[8-K] Via Renewables, Inc. Reports Material Event

Rhea-AI Filing Summary

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.

Insights

Capital Structure Analyst

Partial redemption of high-coupon preferred stock modestly reshapes capital structure with limited, mixed implications for different security holders.

Via Renewables plans a partial redemption of 258,565 shares of its 8.75% Series A Preferred Stock at $25.00 per share, plus declared and unpaid dividends, on December 18, 2025. This action retires a slice of relatively expensive, perpetual preferred capital and removes the associated dividend obligation on those redeemed shares after the redemption date. The redemption is partial rather than full, so the security remains outstanding for the non-redeemed shares.

For the company, redeeming a portion of 8.75% preferred can slightly lower ongoing preferred dividend outflows tied to the redeemed shares. Because this is a fixed-to-floating rate, cumulative, redeemable, perpetual instrument, reducing the balance can limit exposure to future rate-driven or cumulative dividend burdens on that portion of the capital stack. The filing does not describe how the redemption is funded, so the net economic effect depends on the cost of any replacement capital or cash usage.

For holders of the redeemed shares, the outcome is a return of capital at the stated redemption price plus any declared and unpaid dividends through, but not including, December 18, 2025. The key items to watch are whether the company undertakes additional redemptions of the same series or issues new securities with different terms over the coming quarters, which would further evolve its capital structure and dividend profile.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 18, 2025

Via Renewables, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware			001-36559			46-5453215
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(IRS Employer Identification Number)

    12140 Wickchester Ln, Ste 100

Houston, Texas 77079

(Address of Principal Executive Offices)

(Zip Code) 

(713) 600-2600

(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbols(s)			Name of exchange on which registered
8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share			VIASP			The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

Partial Redemption of 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock

On November 18, 2025, Via Renewables, Inc. (the “Company”) issued a press release announcing the redemption of 258,565 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock” or the “shares”), for a redemption price of $25.00 per share, plus any declared and unpaid dividends on the Series A Preferred Stock thereon to, but not including, the redemption date, which will be December 18, 2025. A copy of the press release is attached to this report as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number			Description
99.1			Press Release of Via Renewables, Inc., dated November 18, 2025
99.2			Notice of Partial Redemption
#			The Registrant agrees to furnish supplementary a copy of any schedules and exhibits to the Commission upon request.

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SIGNATURES

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.

Dated: November 18, 2025

Via Renewables, Inc.
By:			/s/ Mike Barajas
Name:			Mike Barajas
Title:			Chief Financial Officer

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FAQ

What did Via Renewables (VIASP) announce in this 8-K filing?

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 at $25.00 per share, plus declared and unpaid dividends.

How many VIASP preferred shares are being redeemed and at what price?

The company will redeem 258,565 shares of its 8.75% Series A preferred stock at a redemption price of $25.00 per share, in addition to any declared and unpaid dividends.

When is the redemption date for Via Renewables Series A preferred stock?

The redemption date for the partially redeemed 8.75% Series A preferred shares is December 18, 2025.

Does the Via Renewables VIASP redemption include dividends?

Yes. In addition to the $25.00 per share redemption price, holders will receive any declared and unpaid dividends on the Series A preferred shares up to, but not including, December 18, 2025.

What securities of Via Renewables are listed on The NASDAQ Global Select Market?

The listed security is Via Renewables 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, trading under the symbol VIASP.

Where can investors find more details on the VIASP partial redemption?

More details are provided in the companys press release and the Notice of Partial Redemption, which are included as Exhibits 99.1 and 99.2 to the report.