Welcome to our dedicated page for Via Renewables SEC filings (Ticker: VIASP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Via Renewables, Inc. filings document material events for its retail energy business, capital structure, and VIASP preferred stock. Recent Form 8-K reports cover partial redemptions of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, including redemption pricing, declared and unpaid dividend treatment, DTC book-entry processing, and related press-release exhibits.
The filing record also includes senior secured credit facility disclosures involving Via Renewables, Spark Holdco, and subsidiary co-borrowers. These reports describe revolving borrowing capacity, working-capital and acquisition funding uses, letters of credit, swingline loans, maturity terms, lender arrangements, interest-rate mechanics, and leverage-based borrowing spreads.
Via Renewables, Inc. plans to redeem 1,884,935 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock at $25.00 per share in cash, plus $0.59928 per share of accumulated and unpaid dividends. The redemption is scheduled for June 30, 2026 and will be processed through The Depository Trust Company, with Equiniti Trust Company acting as transfer agent. A press release and formal notice of redemption outline the procedures for holders whose shares are held in book-entry form.
Via Renewables, Inc. entered into a new senior secured revolving credit facility providing up to $300.0 million in borrowing capacity for working capital, acquisitions, swingline loans and letters of credit. The facility matures on May 6, 2029 and replaces the company’s prior credit agreement.
Borrowings accrue interest at a Base Rate plus 1.75%–2.25% or Term SOFR plus 2.75%–3.25%, with a minimum overall rate of 1.0% per year, and a 0.375% non-utilization fee on undrawn commitments. Key covenants include a minimum fixed charge coverage ratio of 1.25x and maximum total leverage of 3.00x Adjusted EBITDA, plus customary negative covenants.
The facility is secured by substantially all assets and equity of the co-borrowers and their subsidiaries and limits dividends unless leverage, covenant compliance and borrowing base conditions are met. A change-of-control default occurs if W. Keith Maxwell III ceases to beneficially own at least 51% of the combined Class A and Class B common stock. The company also put in place a related-party subordinated promissory note allowing advances up to $25.0 million from Retailco, LLC through November 6, 2029.
Via Renewables, Inc. reports Q1 2026 results showing higher sales but sharply lower profit. Total revenues rose to $159.0 million from $142.3 million, driven by increased retail electricity and natural gas revenues and a net asset optimization gain.
Operating income dropped to $4.8 million from $24.8 million as retail cost of revenues jumped to $132.6 million and interest expense increased. Net income declined to $1.7 million from $18.5 million, with net income attributable to Class A stockholders down to $0.5 million, or $0.12 basic EPS.
Cash from operating activities was $9.4 million, and cash and cash equivalents increased to $50.6 million. Long‑term debt under the Senior Credit Facility rose to $130.0 million. The company redeemed 232,708 shares of its Series A Preferred Stock for about $5.9 million and continued paying quarterly preferred dividends.
Via Renewables, Inc. filed an amended annual report to add detailed Part III information on directors, executive compensation, ownership and related-party transactions for 2025. The company is a NASDAQ “controlled company” because W. Keith Maxwell III indirectly owns all Class A and Class B common stock.
Its four-person board has three independent directors and a single standing Audit Committee, which includes three “audit committee financial experts.” As CEO, Maxwell receives a symbolic $1 base salary, total 2025 compensation of $26,718, and a very low CEO pay ratio of 0.3:1 versus median employee pay of $78,974.
For 2025, CFO Miguel “Mike” Barajas earned total compensation of $527,705, and COO Paul Konikowski earned $941,177, including sizeable annual cash bonuses. The filing also outlines change-in-control and severance terms for Barajas and Konikowski, an SEC- and NASDAQ-compliant clawback policy, and the structure of significant related-party arrangements with Spark HoldCo, Retailco and other affiliates.
Via Renewables, Inc. is redeeming 209,437 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, approximately 10% of the series. The shares will be redeemed on May 20, 2026 at $25.00 per share in cash plus $0.25271 per share of accumulated and unpaid dividends.
The Series A Preferred Stock is held in book-entry form through The Depository Trust Company, and the redemption will follow DTC procedures. Payment to DTC will be made by Equiniti Trust Company, the transfer agent, following a Notice of Partial Redemption sent to holders.
Via Renewables, Inc. is an independent retail energy provider that supplies electricity and natural gas to residential and commercial customers across 106 utility territories in 21 states and Washington, D.C. As of December 31, 2025 it served about 421,000 residential customer equivalents.
The company operates through retail electricity and retail natural gas segments, selling fixed- and variable-price plans, including green products backed by renewable energy credits and carbon offsets. Growth comes from both organic sales and multiple customer-portfolio acquisitions completed between 2021 and 2025.
In June 2024 Via completed a merger that left founder and CEO W. Keith Maxwell III and his affiliates owning all Class A and Class B common stock; the common stock stopped trading on NASDAQ, while Series A Preferred Stock remains listed. The report highlights extensive risks, including volatile commodity prices and weather, stricter state regulation such as Maryland SB1, decarbonization policies, customer credit risk, TCPA-related telemarketing exposure, cyber and data-privacy threats, and dependence on regulatory licenses and credit facilities.
Via Renewables, Inc. announced a partial redemption of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock. The company will redeem 232,708 shares at a redemption price of $25.00 per share, plus any declared and unpaid dividends up to, but not including, the redemption date.
The redemption is scheduled to occur on February 17, 2026. Details of the transaction and the formal notice of partial redemption are provided in a press release and related notice that are referenced as exhibits to the report.
Via Renewables, Inc. announced a partial redemption of 258,565 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock. The shares will be redeemed at a price of $25.00 per share, plus any declared and unpaid dividends up to, but not including, the redemption date.
The redemption date is set for December 18, 2025, and the company has issued a press release and formal notice describing the partial redemption. This action reduces the outstanding amount of this preferred stock series and returns capital to holders of the redeemed shares.
Via Renewables, Inc. filed its Q3 2025 report, showing total revenues of $103.329 million for the quarter versus $93.774 million a year ago. Operating income was $3.252 million (vs. $5.000 million), with net income of $0.400 million. After preferred dividends, Class A posted a basic and diluted loss per share of $0.41 (vs. $0.17 loss).
For the first nine months, revenues were $335.615 million (vs. $294.526 million), operating income $34.148 million (vs. $51.348 million), and net income $22.018 million. Cash from operations was $46.309 million. Cash and cash equivalents were $53.627 million as of September 30, 2025, with the Senior Credit Facility at $105.000 million.
The company paid $2.305 million in Q3 preferred dividends and executed preferred stock actions in 2025, including redemptions of 168,008, 319,216, and 287,294 shares. Shares outstanding as of November 4, 2025 were 3,792,493 Class A, 3,530,836 Class B, and 2,585,645 Series A Preferred.
Via Renewables, Inc. is carrying out a partial redemption of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock. The company will redeem 287,294 Series A preferred shares at a redemption price of $25.00 per share.
Holders will also receive any declared and unpaid dividends on these preferred shares up to, but not including, the redemption date of October 15, 2025. The action applies only to a portion of the outstanding Series A preferred stock, not the entire series.