---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-24-000010"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:23:04.779657+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Vault signs 10-year exclusive license for SADC region; $20M fee plus 5% royalties

## Summary
- 10-year exclusive license agreement with GESSOL for SADC region.
- $20 million total license fee, payable annually in installments.
- 5% royalty on all gross revenue streams in the territory.
- Additional detail provided in response to investor inquiries on prior press release.

## SEC filing metadata
- accession: 0001828536-24-000010
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853624000010/0001828536-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853624000010/nrgv-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-24-000010
- JSON: https://secwatch.observer/filing/0001828536-24-000010.json
- Plain text: https://secwatch.observer/filing/0001828536-24-000010.txt

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