IPO - Ads-Tec Energy Public Ltd Co
Form Type: F-3/A
Filing Date: 2025-03-13
Corporate Action: Ipo
Type: Update
Accession Number: 000121390025023747
Filing Summary: ADS-TEC Energy Public Limited Company has filed Amendment No. 2 to Form F-3, a registration statement under the Securities Act of 1933, with the U.S. SEC on March 13, 2025. The offering allows for the sale of up to $250 million of ordinary shares, preferred shares, debt securities, and other financial instruments. This registration includes a base prospectus for novel securities and a secondary offering prospectus for up to 10,516,670 ordinary shares related to warrants acquired by selling securityholders. The company identifies itself as an emerging growth company and foreign private issuer, which provides it certain reporting exemptions. The ordinary shares are listed on Nasdaq under the symbol 'ADSE', with a closing price of $14.67 per share recorded on March 11, 2025. The effective date of the registration statement is contingent upon the filing of subsequent amendments. The prospectus highlights potential risks associated with investment and emphasizes the need for careful evaluation before purchasing securities. Investing in ADS-TEC Energy involves inherent risks, as discussed in the risk factors of the document.
Document Link: View Document
Additional details:
Approximate Date Of Commencement Of Proposed Sale To The Public: From time to time after the effective date of this registration statement
Total Value Of Securities Registered: $250,000,000
Number Of Ordinary Shares Offered In Secondary Offering: 10,516,670
Last Closing Sale Price: $14.67
Principal Executive Office Address: 10 Earlsfort Terrace, Dublin 2, D02 T380, Ireland
Agent For Service Name: Cogency Global Inc.
Agent For Service Address: 122 East 42nd Street, 18th Floor, New York, NY 10168
Emerging Growth Company Status: Yes
Form Type: F-3
Filing Date: 2025-02-12
Corporate Action: Ipo
Type: New
Accession Number: 000121390025012322
Filing Summary: Ads-Tec Energy Public Ltd Company has filed a registration statement on Form F-3 with the U.S. Securities and Exchange Commission to offer securities worth up to $250,000,000. This includes ordinary shares, preferred shares, debt securities, warrants, rights, purchase contracts, and/or units on a delayed or continuous basis. The offering aims to raise capital for its business operations in energy technology platforms which facilitate EV charging and energy management. The document details two prospectuses: a base prospectus for $250,000,000 in various securities and a secondary offering prospectus allowing selling security holders to offer approximately 10.5 million ordinary shares associated with warrants. The company's ordinary shares are listed on Nasdaq under the symbol “ADSE”. This filing indicates a strategy to utilize a shelf registration process, providing the flexibility to issue securities over time as market conditions permit. Ads-Tec Energy PLC is identified as an emerging growth company and a foreign private issuer under U.S. federal securities laws, allowing them to benefit from reduced reporting requirements.
Document Link: View Document
Additional details:
Address: 10 Earlsfort Terrace, Dublin 2, D02 T380, Ireland
Telephone Number: +353 1 920 1000
Offering Amount: $250,000,000
Security Type: ordinary shares, preferred shares, debt securities, warrants, rights, purchase contracts, units
Closing Price: $14.54
Exchange: Nasdaq
Symbol: ADSE
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