Energy Vault Holdings Secures $20 Million in Additional Convertible Debenture Financing

Reuters
2025.12.19 21:03
portai
I'm PortAI, I can summarize articles.

Energy Vault Holdings Inc. has secured an additional $20 million in convertible debenture financing from YA II PN, Ltd., as part of a $50 million agreement. The funds will support working capital, energy storage projects, and corporate expenses. The debentures are unregistered, sold privately, and can be redeemed under certain conditions. This information was published via the U.S. SEC's EDGAR system.