Farhad Fred Ebrahimi Discloses Significant Stake in First Solar

TL;DR

**Activist investor Farhad Fred Ebrahimi just revealed a major stake in First Solar, signaling potential shake-ups ahead.**

AI Summary

Farhad Fred Ebrahimi, a significant investor, filed an initial Schedule 13D on January 26, 2024, indicating he has acquired a substantial stake in First Solar, Inc. (FSLR). This filing signals that Ebrahimi now holds more than 5% of the company's Common Stock, and he intends to potentially influence the company's management or policies. This matters to investors because a large, active shareholder like Ebrahimi could push for strategic changes, potentially impacting the stock's future performance.

Why It Matters

A new activist investor could push for changes at First Solar, potentially leading to strategic shifts or operational improvements that impact shareholder value.

Risk Assessment

Risk Level: medium — The entry of a new significant shareholder with potential activist intentions introduces uncertainty regarding future company direction and stock volatility.

Analyst Insight

Investors should monitor First Solar for any announcements regarding Farhad Fred Ebrahimi's intentions or any subsequent changes in company strategy, as this could signal potential shifts in the company's direction or valuation.

Key Players & Entities

• Farhad Fred Ebrahimi (person) — reporting person and significant investor
• First Solar, Inc. (company) — subject company (issuer)
• Brad Nelson (person) — person authorized to receive notices for the reporting person
• January 19, 2024 (date) — date of event requiring the filing
• January 26, 2024 (date) — filing date of the SC 13D

Forward-Looking Statements

• Farhad Fred Ebrahimi will engage with First Solar's management to discuss strategic initiatives. (First Solar, Inc.) — medium confidence, target: Q2 2024
• First Solar's stock price will experience increased volatility due to the new significant shareholder. (First Solar, Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — statement relates to the common stock, $0.001 par value per share, of First Solar, In
• $74,298,350 — DERATION . The Reporting Persons paid $74,298,350 from personal funds to acquire the Comm

Filing Documents

• d740173dsc13d.htm (SC 13D) — 118KB
• d740173dex99a.htm (EX-99.A) — 5KB
• d740173dex99b.htm (EX-99.B) — 5KB
• d740173dex99c.htm (EX-99.C) — 6KB
• 0001193125-24-015951.txt ( ) — 135KB

From the Filing

SC 13D 1 d740173dsc13d.htm SC 13D SC 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No.)* First Solar, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 336433107 (CUSIP Number) Brad Nelson 191 University Blvd, Suite 246 Denver, Colorado 80206 (239) 970-4085 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 19, 2024 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 NAMES OF REPORTING PERSONS Farhad Fred Ebrahimi 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) PF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 5,451,425 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 5,451,425 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,451,425 shares 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.10% 14 TYPE OF REPORTING PERSON ( See Instructions) IN - 2 - 1 NAMES OF REPORTING PERSONS Mary Wilkie Ebrahimi 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) PF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 5,451,425 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 5,451,425 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,451,425 shares 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.10% 14 TYPE OF REPORTING PERSON ( See Instructions) IN - 3 - Schedule 13D ITEM1. SECURITY AND ISSUER . This statement relates to the common stock, $0.001 par value per share, of First Solar, Inc. (the Common Stock), a corporation organized under the laws of the State of Delaware, with its principal executive offices at 350 West Washington Street, Suite 600, Tempe, Arizona 85281. ITEM2. IDENTITY AND BACKGROUND . (a) This statement is being filed by Farhad Fred Ebrahimi and Mary Wilkie Ebrahimi (the Reporting Persons). (b) 191 University Blvd, Suite 246, Denver, Colorado 80206. (c) Farhad Fred Ebrahimi is a private investor, and Mary Wilkie Ebrahimi is not employed. (d) Neither of the Reporting Persons has, during the last five years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Neither of the Reporting Persons has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding become (or remain) subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law, or finding any violation with respect to such laws. (f) United States. ITEM3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION . The Reporting Persons paid $74,298,350 from personal funds to acquire the Common Stock. ITEM4. PURPOSE OF TRANSACTION . The Reporting Persons have purchased and sold Common Stock in the open market. The Reporting Persons may make ad

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