secwatch.observer — SEC 8-K summary
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Issuer:     Heliogen, Inc. (—)
CIK:        0001840292
Form:       8-K
Filed at:   2023-08-31T23:59:59+00:00
Accession:  0001840292-23-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heliogen effects 1-for-35 reverse stock split, adjusts warrants and equity awards
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- Reverse stock split at 1-for-35 ratio effective 5:00 pm ET on August 31, 2023; stock begins trading on split-adjusted basis Sept 1.
- Outstanding warrants adjusted: Public warrants exercise price set to $402.50; shares subject to warrants reduced proportionately.
- Equity awards (options and RSUs) adjusted: exercise prices increased proportionately, number of shares decreased.
- Preferred share purchase rights (Rights) adjusted: exercise price raised to $122.50, redemption price to $0.0035.
- No fractional shares issued; cash in lieu based on Aug 31 closing price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840292/000184029223000038/0001840292-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840292/000184029223000038/hlg-20230831.htm
  HTML page:      https://secwatch.observer/filing/0001840292-23-000038

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