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:

424B3
1
eh220265955_424b3-8k.htm
FORM 424B3


 
Filed pursuant to Rule
424(b)(3)
Registration No. 333-256659
 
PROSPECTUS SUPPLEMENT No. 1
(To Prospectus Dated June 23, 2022)
 
 
 
Garrett Motion Inc.
 
37,680,203 Shares of Common Stock
 
219,552,835 Shares of Series A Cumulative Convertible
Preferred Stock
 
219,552,835 Shares of Common Stock Issuable Upon
Conversion of Series A
Cumulative Convertible Pre ferred Stock
 
This prospectus supplement no. 1 supplements
the prospectus dated June 23, 2022 (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) 219,552,835 shares of our Series A Cumulative Convertible Preferred Stock (the
“Series A Preferred Stock”), (ii) 37,680,203 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) 219,552,835 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:
 

·Current Report on Form 8-K, which was filed with the Securities and Exchange Commission on June 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”.
 
Inves

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

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