ADS-TEC Energy plc $(ADSE)$, a leader in battery-based energy storage and ultra-fast EV charging solutions, has announced a successful completion of a $50 million registered direct offering. The transaction, fully subscribed and closed on May 2, 2025, involves a senior secured convertible note due 2028, disbursed in two tranches of $15 million and $35 million. This capital will support ADS-TEC Energy's strategic expansion across Europe and North America, focusing on developing a full-service provider model with multi-revenue streams from ultra-fast charging, energy trading, and advertising. The company plans to use the net proceeds for general corporate purposes, aiming to establish a sustainable, recurring revenue model. D. Boral Capital acted as the exclusive placement agent for the offering.
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