Energy Vault Holdings Inc. has amended an existing financing agreement with YA II PN, Ltd., securing an additional $15 million through the issuance of senior unsecured convertible debentures. This third tranche follows previous issuances totaling $50 million in aggregate principal amount. The net proceeds from this financing are intended to support general working capital, development, construction, investment in energy storage projects, and other corporate expenses. The debentures were offered in a private placement to accredited investors and are governed by New York law.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001828536-26-000001), on January 02, 2026, and is solely responsible for the information contained therein.
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