6-K - Turbo Energy, S.A. American Depositary Shares | StockGist

AI Analysis

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Turbo Energy, S.A. entered into a Sales Agreement dated March 25, 2026, with A.G.P./Alliance Global Partners to issue and sell up to $2,979,570 of American Depositary Shares (ADSs), each representing five ordinary shares (par value €0.05), via an at-the-market offering under its effective Form F-3 registration statement. A legal opinion (Exhibit 5.1) confirms the ADSs will be validly issued, fully paid, and non-assessable.

Key Takeaways

1Sales Agreement with A.G.P./Alliance Global Partners dated March 25, 2026

2ATM offering of up to $2,979,570 ADSs

3Each ADS represents 5 ordinary shares (par €0.05)

4Authorized share capital of 82,628,550 ordinary shares

5Registration Statement Form F-3 (File No. 333-291470) effective December 16, 2025

6Legal opinion by Auren Legal SP SLP in Exhibit 5.1

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

$3.0M

Transaction Details

Material Agreement

Agreement: Sales Agreement
Parties: Turbo Energy, S.A., A.G.P./Alliance Global Partners

•Issuance and sale of ADSs from time to time as agent or principal
•Maximum aggregate offering of $2,979,570 ADSs
•Each ADS represents 5 ordinary shares par value €0.05
•Sales via at-the-market methods on Nasdaq Capital Market
•Subject to Registration Statement Form F-3 File No. 333-291470

Exhibits (3)

10.1

SALES AGREEMENT DATED MARCH 25, 2026, BETWEEN THE COMPANY AND THE SALES AGENT

5.1

OPINION OF AUREN

6-K

REPORT OF FOREIGN PRIVATE ISSUER