Heliogen Inc. Finalizes Merger with Zeo Energy, Converting Shares to Zeo Energy Class A Stock
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Heliogen Inc. has completed its merger with Zeo Energy, converting each share of Heliogen’s common stock into 0.9591 shares of Zeo Energy Class A Common Stock. Fractional shares were compensated in cash. The merger terminated Heliogen’s Rights Agreement and 2021 Employee Stock Purchase Plan, with all restricted stock units fully vested. Zeo Energy’s Class A Common Stock is now listed on the Nasdaq.
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