---
schema_version: "secwatch.filing_event.v1"
accession: "0001842279-23-000097"
form_type: "8-K"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:23:51.487505+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OPAL Fuels enters $75M at-the-market equity offering agreement with B. Riley, Cantor, Stifel

## Summary
- Up to $75M aggregate offering of Class A common stock, issuable from time to time at market prices.
- Agents B. Riley, Cantor Fitzgerald & Stifel earn 3.0% of gross proceeds per sale.
- Company not obligated to sell; sales subject to price, size, timing limits set by company.
- Agreement effective November 17, 2023; can be terminated by either party on two days' notice.
- Shares sold through 'at the market' method under Rule 415; existing S-3 effective on September 6, 2023.

## SEC filing metadata
- accession: 0001842279-23-000097
- form_type: 8-K
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842279/000184227923000097/0001842279-23-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000184227923000097/opal-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842279-23-000097
- JSON: https://secwatch.observer/filing/0001842279-23-000097.json
- Plain text: https://secwatch.observer/filing/0001842279-23-000097.txt

## Key facts
- Material Agreements
  OPAL Fuels Inc. entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc., Cantor Fitzgerald & Co. and Stifel, Nicolaus & Company, Incorporated valued at up to $75 million of Class A common stock (effective 2023-11-17).
  - Action: entry
  - Agreement: atm program
  - Counterparty: B. Riley Securities, Inc., Cantor Fitzgerald & Co. and Stifel, Nicolaus & Company, Incorporated
  - Value: up to $75 million of Class A common stock
  - Effective: 2023-11-17
  source text: On November 17, 2023, OPAL Fuels Inc. (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc., Cantor Fitzgerald & Co. and Stifel, Nicolaus & Company, Incorporated (each, an “Agent,” and collectively, the “Agents”) pursuant to which the Company may issue and sell shares of its Class A common stock having an aggregate offering price of up to $75 million from time to time through the Agents.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842279/000184227923000097/0001842279-23-000097-index.htm

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