Zeo Energy closes Heliogen stock acquisition; nets $13.6M cash, forms new division

Zeo Energy Corp.

Acquisition completed Aug 8, 2025; consideration entirely in Zeo Class A common stock.
Zeo received ~$13.6M net cash from Heliogen at closing.
Heliogen's solutions form new division for long-duration energy storage targeting C&I and AI data centers.
Heliogen common stock (OTCQX: HLGN) ceased trading upon closing.

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