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Stock impact report

Tigo Energy Announces Full Repayment of $50 Million Convertible Promissory Note [Yahoo! Finance]

Tigo Energy, Inc. (TYGO) 
Company Research Source: Yahoo! Finance
LOS GATOS, Calif., December 17, 2025 BUSINESS WIRE Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that it has repaid in full all outstanding principal and accrued interest under its 5.0% Convertible Promissory Note in the aggregate principal amount of $50.0 million (the "Convertible Promissory Note") issued to L1 Energy Capital Management S.a.r.l. (L1 Energy). Tigo used cash on its balance sheet to repay that Convertible Promissory Note and has no outstanding debt maturities following such repayment. "The repayment represents an important milestone for Tigo's balance sheet and capital structure," said Bill Roeschlein, Chief Financial Officer of Tigo . "By eliminating our $50 million convertible note ahead of its January 2026 maturity, we have removed a significant potential equity overhang, simplified our capital structure and improved our ability to focus on driving profitable growth in 2026." Abo Show less Read more
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