Fluence energy, inc. announces convertible notes offering and intention to enter into capped call transactions

Arlington, va., dec. 09, 2024 (globe newswire) -- fluence energy, inc. (nasdaq: flnc) (“fluence” or the “company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its intention to offer, subject to market and other conditions, $300.0 million aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering that is exempt from the registration requirements of the securities act of 1933, as amended (the “securities act”), to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act. fluence also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45.0 million aggregate principal amount of the notes.
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