other material
confidence high
sentiment neutral
materiality 0.30
New Fortress Energy registers 10.8M shares for resale by Ceiba Energy US LP
New Fortress Energy Inc.
- Filed resale prospectus supplement covering up to 10,804,718 shares of Class A common stock.
- Shares are issuable upon conversion of 4.8% Series B Convertible Preferred Stock.
- Selling securityholder is Ceiba Energy US LP; company will not receive any proceeds.
- Preferred shares were issued under Exchange Agreement dated September 23, 2024.