T1 Energy Files For Non- Timely 10-Q With U.S. SEC

Aug 15 (Reuters) - T1 Energy Inc TE.N:

• T1 ENERGY INC FILES FOR NON- TIMELY 10-Q WITH U.S. SEC

• T1 ENERGY-AMORTIZATION OF INTANGIBLE ASSETS RELATED TO CERTAIN CUSTOMER CONTRACTS OF $11.2M IMPROPERLY PRESENTED ON CO’S Q1 FINANCIAL STATEMENTS

• T1 ENERGY- CHANGE IN PRESENTATION OF NON-CASH AMORTIZATION DOES NOT HAVE ANY IMPACT ON CO’S NET LOSS, FINANCIAL POSITION, LIQUIDITY

• T1 ENERGY-ASSESSING RELATED EFFECTS OF ERRORS ON CO’S EVALUATION OF INTERNAL CONTROL OVER FINANCIAL REPORTING & ITS DISCLOSURE CONTROLS, PROCEDURES