---
schema_version: "secwatch.filing_event.v1"
accession: "0001828536-25-000151"
form_type: "8-K"
ticker: "NRGV"
cik: "0001828536"
company_name: "Energy Vault Holdings, Inc."
filed_at: "2025-09-05T23:59:59+00:00"
generated_at: "2026-05-17T08:03:36.222055+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Energy Vault sells up to $9.45M future receivables for $6.75M net cash

## Summary
- Purchase price $7.5M; $0.75M fees deducted; net cash proceeds $6.75M.
- Future receivables sold range: $7.63M (repay within 30d) to $9.45M (if not repaid within 60d).
- After 60 days, weekly payments of $0.26M until $9.45M paid, based on 32.94% of future receivables.
- Financing Arrangements made with Cedar Advance, Reliance Financial, and UFS West.
- Contains customary covenants, representations, and default provisions.

## SEC filing metadata
- accession: 0001828536-25-000151
- form_type: 8-K
- ticker: NRGV
- cik: 0001828536
- company_name: Energy Vault Holdings, Inc.
- filed_at: 2025-09-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000151/0001828536-25-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000151/nrgv-20250829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828536-25-000151
- JSON: https://secwatch.observer/filing/0001828536-25-000151.json
- Plain text: https://secwatch.observer/filing/0001828536-25-000151.txt

## Key facts
- Debt Financings
  Energy Vault Holdings, Inc. incurred debt of ranging from $7.63 million up to $9.45 million with Cedar Advance LLC, Reliance Financial FL LLC, and UFS West LLC maturing weekly until $9.45 million paid.
  - Principal: ranging from $7.63 million up to $9.45 million
  - Counterparty: Cedar Advance LLC, Reliance Financial FL LLC, and UFS West LLC
  - Maturity: weekly until $9.45 million paid
  - Event: incurrence
  source text: (the “Company”), together with Energy Vault, Inc., its wholly-owned subsidiary (collectively with the Company, the “Sellers”), entered into Agreements of Sale of Future Receipts (collectively, the “Financing Arrangements”) with Cedar Advance LLC, Reliance Financial FL LLC, and UFS West LLC (collectively, the “Buyers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828536/000182853625000151/0001828536-25-000151-index.htm

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