Garrett Motion Inc. just filed a prospectus, suggesting it plans to soon issue some securities

Garrett Motion Inc. just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:


DocumentFiled pursuant to Rule 424(b)(3)Registration No. 333-256659 PROSPECTUS SUPPLEMENT No. 11(To Prospectus Dated June 11, 2021)   Garrett Motion Inc. 52,471,709 Shares of Common Stock 243,265,707 Shares of Series A Cumulative Convertible Preferred Stock 243,265,707 Shares of Common Stock Issuable Upon Conversion of Series A Cumulative Convertible Preferred Stock This prospectus supplement No. 11 supplemen ts the prospectus dated June 11, 2021 (the “Prospectus”) filed pursuant to the Securities Act of 1933, as amended, by Garrett Motion Inc. Pursuant to the Prospectus, this prospectus supplement relates to the offer and sale by the selling security holders identified in the Prospectus of up to (i) 243,265,707 shares of our Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”), (ii) 52,471,709 shares of our common stock, par value $0.001 per share (the “Common Stock” and together with the Series A Preferred Stock, the “Securities”) and (iii) 243,265,707 shares of our Common Stock issuable upon conversion of the Series A Preferred Stock. This prospectus supplement incorporates into the Prospectus the information contained in our attached: ·Quarterly Report on Form 10-Q, which was filed with the Securities and Exchange Commission (“SEC”) on April 28, 2022. You should read this prospectus supplement in conjunction with the Prospectus, including any supplements and amendments thereto. This prospectus supplement is qualified by reference to the Prospectus except to the extent that the information in this prospectus supplement supersedes the information contained in the Prospectus. This prospectus supplement is not complete without, and may not be delivered or utilized except in connection with, the Prospectus. Our Common Stock is quoted on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “GTX.” Our Series A Preferred Stock is quoted on the Nasdaq under the symbol “GTXAP”. Investing in

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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