STOCK TITAN

[6-K] Ads-Tec Energy Public Ltd Co Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

ADS-TEC Energy PLC delivered a conditional notice of optional redemption for its Senior Secured Convertible Notes due 2028, with the redemption to take effect on November 18, 2025.

As of the notice date, $26,207,978 in aggregate Conversion Amount remained outstanding. The notice is freely revocable and conditioned on maintaining a pro forma minimum liquidity of $5,000,000 after the redemption. The company expects to fund the redemption with cash on hand and borrowing of up to $10,000,000 under its revolving credit line pursuant to the Second Amended and Restated Secured Promissory Note dated April 30, 2025, in favor of The Lucerne Capital Master Fund, L.P. The company states there is no assurance the redemption will be completed on the date specified or at all.

ADS-TEC Energy PLC ha inviato un avviso condizionato di riscatto opzionale per i suoi Senior Secured Convertible Notes in scadenza nel 2028, con il riscatto che avrà effetto il 18 novembre 2025.

Alla data dell'avviso, €26.207.978 in importo di Conversion Amount complessivo rimaneva in sospeso. L'avviso è liberamente revocabile e condizionato al mantenimento di una liquidità minima pro forma di $5.000.000 dopo il riscatto. L'azienda prevede di finanziare il riscatto con contanti disponibili e con un indebitamento fino a $10.000.000 nell'ambito della sua linea di credito rotativa ai sensi della Second Amended and Restated Secured Promissory Note datata 30 aprile 2025, a favore di The Lucerne Capital Master Fund, L.P. L'azienda dichiara che non vi è alcuna garanzia che il riscatto sia completato nella data specificata o affatto.

ADS-TEC Energy PLC entregó un aviso condicional de redención opcional para sus Notas Convertibles Senior Secured con vencimiento en 2028, con la redención a efecto el 18 de noviembre de 2025.

A la fecha del aviso, quedaba $26,207,978 como Monto Total de Conversión pendiente. El aviso es libremente revocable y está condicionado al mantenimiento de una liquidez mínima pro forma de $5,000,000 tras la redención. La empresa espera financiar la redención con efectivo disponible y un endeudamiento de hasta $10,000,000 bajo su línea de crédito revolvente conforme a la Second Amended and Restated Secured Promissory Note fechada el 30 de abril de 2025, a favor de The Lucerne Capital Master Fund, L.P. La empresa declara que no hay garantía de que la redención se complete en la fecha especificada o en absoluto.

ADS-TEC Energy PLC은 2028년 만기인 Senior Secured Convertible Notes의 선택적 상환에 대한 조건부 공지를 발표했으며, 이 상환은 2025년 11월 18일에 시행됩니다.

공시일 현재, $26,207,978의 총 변환 금액이 남아 있습니다. 이 공지는 자유롭게 취소할 수 있으며, 상환 후 프로 포르마 최소 유동성 $5,000,000를 유지하는 것을 조건으로 합니다. 회사는 현금 보유 및 2025년 4월 30일 자로 발행된 Second Amended and Restated Secured Promissory Note에 따라 The Lucerne Capital Master Fund, L.P.를 수혜자로 하여, 신용 한도 내 최대 $10,000,000의 차입으로 상환을 자금 조달할 것으로 예상합니다. 회사는 지정된 날짜에 상환이 완료될 보장이 없다고 밝힙니다.

ADS-TEC Energy PLC a délivré un avis conditionnel de rachat optionnel pour ses Obligations Convertibles Garanties Seniors arrivant à échéance en 2028, le rachat devant prendre effet le 18 novembre 2025.

À la date de l'avis, le Montant de Conversion total était encore en circulation à hauteur de $26,207,978. L'avis est librement révocable et conditionné au maintien d'une liquidité minimale pro forma de $5,000,000 après le rachat. L'entreprise prévoit financer le rachat par les liquidités disponibles et par un emprunt d'un montant maximal de $10,000,000 sur sa ligne de crédit renouvelable conformément au Second Amended and Restated Secured Promissory Note daté du 30 avril 2025, en faveur de The Lucerne Capital Master Fund, L.P. L'entreprise déclare qu'il n'y a aucune garantie que le rachat sera effectué à la date spécifiée ou du tout.

ADS-TEC Energy PLC hat eine bedingte Mitteilung über eine optionale Einlösung für seine Senior Secured Convertible Notes fällig 2028 versendet, wobei die Einlösung am 18. November 2025 wirksam wird.

Zum Datum des Hinweises blieben $26,207,978 kumuliert als Convert Amount ausstehend. Der Hinweis ist frei widerruflich und bedingt die Aufrechterhaltung einer pro forma Mindestliquidität von $5,000,000 nach der Einlösung. Das Unternehmen erwartet, die Einlösung mit verfügbaren Mitteln und einer Kreditaufnahme von bis zu $10,000,000 aus seiner revolvierenden Kreditlinie gemäß dem am 30. April 2025 datierten, zweiten geänderten und fortgeführten gesicherten Schuldschein zugunsten von The Lucerne Capital Master Fund, L.P. zu finanzieren. Das Unternehmen erklärt, dass es keine Gewähr dafür gibt, dass die Einlösung am angegebenen Datum oder überhaupt abgeschlossen wird.

ADS-TEC Energy PLC قد قدّمت إشعاراً شرطياً بالشراء الاختياري لسنداتها القابلة للتحويل المضمونة العليا المستحقة في 2028، مع سريان الشراء اعتباراً من 18 نوفمبر 2025.

حتى تاريخ الإشعار، بقي $26,207,978 كإجمالي قيمة التحويل المتبقية. الإشعار قابل للسحب بحرية ومشروط بالحفاظ على سيولة دنيا وفق معيار pro forma قدره $5,000,000 بعد الشراء. تتوقع الشركة تمويل الشراء من النقد المتاح وقبول اقتراض حتى $10,000,000 بموجب خط ائتمان دوّار وفقاً لـ Second Amended and Restated Secured Promissory Note المؤرّخ 30 أبريل 2025، لصالح The Lucerne Capital Master Fund, L.P. وتذكر الشركة أنه لا توجد ضمانات بأن يتم إتمام الشراء في التاريخ المحدد أو على الإطلاق.

Positive
  • None.
Negative
  • None.

Insights

Conditional, revocable note redemption signaled; funding sources identified.

ADS-TEC Energy has signaled intent to redeem its Senior Secured Convertible Notes due 2028, citing an outstanding aggregate Conversion Amount of $26,207,978. The planned effective date is November 18, 2025, but the notice is both conditional and freely revocable by the company.

The condition requires pro forma minimum liquidity of $5,000,000 after redemption. Funding is expected from cash on hand and up to $10,000,000 drawn on a revolving credit line under a note dated April 30, 2025 in favor of The Lucerne Capital Master Fund, L.P.

Actual impact depends on completion; the company notes there is no assurance the redemption occurs on the date stated or at all. Subsequent filings may provide confirmation of execution and post-transaction liquidity.

ADS-TEC Energy PLC ha inviato un avviso condizionato di riscatto opzionale per i suoi Senior Secured Convertible Notes in scadenza nel 2028, con il riscatto che avrà effetto il 18 novembre 2025.

Alla data dell'avviso, €26.207.978 in importo di Conversion Amount complessivo rimaneva in sospeso. L'avviso è liberamente revocabile e condizionato al mantenimento di una liquidità minima pro forma di $5.000.000 dopo il riscatto. L'azienda prevede di finanziare il riscatto con contanti disponibili e con un indebitamento fino a $10.000.000 nell'ambito della sua linea di credito rotativa ai sensi della Second Amended and Restated Secured Promissory Note datata 30 aprile 2025, a favore di The Lucerne Capital Master Fund, L.P. L'azienda dichiara che non vi è alcuna garanzia che il riscatto sia completato nella data specificata o affatto.

ADS-TEC Energy PLC entregó un aviso condicional de redención opcional para sus Notas Convertibles Senior Secured con vencimiento en 2028, con la redención a efecto el 18 de noviembre de 2025.

A la fecha del aviso, quedaba $26,207,978 como Monto Total de Conversión pendiente. El aviso es libremente revocable y está condicionado al mantenimiento de una liquidez mínima pro forma de $5,000,000 tras la redención. La empresa espera financiar la redención con efectivo disponible y un endeudamiento de hasta $10,000,000 bajo su línea de crédito revolvente conforme a la Second Amended and Restated Secured Promissory Note fechada el 30 de abril de 2025, a favor de The Lucerne Capital Master Fund, L.P. La empresa declara que no hay garantía de que la redención se complete en la fecha especificada o en absoluto.

ADS-TEC Energy PLC은 2028년 만기인 Senior Secured Convertible Notes의 선택적 상환에 대한 조건부 공지를 발표했으며, 이 상환은 2025년 11월 18일에 시행됩니다.

공시일 현재, $26,207,978의 총 변환 금액이 남아 있습니다. 이 공지는 자유롭게 취소할 수 있으며, 상환 후 프로 포르마 최소 유동성 $5,000,000를 유지하는 것을 조건으로 합니다. 회사는 현금 보유 및 2025년 4월 30일 자로 발행된 Second Amended and Restated Secured Promissory Note에 따라 The Lucerne Capital Master Fund, L.P.를 수혜자로 하여, 신용 한도 내 최대 $10,000,000의 차입으로 상환을 자금 조달할 것으로 예상합니다. 회사는 지정된 날짜에 상환이 완료될 보장이 없다고 밝힙니다.

ADS-TEC Energy PLC a délivré un avis conditionnel de rachat optionnel pour ses Obligations Convertibles Garanties Seniors arrivant à échéance en 2028, le rachat devant prendre effet le 18 novembre 2025.

À la date de l'avis, le Montant de Conversion total était encore en circulation à hauteur de $26,207,978. L'avis est librement révocable et conditionné au maintien d'une liquidité minimale pro forma de $5,000,000 après le rachat. L'entreprise prévoit financer le rachat par les liquidités disponibles et par un emprunt d'un montant maximal de $10,000,000 sur sa ligne de crédit renouvelable conformément au Second Amended and Restated Secured Promissory Note daté du 30 avril 2025, en faveur de The Lucerne Capital Master Fund, L.P. L'entreprise déclare qu'il n'y a aucune garantie que le rachat sera effectué à la date spécifiée ou du tout.

ADS-TEC Energy PLC hat eine bedingte Mitteilung über eine optionale Einlösung für seine Senior Secured Convertible Notes fällig 2028 versendet, wobei die Einlösung am 18. November 2025 wirksam wird.

Zum Datum des Hinweises blieben $26,207,978 kumuliert als Convert Amount ausstehend. Der Hinweis ist frei widerruflich und bedingt die Aufrechterhaltung einer pro forma Mindestliquidität von $5,000,000 nach der Einlösung. Das Unternehmen erwartet, die Einlösung mit verfügbaren Mitteln und einer Kreditaufnahme von bis zu $10,000,000 aus seiner revolvierenden Kreditlinie gemäß dem am 30. April 2025 datierten, zweiten geänderten und fortgeführten gesicherten Schuldschein zugunsten von The Lucerne Capital Master Fund, L.P. zu finanzieren. Das Unternehmen erklärt, dass es keine Gewähr dafür gibt, dass die Einlösung am angegebenen Datum oder überhaupt abgeschlossen wird.

ADS-TEC Energy PLC قد قدّمت إشعاراً شرطياً بالشراء الاختياري لسنداتها القابلة للتحويل المضمونة العليا المستحقة في 2028، مع سريان الشراء اعتباراً من 18 نوفمبر 2025.

حتى تاريخ الإشعار، بقي $26,207,978 كإجمالي قيمة التحويل المتبقية. الإشعار قابل للسحب بحرية ومشروط بالحفاظ على سيولة دنيا وفق معيار pro forma قدره $5,000,000 بعد الشراء. تتوقع الشركة تمويل الشراء من النقد المتاح وقبول اقتراض حتى $10,000,000 بموجب خط ائتمان دوّار وفقاً لـ Second Amended and Restated Secured Promissory Note المؤرّخ 30 أبريل 2025، لصالح The Lucerne Capital Master Fund, L.P. وتذكر الشركة أنه لا توجد ضمانات بأن يتم إتمام الشراء في التاريخ المحدد أو على الإطلاق.

ADS-TEC Energy PLC 已发出有条件的可选赎回通知,针对其于2028年到期的高级担保可转债,赎回将于2025年11月18日生效。

截至通知日,$26,207,978的总转股金额仍未偿付。该通知可自由撤销,并以赎回后维持充足的前瞻性最低流动性至少$5,000,000为条件。公司预计以手头现金及最高$10,000,000的循环信用额度借款来资助赎回,依据2025年4月30日签署的Second Amended and Restated Secured Promissory Note,受益方为The Lucerne Capital Master Fund, L.P.。公司声明并无保证赎回能在指定日期或根本完成。

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO SECTION 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

Commission file number: 001-41188

 

ADS-TEC Energy Public Limited Company

(Translation of registrant’s name into English)

 

10 Earlsfort Terrace

Dublin 2, D02 T380, Ireland

Telephone: +353 1 920 1000

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F      Form 40-F

 

 

 

 

 

 

CONTENTS

 

Redemption Notice for Senior Secured Convertible Notes

 

On October 21, 2025, ads-tec Energy PLC (the “Company”) delivered a conditional notice of optional redemption (the “Company Optional Redemption Notice”, and the redemption, the “Redemption”) to the holders of its outstanding Senior Secured Convertible Notes due 2028 (the “Notes”), with the Redemption to take effect on November 18, 2025. As of the delivery of the Company Optional Redemption Notice, $26,207,978 in aggregate Conversion Amount (as such term is defined in the Notes) remained outstanding. The Company Optional Redemption Notice, which is freely revocable by the Company, also is conditioned on the Company maintaining a pro forma minimum liquidity of $5,000,000 following the Redemption, which condition may be waived by the Company at any time in the Company’s sole discretion. The Redemption is expected to be funded with cash on hand and borrowing of up to $10,000,000 on the revolving credit line pursuant to the Second Amended and Restated Secured Promissory Note, dated as of April 30, 2025, issued by the Company in favor of The Lucerne Capital Master Fund, L.P. No assurance can be given that the Redemption will be completed on the date specified or at all.

 

Incorporation by Reference

 

The information furnished in this Report on Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-262281, 333-276788 and 333-284850) and Form S-8 (File No. 333-263153).

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

 

This Form 6-K includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “hope,” “predict,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include the Company’s expectations with respect to future performance and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may cause such differences include but are not limited to risks and uncertainties incorporated by reference under “Risk Factors” in the Company’s Form 20-F (SEC File No. 001-41188) filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 12, 2025 and in the Company’s other filings with the SEC. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

Date: October 22, 2025 ADS-TEC ENERGY PLC
     
  By: /s/ Thomas Speidel
    Name: Thomas Speidel
    Title: Chief Executive Officer

 

2

 

 

FAQ

What did ADSE announce regarding its notes?

ADS-TEC Energy delivered a conditional notice of optional redemption for its Senior Secured Convertible Notes due 2028, targeting effectiveness on November 18, 2025.

How much of ADSE’s notes remain outstanding under the Conversion Amount?

$26,207,978 in aggregate Conversion Amount remained outstanding as of the notice delivery.

What liquidity condition applies to ADSE’s planned redemption?

The redemption is conditioned on maintaining a pro forma minimum liquidity of $5,000,000 after the transaction.

How does ADSE expect to fund the redemption?

With cash on hand and borrowing of up to $10,000,000 on its revolving credit line under a note dated April 30, 2025 in favor of The Lucerne Capital Master Fund, L.P.

Is the redemption guaranteed to occur on the stated date?

No. The company states there is no assurance the redemption will be completed on the date specified or at all.

Can ADSE revoke the redemption notice?

Yes. The notice is freely revocable by the company.
Ads-Tec Energy PLC

NASDAQ:ADSE

ADSE Rankings

ADSE Latest News

ADSE Latest SEC Filings

ADSE Stock Data

575.55M
28.68M
51.51%
49.43%
0.26%
Electrical Equipment & Parts
Industrials
Link
Ireland
Dublin