Energy Vault ups convertible notes offering by $10 million

Reuters05:45
Energy Vault ups convertible notes offering by $10 million

Energy Vault Holdings Inc. issued $10 million of additional 5.250% convertible senior notes due 2031 after Jefferies, Cantor Fitzgerald and Citigroup exercised an option under a February 11 purchase agreement, bringing the total notes sold to $150 million. The additional notes were issued on Feb. 27 on the same terms as the previously issued $140 million tranche in a private placement exempt from Securities Act registration.

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: 0001104659-26-021646), on February 27, 2026, and is solely responsible for the information contained therein.

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