---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-125274"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2025-12-30T23:59:59+00:00"
generated_at: "2026-05-16T12:03:25.109798+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FuelCell Energy amends equity distribution agreement to $200M; J.P. Morgan exits as agent

## Summary
- Amendment raises maximum common stock offering to $200M (excluding prior sales) from prior $300M ceiling.
- J.P. Morgan Securities LLC terminated as sales agent effective Dec 24, 2025, per written notice.
- Remaining agents: Jefferies, B. Riley, Barclays, BMO, BofA, Canaccord, Citigroup, Loop Capital.

## SEC filing metadata
- accession: 0001104659-25-125274
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2025-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000110465925125274/0001104659-25-125274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000110465925125274/tm2534391d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-125274
- JSON: https://secwatch.observer/filing/0001104659-25-125274.json
- Plain text: https://secwatch.observer/filing/0001104659-25-125274.txt

## Key facts
- Material Agreements
  FUELCELL ENERGY INC amended Open Market Sale Agreement SM with Jefferies LLC, B. Riley Securities, Inc., Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Canaccord Genuity LLC, Citigroup Global Markets Inc. and Loop Capital Markets LLC valued at $200,000,000 (effective 2025-12-30).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Jefferies LLC, B. Riley Securities, Inc., Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Canaccord Genuity LLC, Citigroup Global Markets Inc. and Loop Capital Markets LLC
  - Value: $200,000,000
  - Effective: 2025-12-30
  source text: On December 30, 2025, FuelCell Energy, Inc. (the “Company”) entered into an amendment to the Open Market Sale Agreement SM (as amended, the “Sales Agreement”) with Jefferies LLC, B. Riley Securities, Inc., Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Canaccord Genuity LLC, Citigroup Global Markets Inc. and Loop Capital Markets LLC, as sales agents, to increase the amount of shares of common stock that may be sold under the Sales Agreement to $200,000,000 (exclusive of any sales made prior to the date of the amendment).
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000110465925125274/0001104659-25-125274-index.htm

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