T1 Energy is trading at $4.22 (-5.06%) after an August 28 filing registered 32.3 million shares for potential resale upon convertible-note conversion.
- The filing does not itself confirm shares are being sold, but it heightened dilution and supply-overhang concerns.
- Major U.S. indices are lower in a broader risk-off market, though the resale registration is the clearest company-specific catalyst.
- T1 Energy previously closed at $4.45 on August 31, down 7.10%.