced manufacturing infrastructure.* T1 Energy Inc. completed a private placement of $120.0 million aggregate principal amount of 4.75% Convertible Senior Notes due August 1, 2031 to qualified institutional buyers on July 31, 2026. The Convertible Notes bear interest at 4.75% per annum, payable semi-annually on February 1 and August 1, beginning February 1, 2027. The initial conversion rate is 224.0143 shares per $1,000 principal amount, equivalent to an initial conversion price of approximately $4.46 per share. The Company intends to use net proceeds for construction and development of infrastructure and purchase of production line equipment for Phase 1 of its G2_Austin solar cell fab, with remaining proceeds for general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/1992243/0001213900-26-084067.txt
- 2026-08-07 · 8-K (0001213900-26-086689): 8-K - T1 Energy Inc. — *T1 Energy Inc. is a semiconductor company that acquires and develops intellectual property and proprietary rights.* T1 Energy Inc. filed a prospectus supplement on August 7, 2026, registering 13,615,979 shares of common stock for resale by Evervolt Green Energy Holding Pte, Ltd., a Singapore-based private company. The shares were issued to Evervolt as partial consideration for T1 Energy's purchase of certain intellectual property and proprietary rights from Evervolt pursuant to an intellectual property purchase agreement dated July 28, 2026. The Company exercised a call option granted under a call option letter agreement dated July 27, 2026, to enter into the IP Purchase Agreement. The prospectus supplement filing does not itself constitute a sale of securities by Evervolt and does not guarantee that Evervolt will choose to sell any shares.
  https://www.sec.gov/Archives/edgar/data/1992243/0001213900-26-086689.txt

## Citations
- 0001213900-26-083033 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026083033
- 0001213900-26-084067 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026084067
- 0001213900-26-086689 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086689
