---
schema_version: "secwatch.filing_event.v1"
accession: "0001840292-24-000037"
form_type: "8-K/A"
ticker: null
cik: "0001840292"
company_name: "Heliogen, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:37:10.956273+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heliogen estimates $4.2M-$6.8M restructuring costs; $4.2M incurred through Q2

## Summary
- Asset write-off costs estimated between $3.4M and $4.0M, including impairment charges.
- Employee severance and transition costs estimated at $0.6M to $0.8M.
- Facility closure costs (lease termination, etc.) estimated at $0.2M to $2.0M.
- $4.2M recorded as impairment and other charges in Q2 2024; remainder expected by end of 2024.
- Plan includes workforce reduction and closing Long Beach, CA manufacturing facility.

## SEC filing metadata
- accession: 0001840292-24-000037
- form_type: 8-K/A
- cik: 0001840292
- company_name: Heliogen, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000037/0001840292-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000037/hlg-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840292-24-000037
- JSON: https://secwatch.observer/filing/0001840292-24-000037.json
- Plain text: https://secwatch.observer/filing/0001840292-24-000037.txt

## Key facts
- Restructurings & Charges
  Heliogen, Inc. announced a restructuring with charges of $3.4 million to $4.0 million of asset write-off costs, including impairment charges; $0.6 million to $0.8 million of employee transition, severance payments and affecting manufacturing facility in Long Beach, California.
  - Type: restructuring
  - Charge: $3.4 million to $4.0 million of asset write-off costs, including impairment charges; $0.6 million to $0.8 million of employee transition, severance payments and
  - Affected area: manufacturing facility in Long Beach, California
  source text: The Company now estimates it will incur the following charges in connection with the targeted plan, including reorganization and other related costs: • $3.4 million to $4.0 million of asset write-off costs, including impairment charges; • $0.6 million to $0.8 million of employee transition, severance payments and related benefits; and • $0.2 million to $2.0 million of costs associated with closing the manufacturing facility, including lease termination costs and other related costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000037/0001840292-24-000037-index.htm

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