ADS-TEC Energy plc Completes $27.9 Million Redemption of Senior Secured Convertible Notes
Reuters
Nov 20, 2025
ADS-TEC Energy plc Completes $27.9 Million Redemption of Senior Secured Convertible Notes
ADS-TEC Energy plc has announced the full redemption of its outstanding Senior Secured Convertible Notes due 2028. The company paid $27.9 million in cash to satisfy its obligations under the notes as of November 19, 2025. Following the redemption, the notes have been fully extinguished and all related liens released. The company now has 60,122,536 ordinary shares outstanding, with approximately $4.5 million in cash and cash equivalents and $7.5 million available under its revolving line of credit. Warrants issued in connection with the notes remain outstanding.
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