Fluence Energy enters secondary offering of 18M shares by selling stockholders; AES redemption adds 7.1M shares

Fluence Energy, Inc.

Secondary offering of 18,000,000 Class A shares by AES Grid Stability, Siemens Pension-Trust, and Qatar Holding LLC closed Dec 8, 2023.
Company will not receive any proceeds from the offering; all shares sold by existing stockholders.
AES Grid Stability exercised redemption right for 7,087,500 common units, settled via issuance of 7,087,500 Class A shares on Dec 8.
Redemption was an unregistered sale under Section 4(a)(2) of the Securities Act.

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