secwatch / observer

Energy Vault Holdings, Inc. — fact timeline

Source-grounded facts extracted from Energy Vault Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NRGV Energy Vault Holdings, Inc. JSON
Shareholder Votes

Energy Vault Holdings, Inc. shareholders approved Ratification of the appointment of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-29 meeting.

“Proposal 2 - Ratification of the appointment of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending December 31, 2026 Votes For Votes Against Votes Abstaining Broker Non-Votes 127,775,985 168,810 59,341 —”
Shareholder Votes

Energy Vault Holdings, Inc. shareholders approved Election of Class II Directors at the 2026-05-29 meeting.

“Proposal 1 - Election of Class II Directors Votes For Votes Withheld Broker Non-Votes Stephanie Unwin 96,797,315 791,040 30,415,781 Theresa Fariello 86,706,051 10,882,304 30,415,781 Thomas Ertel 87,228,442 10,359,913 30,415,781”
Earnings Releases

Energy Vault Holdings, Inc. reported the quarter ended March 31, 2026 results: revenue $21.9 million, net income GAAP Net Loss of $32.5 million. Guidance reaffirmed.

“and 140% sequentially Year to Date 2026 backlog reached $1.35 billion, up 108% year-over-year, of which 80%+ is recurring, high margin IPP revenue Q1 2026 Revenue of $21.9 million, up 156% year-over-year Q1 2026 GAAP Gross Profit of $4.8 million and Adjusted Gross Profit of $6.1 million (up 25% year-over-year) Achieved fifth consecutive quarterly increase”
Debt Financings

Energy Vault Holdings, Inc. incurred convertible notes of $10.0 million additional aggregate principal amount with Jefferies LLC, Cantor Fitzgerald & Co. and Citigroup Global Markets Inc. at 5.250% maturing due 2031.

“On February 25, 2026, the Initial Purchasers notified the Company that they had elected to purchase $10.0 million in additional aggregate principal amount (the "Option Notes," and together with the Initial Notes, the "Notes") of the Company’s 5.250% Convertible Senior Notes due 2031 pursuant to the option granted to them under the Purchase Agreement. On February 27, 2026, the Company issued to the Initial Purchasers the Option Notes on the same terms as the Initial Notes.”
Debt Financings

Energy Vault Holdings, Inc. incurred convertible notes of $140.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 5.250% per year maturing mature on March 1, 2031.

“On February 17, 2026, Energy Vault Holdings, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $140.0 million aggregate principal amount of 5.250% Convertible Senior Notes due 2031 (the “Notes”).”
Material Agreements

Energy Vault Holdings, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $140.0 million aggregate principal amount of 5.250% Convertible Senior Notes due 2031 (effective 2026-02-17).

“On February 17, 2026, Energy Vault Holdings, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $140.0 million aggregate principal amount of 5.250% Convertible Senior Notes due 2031 (the “Notes”). The Notes were issued pursuant to an indenture, dated February 17, 2026 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”
Material Agreements

Energy Vault Holdings, Inc. amended Yorkville Amendments with YA II PN, Ltd. valued at Not specified (effective 2026-02-09).

“On February 9, 2026, the Company and the Investor entered into the second amendment to the Purchase Agreement (the “Second Amendment”) and amended and restated each of the (i) the Tranche 1 Debentures (the “A&R Tranche 1 Debentures”), (ii) the Tranche 2 Debentures (the “A&R Tranche 2 Debentures) and (iii) the Tranche 3 Debentures (the “A&R Tranche 3 Debentures,” collectively with the A&R Tranche 1 Debentures and the A&R Tranche 2 Debentures, the “A&R Debentures,” the A&R Debentures together with the Second Amendment, the “Yorkville Amendments”).”
Material Agreements

Energy Vault Holdings, Inc. amended A&R Registration Rights Agreement with YA II PN, Ltd. (effective 2025-12-30).

“on December 30, 2025, the Company and the Investor entered into an amendment and restatement of that certain registration rights agreement, by and among the Company and the Investor, dated September 22, 2025 (the “A&R Registration Rights Agreement”).”
Material Agreements

Energy Vault Holdings, Inc. amended Amendment with YA II PN, Ltd. valued at $15.0 million (effective 2025-12-30).

“On December 30, 2025, the Company and the Investor entered into an amendment to the Purchase Agreement (the “Amendment”), pursuant to which the Company agreed to issue and sell an additional $15.0 million of Debentures to the Investor”
Debt Financings

Energy Vault Holdings, Inc. incurred convertible notes of aggregate principal amount of $15.0 million with YA II PN, Ltd. at 7% annual interest rate (18% during an uncured event of default) maturing August 30, 2027.

“(the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with YA II PN, Ltd. (the “Investor”), pursuant to which the Company agreed to issue and sell up to $50.0 million in aggregate principal amount of senior unsecured convertible debentures (the “Debentures”) in multiple tranches.”
Debt Financings

Energy Vault Holdings, Inc. incurred convertible notes of $20.0 million with YA II PN, Ltd. at 7% annual interest rate maturing March 22, 2027.

“On December 16, 2025, the Company issued additional Debentures in the aggregate principal amount of $20.0 million to the Investor (the “Subsequent Closing”).”
Debt Financings

Energy Vault Holdings, Inc. incurred convertible notes of $50.0 million in aggregate principal amount with YA II PN, Ltd. at 7% annual interest rate maturing 18-month maturity.

“On September 22, 2025 , Energy Vault Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with YA II PN, Ltd. (the “Investor”), pursuant to which the Company agreed to issue and sell up to $50.0 million in aggregate principal amount of senior unsecured convertible debentures (the “Debentures”) in multiple tranches.”
Debt Financings

Energy Vault Holdings, Inc. incurred debt of ranging from $7.63 million up to $9.45 million with Cedar Advance LLC, Reliance Financial FL LLC, and UFS West LLC maturing weekly until $9.45 million paid.

“(the “Company”), together with Energy Vault, Inc., its wholly-owned subsidiary (collectively with the Company, the “Sellers”), entered into Agreements of Sale of Future Receipts (collectively, the “Financing Arrangements”) with Cedar Advance LLC, Reliance Financial FL LLC, and UFS West LLC (collectively, the “Buyers”).”
Debt Financings

Energy Vault Holdings, Inc. incurred term loan of approximately $17.8 million with Wilmington Trust, National Association, as administrative agent and collateral agent, and each of the lenders party thereto at 5.00% for loans bearing interest at the alternate base rate (“ABR”) and 6.00% fo maturing July 23, 2032.

“collateral agent, and each of the lenders party thereto. The Credit Agreement provides for a senior secured term loan facility in an aggregate principal amount of approximately $17.8 million. The proceeds of the term loan facility are intended to support the Cross Trails energy storage project, including payment of operating costs, funding of required reserve”
Earnings Releases

Energy Vault Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $7.8 million, net income $(21.1) million. Guidance initiated.

“Energy Vault Reports First Quarter 2024 Financial Results Revenue of $7.8 million from recognition of Utility and IPP storage projects, in-line with expectations; Licensing revenue from GESSOL in Southern Africa is expected later in 2024 GAAP Gross margin of 26.7% driven by strong management and execution on US battery projects Cash OpEx of $16.7 million, improved 22% year-over-year and 14% quarter-over-quarter Quarter-end Cash and Cash Equivalents of $136.8 million , within Q1 guidance range of $125 – 150 million WESTLAKE VILLAGE, Calif., May 8th, 2024 – Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.