Energy Vault (NRGV) Registration filing summary

Company overview and business model

• Operates as an integrated power infrastructure platform, building, owning, and operating flexible energy systems for utilities, independent power producers, industrial customers, and the AI/data center market.

• Offers technology-agnostic, software-enabled architecture to accelerate project delivery and optimize performance.

• Solutions include short-, long-, and multi-day duration energy storage, generation, and advanced energy management.

• Launched Asset Vault, a majority-owned subsidiary focused on developing, building, owning, financing, and operating energy storage projects.

• Aims to enable clean, reliable, and affordable energy as global demand rises and renewable adoption increases.

Financial performance and metrics

• As of July 15, 2026, 181,239,270 shares of common stock were outstanding.

• Options to purchase 8,921,395 shares (weighted-average exercise price $2.79) and 19,949,068 restricted stock units were outstanding as of July 9, 2026.

• 13,738,774 warrants outstanding, including Novus, Dorado Goose, and OIC Warrants, with varying exercise prices and expiration dates.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as set forth in the applicable prospectus supplement for each offering.