Certain Class?A Common Stock of Fluence Energy, Inc. are subject to a Lock-Up Agreement Ending on 5-MAR-2024.
March 04, 2024
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Certain Class?A Common Stock of Fluence Energy, Inc. are subject to a Lock-Up Agreement Ending on 5-MAR-2024. These Class?A Common Stock will be under lockup for 91 days starting from 5-DEC-2023 to 5-MAR-2024.
Details:
Selling Securityholders and directors and officers have agreed that, without the prior written consent of the representatives on behalf of the underwriters, they will not, and will not publicly disclose an intention to, during the period beginning on the date of the lock-up agreement and ending at the close of business 90 days after the date of the final prospectus relating to this offering.
Fluence Energy, Inc. is a global provider of energy storage products and solutions, services, and optimization software for renewables and storage. The Company provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings and the Fluence IQ Platform. The Fluence IQ Platform delivers artificial intelligence enabled software-as-a-service products, including Fluence Nispera and Fluence Mosaic, for managing and optimizing renewables and storage from any provider. Its services include delivery services, recurring operational services, and financing structuring services, such as energy-storage-as-a-service. Its energy storage products and solutions include Gridstack Pro, Gridstack, Sunstack, Edgestack and Ultrastack. It has an aggregate of over 15.5 gigawatts (GW) of renewable energy assets using Fluence IQ Platform and 6.8 GW of contracted backlog related to renewable and energy storage assets.