---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-24-000092"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:42:37.280910+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# New Fortress Energy raises ~$387M in stock offering, issues Series B Preferred to Ceiba

## Summary
- Underwritten public offering of 46,349,942 shares at $8.63 each; net proceeds ~$387.25M.
- CEO Wesley R. Edens purchased 5,793,742 shares in the offering at the same public price.
- Issued 96,746 shares of 4.8% Series B Convertible Preferred to Ceiba Energy in exchange for Series A.
- Series B Preferred has initial conversion price $9.9645 per common share; cumulative dividend rate 4.8% (steps to 9.8% if unpaid).
- Registration rights granted to Ceiba for resale of underlying common shares.

## SEC filing metadata
- accession: 0001749723-24-000092
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000092/0001749723-24-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000092/nfe-20241002.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-24-000092
- JSON: https://secwatch.observer/filing/0001749723-24-000092.json
- Plain text: https://secwatch.observer/filing/0001749723-24-000092.txt

## Key facts
- Governance Changes
  New Fortress Energy Inc.: Filed Certificate of Designations to designate 96,746 shares of Series B Convertible Preferred Stock with specific terms (effective 2024-10-01).
  - Change: charter amendment
  - Effective: 2024-10-01
  source text: On October 1, 2024, the Company filed a Certificate of Designations (the “Certificate of Designations”) with the Secretary of State of the State of Delaware to designate 96,746 shares of the Series B Convertible Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000092/0001749723-24-000092-index.htm

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