---
schema_version: "secwatch.filing_event.v1"
accession: "0001840292-24-000026"
form_type: "8-K"
ticker: null
cik: "0001840292"
company_name: "Heliogen, Inc."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T13:15:30.423692+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heliogen to cut ~25% of workforce, close Long Beach facility as part of restructuring

## Summary
- Workforce reduced by ~35 employees (~25% from Mar 31, 2024; ~50% from Mar 31, 2023) to ~100.
- Closing Long Beach, CA manufacturing facility; reducing third-party costs.
- Affected employees notified May 16, 2024; cuts substantially completed by June 2024.
- Costs not yet estimable; include severance, benefits, and facility closure charges.
- Company continues to explore strategic alternatives with financial advisor.

## SEC filing metadata
- accession: 0001840292-24-000026
- form_type: 8-K
- cik: 0001840292
- company_name: Heliogen, Inc.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000026/0001840292-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000026/hlg-20240516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840292-24-000026
- JSON: https://secwatch.observer/filing/0001840292-24-000026.json
- Plain text: https://secwatch.observer/filing/0001840292-24-000026.txt

## Key facts
- Restructurings & Charges
  Heliogen, Inc. announced a restructuring affecting manufacturing facility in Long Beach, California (approximately 35 employees).
  - Type: restructuring
  - Affected area: manufacturing facility in Long Beach, California
  - Headcount: approximately 35 employees
  source text: On May 16, 2024, Heliogen, Inc. (the “Company”) made the decision to implement a targeted plan, which includes a workforce reduction, the closing of the Company’s manufacturing facility in Long Beach, California, and a reduction in third-party costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000026/0001840292-24-000026-index.htm

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