Home / Restatements / T1 Energy Inc.

5/5T1 Energy Inc. (TE): Non-reliance / restatement

Filed 2025-08-18 路 Form 8-K 路 Accession 0001213900-25-077935 micro

Market data

Price before filing: $1.48 (2025-08-15 close, split/dividend-adjusted)
Market cap at flag: $244.3M (2025-08-18) 路 Latest: $733.9M (2026-10-16)

What happened next

WindowTESPYvs SPY
30 days+19.6%+2.4%+17.1%2025-09-17
90 days+114.9%+3.7%+111.1%2025-11-17
180 days+335.1%+6.7%+328.4%2026-02-17

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"On August 18, 2025, the Audit and Risk Committee of the Board of Directors (the "Audit Committee") of the Company concluded, after considering the recommendations of management and discussing with the Company's independent registered public accounting firm, PricewaterhouseCoopers AS ("PwC"), that the Company's unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2025..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Auditor change

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.