Energy Vault Holdings, Inc. current report, 07 November 2023

Energy Vault Holdings, Inc. — Form 8-K Summary

Business Context and Reporting Period

Energy Vault Holdings, Inc. filed a Current Report on Form 8-K dated November 7, 2023, under Item 2.02 to furnish a press release announcing financial results for the quarter ended September 30, 2023.

The filing identifies the company as an emerging growth company. Its common stock trades on the New York Stock Exchange under the symbol NRGV.

Financial Results and Key Metrics

The filing does not include the text of the referenced Exhibit 99.1 press release. Accordingly, it does not provide clear values for revenue, net income or loss, cash flow, margins, debt, liquidity, backlog, or other financial metrics.

Changes Versus the Prior Comparable Period

The filing text does not provide a clear comparison with the quarter ended September 30, 2022, or any other prior comparable period.

Guidance, Outlook, Risks, and Unusual Items

The filing text does not provide guidance, outlook commentary, risk disclosures, contingencies, or unusual items. Any such information may be contained in the referenced press release, which is not included in the supplied filing text.

Facts Investors Should Verify

  • Obtain and review Exhibit 99.1 for the complete third-quarter 2023 financial results.
  • Verify revenue, profitability, operating cash flow, cash balance, debt, liquidity, and non-GAAP measures.
  • Review year-over-year and sequential changes, including backlog, bookings, project execution, and gross margins.
  • Check management’s updated guidance, outlook, liquidity expectations, and risk commentary.
  • Note that the information was furnished under Item 2.02 and is not deemed filed for purposes of Section 18 of the Exchange Act, except as expressly incorporated by reference.