TURBO ENERGY ANNOUNCES $3.25 MILLION REGISTERED DIRECT OFFERING WITH A SINGLE GLOBAL INSTITUTIONAL INVESTOR

Rhea-AI Summary

Turbo Energy (Nasdaq: TURB) entered a registered direct offering to sell 1,000,000 ADSs at $3.25 per ADS, with gross proceeds of approximately $3.25 million. Closing is expected on or about March 13, 2026, subject to customary conditions.

The company said net proceeds will fund working capital and general corporate purposes. A.G.P./Alliance Global Partners is sole placement agent. The ADSs are offered under an effective Form F-3 registration statement declared effective December 16, 2025.

Positive

• Gross proceeds of approximately $3.25 million
• Financing intended to strengthen the balance sheet
• Proceeds earmarked for working capital and corporate purposes

Negative

• Issuance of 1,000,000 ADSs implies shareholder dilution risk
• Net proceeds reduced by placement agent commissions and offering expenses
• Closing subject to customary conditions, creating execution uncertainty

News Market Reaction – TURB

+9.89%

24 alerts

+9.89% News Effect

+13.7% Peak Tracked

-27.0% Trough Tracked

+$4M Valuation Impact

$45M Market Cap

0.2x Rel. Volume

On the day this news was published, TURB gained 9.89%, reflecting a notable positive market reaction. Argus tracked a peak move of +13.7% during that session. Argus tracked a trough of -27.0% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $45M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

ADSs offered: 1,000,000 ADSs Offering price: $3.25 per ADS Gross proceeds: $3.25 million +5 more

8 metrics

ADSs offered 1,000,000 ADSs Registered direct offering to a single institutional investor

Offering price $3.25 per ADS Purchase price in registered direct offering

Gross proceeds $3.25 million Expected gross proceeds before fees and expenses

Pre-news price $3.74 Last price before offering announcement; up 7.78% over 24h

52-week range $0.5701 – $20.45 52-week low and high prior to this news

Shelf registration size $100,000,000 Form F-3 shelf filed Nov 12, 2025

Public float $31,501,711 Public float cited in F-3 as of Nov 11, 2025

Market cap $38,229,476 Market capitalization before the offering announcement

Market Reality Check

Price: $3.39 Vol: Volume 3,352,641 is 0.26x...

low vol

$3.39 Last Close

Volume Volume 3,352,641 is 0.26x the 20-day average of 13,019,474, indicating lighter-than-usual trading ahead of this offering. low

Technical Shares trade above the 200-day MA, with price at $3.74 versus MA(200) at $2.38 before the offering announcement.

Peers on Argus

TURB’s 7.78% pre-news gain occurred alongside momentum in peers: SPRU up 6.02% a...

2 Up

TURB’s 7.78% pre-news gain occurred alongside momentum in peers: SPRU up 6.02% and ASTI up 1.00%. Sector scanner flags a broader solar move with 2 peers moving up in the same direction.

Common Catalyst Peer moves appear sector-driven, with no same-day peer news headlines reported.

Historical Context

5 past events · Latest: Mar 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 02	Backlog update	Positive	+102.8%	Highlighted <b>$53M</b> signed backlog and <b>366 MWh</b> deployed/scheduled capacity.
Feb 09	Debt restructuring	Positive	+4.4%	Converted bank facilities into long-term loans totaling about <b>€4.87M</b>.
Jan 16	Nasdaq deficiency	Negative	-0.9%	Reported stockholders’ equity near <b>$1.5M</b>, below Nasdaq’s <b>$2.5M</b> minimum.
Nov 11	Tokenization pilot	Positive	-12.4%	Announced tokenized financing pilot targeting a <b>$74.43B</b> EaaS market.
Nov 05	H1 2025 results	Positive	-0.6%	Reported <b>51.2%</b> net result improvement and revenue of <b>€5.51M</b>.

Pattern Detected

Positive operational/financial updates often align with upward moves, while some growth or strategic news has seen negative price reactions.

Recent Company History

Over the past six months, Turbo Energy has alternated between balance-sheet actions and growth updates. A $53 million industrial backlog announcement on Mar 2, 2026 coincided with a 102.84% move, while a bank financing restructuring of about €4.87 million on Feb 9, 2026 also aligned positively. In contrast, tokenization and H1 2025 improvement news in late 2025 saw modest declines. The January Nasdaq minimum equity notice highlighted capital structure pressure that today’s registered direct offering directly addresses.

Regulatory & Risk Context

Active S-3 Shelf · $100,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-12

$100,000,000 registered capacity

The company has an effective Form F-3 shelf filed on Nov 12, 2025, registering up to $100,000,000 of securities (including ADSs, debt, warrants, rights, and units) for issuance over time. As of the provided data, reported shelf usage count is 0.

Market Pulse Summary

The stock moved +9.9% in the session following this news. A strong positive reaction aligns with rec...

Analysis

The stock moved +9.9% in the session following this news. A strong positive reaction aligns with recent interest in Turbo Energy’s growth story, including a $53 million backlog and financing initiatives. This registered direct offering of 1,000,000 ADSs at $3.25 adds capital but also new shares into the market. With an effective $100,000,000 F-3 shelf and a history of sharp moves, investors monitoring sustainability could focus on future capital raises and execution on booked projects.

Key Terms

registered direct offering, american depositary shares, placement agent, form f-3, +4 more

8 terms

registered direct offering financial

"ADSs at a purchase price of $3.25 per ADS in a registered direct offering."

A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.

american depositary shares financial

"for the purchase and sale of 1,000,000 of the Company’s American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

placement agent financial

"A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering."

A placement agent is a professional or firm that helps organizations raise money from investors, such as individuals, institutions, or funds. They act like matchmakers, connecting those seeking investments with the right investors and guiding the process to ensure successful funding. For investors, they can provide access to exclusive opportunities and help navigate complex fundraising efforts.

form f-3 regulatory

"pursuant to a registration statement on Form F-3 (File No. 333-291470)"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

registration statement regulatory

"pursuant to a registration statement on Form F-3 (File No. 333-291470)"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

prospectus supplement regulatory

"The offering is being made only by means of a prospectus supplement and accompanying prospectus"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

prospectus regulatory

"A prospectus supplement and the accompanying prospectus relating to the registered direct offering"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

u.s. securities and exchange commission regulatory

"which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”)"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

AI-generated analysis. Not financial advice.

VALENCIA, Spain, March 12, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of AI-optimized solar energy storage technologies and solutions, today announced that it has entered into a securities purchase agreement with a single global institutional investor for the purchase and sale of 1,000,000 of the Company’s American Depositary Shares (“ADSs”) at a purchase price of $3.25 per ADS in a registered direct offering. The gross proceeds from the offering are expected to be approximately $3.25 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about March 13, 2026, subject to the satisfaction of customary closing conditions. 

The financing strengthens the Company’s balance sheet and supports the continued expansion of Turbo Energy’s AI-driven solar energy storage and intelligent energy management solutions.

The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.

The ADSs offered to the institutional investor described above are being offered pursuant to a registration statement on Form F-3 (File No. 333-291470), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2025. The offering is being made only by means of a prospectus supplement and accompanying prospectus which are a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Additionally, when available, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Turbo Energy, S.A.

Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users across Europe, North America and South America to reduce dependence on traditional energy sources, lower electricity costs, and improve energy reliability. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A. For more information, please visit www.turbo-e.com.

Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual report under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information, please contact:                 
Dodi Handy, Director of Communications                 
Phone: 407-960-4636                                                

Email: dodihandy@turbo-e.com

FAQ

How many shares is Turbo Energy (TURB) selling in the March 12, 2026 offering?

Turbo Energy is offering 1,000,000 ADSs at $3.25 per ADS. According to the company, the registered direct offering is expected to yield approximately $3.25 million in gross proceeds before fees and expenses.

When will the Turbo Energy (TURB) registered direct offering close?

The offering is expected to close on or about March 13, 2026, subject to customary closing conditions. According to the company, final closing depends on satisfaction of those conditions and completion of administrative steps.

What will Turbo Energy (TURB) use the proceeds from the $3.25 million offering for?

The company intends to use net proceeds for working capital and general corporate purposes. According to the company, the financing is intended to strengthen the balance sheet and support expansion efforts.

Who is the placement agent for Turbo Energy's (TURB) registered direct offering?

A.G.P./Alliance Global Partners is acting as the sole placement agent. According to the company, A.G.P. will handle placement and distribution of offering materials to the institutional investor.

Under what registration is Turbo Energy (TURB) offering the ADSs?

The ADSs are offered under a Form F-3 registration statement (File No. 333-291470) declared effective December 16, 2025. According to the company, the offering will be made via a prospectus supplement and accompanying prospectus.