T1 Energy prices 22.2M shares at $3.25 in registered direct offering

T1 Energy (TE) 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. The Company intends to use the net proceeds from the equity raised today in some of the following areas: Working Capital; Strategic investments and partnership development; Advancement of energy technology and infrastructure projects The closing of the offering is expected to occur on or about October 24, 2025, subject to the satisfaction of customary closing conditions. Upon the closing of the offering, the company will have cash, cash equivalents, and restricted cash of approximately $155 million, of which $102 million is unrestricted cash. A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.