---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-127400"
form_type: "8-K"
ticker: "FLNC"
cik: "0001868941"
company_name: "Fluence Energy, Inc."
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:48:50.899725+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fluence upsizes convertible note offering to $350M at 2.25% due 2030; proceeds for battery line upgrade

## Summary
- Priced $350M of 2.25% convertible senior notes due June 15, 2030, upsized from $300M.
- Initial conversion price ~$21.35/share (30% premium over Dec 10 closing price).
- Entered capped calls; cap price ~$28.74/share (~75% premium) to offset dilution.
- Net proceeds fund capped calls and intercompany note for working capital, battery cell line upgrade from 305 to 530 Ah.
- Initial purchasers option to buy up to additional $50M of Notes.

## SEC filing metadata
- accession: 0001104659-24-127400
- form_type: 8-K
- ticker: FLNC
- cik: 0001868941
- company_name: Fluence Energy, Inc.
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868941/000110465924127400/0001104659-24-127400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868941/000110465924127400/tm2430648d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-127400
- JSON: https://secwatch.observer/filing/0001104659-24-127400.json
- Plain text: https://secwatch.observer/filing/0001104659-24-127400.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.