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Via Renewables (NASDAQ: VIASP) to redeem 1.88M Series A preferred shares at $25

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

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.

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Insights

Via Renewables is retiring a full preferred stock series for cash.

Via Renewables disclosed it will redeem 1,884,935 shares of its 8.75% Series A preferred stock at $25.00 per share plus $0.59928 of accumulated dividends per share on June 30, 2026. This removes an outstanding preferred equity layer with a relatively high coupon.

The transaction implies a cash outflow equal to the aggregate redemption price and dividends, replacing ongoing preferred dividends with an immediate capital use. The filing does not specify funding sources or the impact on liquidity, so the net effect on financial flexibility depends on the company’s broader balance sheet.

Execution will follow standard book-entry procedures through DTC, with Equiniti as transfer agent. Subsequent filings may provide additional detail on post-redemption capital structure, debt levels, or any new financing used to support the redemption.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Preferred shares to be redeemed 1,884,935 shares 8.75% Series A preferred stock scheduled for redemption June 30, 2026
Redemption price per share $25.00 per share Cash consideration for each Series A preferred share redeemed
Accumulated dividends per share $0.59928 per share Accumulated and unpaid dividends paid in addition to redemption price
Dividend rate 8.75% Fixed-to-floating rate on Series A cumulative redeemable perpetual preferred stock
Redemption date June 30, 2026 Date to, but not including which, dividends accrue for redeemed shares
Transfer agent contact number 718-921-8317 Equiniti Trust Company phone number for redemption procedure information
Cumulative Redeemable Perpetual Preferred Stock financial
"8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share"
A cumulative redeemable perpetual preferred stock is a type of ownership share that pays fixed dividends forever unless the company stops them, and any missed dividends accumulate and must be paid later. It can be redeemed (bought back) by the issuer at specified times or prices, so it behaves partly like a long-term loan; investors care because it sits ahead of common shares for payments and can affect a company’s cash needs and perceived credit risk.
Fixed-to-Floating Rate financial
"8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock"
A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.
book-entry form financial
"All shares of Series A Preferred Stock are issued in book-entry form only through the facilities of The Depository Trust Company"
A book-entry form is an electronic record showing ownership of securities instead of a paper certificate; think of it like a bank account ledger that notes who owns shares. It matters to investors because it makes buying, selling and transferring securities faster, safer and cheaper by reducing paperwork, loss or forgery risk, and enabling easier settlement through brokers or a central depository.
The Depository Trust Company financial
"book-entry form only through the facilities of The Depository Trust Company (“DTC”)"
The Depository Trust Company is a large organization that safely manages and keeps electronic records of ownership for stocks, bonds, and other securities. It acts like a digital warehouse, making it easier and faster for investors to buy, sell, and transfer investments without needing physical paper certificates. This helps ensure transactions are secure, accurate, and completed smoothly.
forward-looking statements regulatory
"This press release contains forward-looking statements that are subject to a number of risks and uncertainties"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors regulatory
"the “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
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0001606268FALSE00016062682026-06-012026-06-01


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): June 1, 2026
    
Via Renewables, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware001-3655946-5453215
(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 classTrading 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
VIASPThe 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.

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

On June 1, 2026, Via Renewables, Inc. (the “Company”) issued a press release announcing the redemption of 1,884,935 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 June 30, 2026. 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 NumberDescription
99.1
Press Release of Via Renewables, Inc., dated June 1, 2026
99.2
Notice of Redemption
#The Registrant agrees to furnish supplementary a copy of any schedules and exhibits to the Commission upon request.

























    2





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: June 1, 2026

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




    3
                Exhibit 99.1
VIA RENEWABLES ANNOUNCES A REDEMPTION OF 1,884,935 SHARES OF ITS 8.75% SERIES A FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PERPETUAL PREFERRED STOCK
HOUSTON, TX / ACCESS Newswire / June 1, 2026 / Via Renewables, Inc. (“Via Renewables” or the “Company”) (NASDAQ:VIASP), an independent retail energy services company, announced today that it will redeem 1,884,935 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”), at a redemption price equal to $25.00 per share in cash, plus $0.59928 per share of accumulated and unpaid dividends thereon (the “Redemption Price”) to, but not including, the redemption date of June 30, 2026 (the “Redemption”).

All shares of Series A Preferred Stock are issued in book-entry form only through the facilities of The Depository Trust Company (“DTC”). Accordingly, the redemption of the Series A Preferred Stock, including payment of the redemption price, will be completed according to DTC’s procedures. A Notice of Redemption will be given today to the holders of Series A Preferred Stock. Payment to DTC for the Series A Preferred Stock so redeemed will be made by Equiniti Trust Company (“Equiniti”), as transfer agent. Additional information related to the Redemption procedures, including copies of the Notice of Redemption, may be obtained from Equiniti by calling 718-921-8317.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. These forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), can be identified by the use of forward-looking terminology including “may,” “should,” “could,” “likely,” “will,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “plan,” “intend,” “project,” or other similar words. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The forward-looking statements include statements regarding the impacts of Winter Storm Uri, cash flow generation and liquidity, business strategy, prospects for growth and acquisitions, outcomes of legal proceedings, the timing, availability, ability to pay and amount of cash dividends on our Series A Preferred Stock, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans, objectives, beliefs of management, availability and terms of capital, competition, government regulation and general economic conditions. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurance that such expectations will prove correct.
The forward-looking statements in this press release are subject to risks and uncertainties. Important factors that could cause actual results to materially differ from those projected in the forward-looking statements include, but are not limited to:
changes in commodity prices, the margins we achieve, and interest rates;
the sufficiency of risk management and hedging policies and practices;
the impact of extreme and unpredictable weather conditions, including hurricanes, heat waves and other natural disasters;
federal, state and local regulations, including the industry’s ability to address or adapt to potentially restrictive new regulations that may be enacted by public utility commissions;
our ability to borrow funds and access credit markets;
restrictions and covenants in our debt agreements and collateral requirements;


                Exhibit 99.1
credit risk with respect to suppliers and customers;
our ability to acquire customers and actual attrition rates;
changes in costs to acquire customers;
accuracy of billing systems;
our ability to successfully identify, complete, and efficiently integrate acquisitions into our operations;
significant changes in, or new changes by, the independent system operators (“ISOs”) in the regions we operate;
risks related to our recently completed Merger (as defined below) including the outcome of any legal proceedings, regulatory proceedings or enforcement matters that may be instituted against us and others relating to the Merger or otherwise, the impact of the Merger on our operations and the amount of the costs, fees, expenses and charges related to Merger;
competition; and
the “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Quarterly Reports on Form 10-Q, and other public filings and press releases.
You should review the risk factors and other factors noted throughout this press release that could cause our actual results to differ materially from those contained in any forward-looking statement. All forward-looking statements speak only as of the date of this press release. Unless required by law, we disclaim any obligation to publicly update or revise these statements whether as a result of new information, future events or otherwise. It is not possible for us to predict all risks, nor can we assess the impact of all factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
ABOUT VIA RENEWABLES, INC.
Via Renewables, Inc. is an independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity under our well-established and well-regarded brands, including Spark Energy, Major Energy, Provider Power, and Verde Energy. Headquartered in Houston, Texas, Via Renewables currently operates in 21 states and DC and serves 106 utility territories. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives.
We use our website as a means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD. Investors should note that new materials, including press releases, updated investor presentations, and financial and other filings with the Securities and Exchange Commission are posted on the Via Renewables Investor Relations website at ViaRenewables.com. Investors are urged to monitor our website regularly for information and updates about the Company.

Contact: Via Renewables, Inc.
Investors:
Jenny Gao, 832-200-3727
Media:
Kira Jordan, 832-255-7302

Exhibit 99.2
NOTICE OF REDEMPTION

TO THE HOLDERS OF

8.75% SERIES A FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PERPETUAL PREFERRED STOCK
(CUSIP NO. 92556D205)

On behalf of Via Renewables, Inc. (“Via Renewables” or the “Company”), notice is hereby given that the Company has elected to redeem 1,884,935 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”), at a redemption price equal to $25.00 per share in cash, plus $0.59928 per share of accumulated and unpaid dividends thereon (the “Redemption Price”) to, but not including, the redemption date of June 30, 2026.

All shares of Series A Preferred Stock are issued in book-entry form only through the facilities of The Depository Trust Company (“DTC”). Accordingly, the redemption of the Series A Preferred Stock, including payment of the Redemption Price, will be completed according to DTC’s procedures.
Payment to DTC for the Series A Preferred Stock so redeemed will be made by Equiniti Trust Company, LLC (“Equiniti”), as transfer agent. Additional information related to the redemption procedures may be obtained from Equiniti by calling 718-921-8317.


Dated: June 1, 2026

FAQ

What did Via Renewables (VIASP) announce regarding its Series A preferred stock?

Via Renewables announced it will redeem 1,884,935 shares of its 8.75% Series A preferred stock. Each share will be redeemed at $25.00 in cash plus $0.59928 of accumulated and unpaid dividends, with the redemption date set for June 30, 2026.

What is the redemption price Via Renewables will pay for VIASP preferred shares?

Via Renewables will pay a redemption price of $25.00 per Series A preferred share. Holders will also receive an additional $0.59928 per share for accumulated and unpaid dividends, calculated to, but not including, the June 30, 2026 redemption date.

How many Via Renewables 8.75% Series A preferred shares are being redeemed?

The company is redeeming 1,884,935 shares of its 8.75% Series A preferred stock. These shares are currently issued in book-entry form through The Depository Trust Company, and the redemption will follow standard DTC procedures with Equiniti acting as transfer agent.

When will the Via Renewables VIASP preferred stock redemption take place?

The redemption of Via Renewables’ 8.75% Series A preferred stock is scheduled for June 30, 2026. Dividends of $0.59928 per share will accrue up to, but not including, that date, and holders will receive the redemption price and dividends via DTC procedures.

How will Via Renewables’ VIASP preferred stock redemption be processed?

All Series A preferred shares are held in book-entry form through DTC, so the redemption will be completed under DTC’s procedures. Equiniti Trust Company, as transfer agent, will pay DTC the redemption price and dividends, and beneficial holders should receive proceeds through their intermediaries.

What dividend rate applies to Via Renewables’ Series A preferred shares being redeemed?

The Series A preferred stock carries an 8.75% fixed-to-floating rate dividend. For this redemption, holders will receive $0.59928 per share of accumulated and unpaid dividends in addition to the $25.00 per-share cash redemption price on the June 30, 2026 redemption date.

Filing Exhibits & Attachments

5 documents