Paul Hastings Advises D. Boral Capital in ADS-TEC Energy’s Convertible Notes Offering

Paul Hastings LLP advised D. Boral Capital LLC as placement agent in connection with a fully subscribed registered offering of senior secured convertible notes due 2028 and accompanying warrants by ADS-TEC Energy (Nasdaq: ADSE), a global leader in battery-based energy storage and ultra-fast EV charging solutions, for aggregate proceeds of up to $65 million. The offering closed on May 1, 2025.

Proceeds from the offering will be disbursed in two tranches and will fuel ADS-TEC Energy’s strategic expansion across Europe and North America.

The Paul Hastings team included partners Gil Savir and Brandon Bortner, of counsel Ryan Brewer and associates Greg Drozdzal and Joshua Rebollozo.

More details can be found here.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations. For more information, visit www.paulhastings.com.