other material
confidence high
sentiment negative
materiality 0.55
New Fortress Energy discloses secondary offering of 6.9M shares by selling stockholder
New Fortress Energy Inc.
- Energy Transition Holdings LLC to sell 6,900,000 shares of Class A common stock via underwritten secondary offering.
- Company will not receive any proceeds from the sale; offering expected to close December 19, 2022.
- J.P. Morgan Securities LLC acting as sole underwriter; customary closing conditions apply.
- Selling stockholder is an entity managed by Great Mountain Partners LLC.