{"url_path":"/sec/ftci/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-K/A","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1828161/0001213900-26-068820-index.html","accession_number":"0001213900-26-068820","cik":"0001828161","ticker":"FTCI","issuer_name":"FTC Solar, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1828161/0001213900-26-068820-index.html","primary_entity_key":"0001828161","primary_entity_name":"FTC Solar, Inc."},"word_count":1004,"has_tables":true,"body_markdown":"** **\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n** **\n\n \n\n** **\n\n**FORM 10-K/A**\n\n**(Amendment No. 2)**\n\n** **\n\n \n\n** **\n\n**(Mark One) **\n\n☒ **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 **\n\n \n\n**For the fiscal year ended December 31, 2025**\n\n \n\n**OR **\n\n** **\n\n☐ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM                      TO **\n\n \n\n**Commission File Number 001-40350**\n\n** **\n\n \n\n** **\n\n**FTC SOLAR, INC.**\n\n**(Exact name of registrant as specified in its\ncharter)**\n\n** **\n\n \n\n \n\n**Delaware**   **81-4816270**\n\n**(State or other jurisdiction of**\n\n**incorporation or organization)**\n \n**(I.R.S. Employer**\n\n**Identification No.)**\n\n     \n\n**10900 Stonelake Blvd, Suite 100,**\n\n**Quarry Oaks II Building,**\n\n**Austin, Texas**\n  **78759**\n\n**(Address of principal executive offices)**   **(Zip Code)**\n\n \n\n**Registrant’s telephone number, including\narea code: (512) 481-4271**\n\n** **\n\n \n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\nCommon Stock, $0.0001 par value   FTCI   The Nasdaq Stock Market LLC\n\n \n\nSecurities registered pursuant to Section 12(g) of the Act: None\n\n \n\nIndicate by check mark if the registrant is a well-known seasoned issuer,\nas defined in Rule 405 of the Securities Act. Yes ☐ No\n☒\n\n \n\nIndicate by check mark if the registrant is not required to file reports\npursuant to Section 13 or 15(d) of the Act. Yes ☐ No\n☒\n\n \n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months\n(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405\nof this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes\n☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.\nSee the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”\nand “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐\n\n         \n\nNon-accelerated filer ☒   Smaller reporting company ☒\n\n         \n\nEmerging growth company ☒      \n\n \n\nIf an emerging growth company, indicate by check\nmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting\nstandards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant\nhas filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial\nreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or\nissued its audit report. ☐ \n\n \n\nIf securities are registered pursuant to Section 12(b) of the Act,\nindicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to\npreviously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error\ncorrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s\nexecutive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate by check mark whether the registrant\nis a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\n \n\nThe aggregate market value of the voting and non-voting\ncommon equity held by non-affiliates of the registrant, based on the closing price of the shares of common stock on June 30, 2025 was\n$38,128,743.\n\n \n\nThe number of shares of registrant’s common stock outstanding\nas of March 20, 2026, was 15,585,198.\n\n \n\n \n\n \n\n**EXPLANATORY NOTE**\n\n \n\nFTC Solar, Inc. (the “Company”) is\nfiling this Amendment No. 2 on Form 10-K/A (this “Amendment No. 2”) to the Company’s Annual Report on Form 10-K for\nthe fiscal year ended December 31, 2025, originally filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”)\non March 24, 2026 (the “Original Form 10-K”), as amended by the Form 10-K/A filed by the Company with the SEC on April 28,\n2026 (“Amendment No. 1” and the Original Form 10-K as amended by Amendment No. 1, the “Amended Form 10-K”),\nsolely for the purpose of amending the beneficial ownership table contained in Part III, Item 12 of the Amended Form 10-K in order to\nreflect the deletion of AV Securities, Inc. (“AV Securities”) from such beneficial ownership table based on the further certification\nprovided by AV Securities regarding its lack of beneficial ownership of Company securities.\n\n \n\nAccordingly, this Amendment No. 2 consists only\nof the facing page, this explanatory note, Item 12, the signature pages to Form 10-K and the applicable exhibits. The Original Form 10-K\nand Amendment No. 1 thereto are otherwise unchanged. This Amendment No. 2 should be read in conjunction with the Original Form 10-K and\nAmendment No. 1 thereto. Further, this Amendment No. 2 does not reflect any subsequent events occurring after the filing date of either\nof the Original Form 10-K or Amendment No. 1 thereto, and it does not modify or update in any way the disclosures made in the Original\nForm 10-K or Amendment No. 1 thereto, except as described above.\n\n \n\nPursuant to Rule 12b-15 under the Securities Exchange\nAct of 1934, as amended (the “Exchange Act”), this Amendment No. 2 also contains new certifications by the principal executive\nofficer and the principal financial officer as required by Section 302 of the Sarbanes-Oxley Act of 2002. Accordingly, Item 15 of Part\nIV is amended to include the currently dated certifications of our principal executive officer and principal financial officer as exhibits.\n\n \n\nUnless stated otherwise, references in this Amendment\nNo. 2 to “FTC,” “the Company”, “we”, “our” and “us” are used herein to refer\nto FTC Solar, Inc.\n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n \n\n \n \n**Page**\n\n**PART III**"}