- T1 Energy Inc. and Stellar Hann Investment Ltd. terminated their Securities Purchase Agreement (PIPE Agreement) on **September 10, 2025**, which previously involved Stellar Hann subscribing for **14,050,000 shares** at **$1.05 per share**.  **[1992243_0001213900-25-086663_ea0256560-8k_t1energy.htm:0]** 
- As consideration for the termination, T1 Energy Inc. will pay Stellar Hann **$5 million** within **90 days** of September 10, 2025.  **[1992243_0001213900-25-086663_ea025656001ex10-1_t1energy.htm:0]** **[1992243_0001213900-25-086663_ea0256560-8k_t1energy.htm:1]** 
- Additionally, T1 Energy Inc. issued **7,000,000 penny warrants** to Stellar Hann, allowing the purchase of Common Stock at an exercise price of **$0.01 per share**.  **[1992243_0001213900-25-086663_ea025656001ex10-1_t1energy.htm:0]** **[1992243_0001213900-25-086663_ea025656001ex10-2_t1energy.htm:0]** **[1992243_0001213900-25-086663_ea0256560-8k_t1energy.htm:1]** 
- These warrants become fully vested and exercisable on **March 10, 2026**, and will expire on **September 10, 2030**.  **[1992243_0001213900-25-086663_ea025656001ex10-2_t1energy.htm:0]** **[1992243_0001213900-25-086663_ea0256560-8k_t1energy.htm:1]**

T1 Energy (TE)