---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-030050"
form_type: "8-K"
ticker: null
cik: "0001840292"
company_name: "Heliogen, Inc."
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:31:33.625403+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Heliogen adopts limited-duration poison pill with 12.5% trigger against Continuum Renewables

## Summary
- Board declared dividend of one right per share as of April 28, 2023; plan effective immediately.
- Rights trigger at 12.5% beneficial ownership (20% for passive institutional); grandfathered holders cannot increase.
- Upon trigger, holders (excluding acquiring person) may buy $3.50 worth of common stock for twice that market value.
- Plan expires April 17, 2024, unless earlier redeemed; no dead-hand/slow-hand provisions.
- Adopted in response to unsolicited proposal from CRI, which controls ~26% of HLGN outstanding shares.

## SEC filing metadata
- accession: 0001213900-23-030050
- form_type: 8-K
- cik: 0001840292
- company_name: Heliogen, Inc.
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840292/000121390023030050/0001213900-23-030050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840292/000121390023030050/ea177015-8k_heliogen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-030050
- JSON: https://secwatch.observer/filing/0001213900-23-030050.json
- Plain text: https://secwatch.observer/filing/0001213900-23-030050.txt

## Key facts
- Governance Changes
  Heliogen, Inc.: The board adopted a Certificate of Designations establishing the Company Preferred Shares and their rights, preferences, and privileges, filed with the Delaware Secretary of State on April 17, 2023 (effective 2023-04-17).
  - Change: charter amendment
  - Effective: 2023-04-17
  source text: the Board approved the Certificate of Designations establishing the Company Preferred Shares and the rights, preferences and privileges thereof. The Certificate of Designations was filed with the Secretary of State of the State of Delaware on April 17, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840292/000121390023030050/0001213900-23-030050-index.htm

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