On June 30, T1 Energy rose 8.22% in regular trading, trading at $9.55/share, with turnover of $83.81 million.

On the news front, the company previously announced a $32 million acquisition of Kore Power, with the transaction expected to be completed in the second quarter. The acquisition will give T1 Energy entry into the energy storage and AI data center infrastructure market through Kore's NRI division, which focuses on utility-scale battery energy storage systems. The deal also includes a potential additional $9.6 million equity-based earn-out tied to performance over the next two years.

Additionally, T1 Energy reported a Q1 net loss of $0.08 per share, significantly better than the market consensus estimate of a $0.17 loss, indicating continued improvement in fundamentals. Multiple positive catalysts are converging to drive the stock higher.

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