T1 Energy (TE) Registration filing summary

Company overview and business model

• Operates as an energy solutions provider focused on building an integrated U.S. supply chain for solar and batteries, manufacturing and selling photovoltaic (PV) solar modules in the U.S. for domestic customers.

• Operates a technologically advanced PV solar module facility in Wilmer, TX, expected to reach 5 GW annual capacity after equipment commissioning in 2025.

• Utilizes advanced Passivated Emitter and Rear Contact and Tunnel Oxide Passivated Contact technologies, leveraging a commercial partnership with Trina Solar.

• Completed the acquisition of T1 G1 Dallas Holding and related subsidiaries in December 2024, securing commercial support and technology licensing agreements with Trina.

Financial performance and metrics

• Issued 1,600,000 shares of Series B Preferred Stock and 5,000,000 shares of Series B-1 Preferred Stock for aggregate proceeds of $50 million.

• 21,504,901 shares of common stock issued as part of the Stock Purchase Agreement.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of securities by selling securityholders; proceeds from the original issuance were used for general corporate purposes.

• Selling securityholders are responsible for underwriting fees and commissions; company covers registration and related expenses.