other
confidence high
sentiment neutral
materiality 0.20
Fluence Energy amends charter to allow Class B-1 to Class B-2 stock conversion
Fluence Energy, Inc.
- Filed Certificate of Amendment permitting optional conversion of Class B-1 common into Class B-2 common at 1:1 ratio.
- Conversion effective December 22, 2022; exercisable at any time at holder's option.
- Amendment approved by written consent of holder owning 71.8% of voting power and 100% of Class B stock.
- No changes to Class A common stock rights or company's fiscal year.