Heliogen to restate full year 2021 financials

Pasadena, calif.--(business wire)--heliogen, inc. (the “company”) (nyse:hlgn), a leading provider of ai-enabled concentrated solar energy technology, today announced that it will restate its full-year 2021 financial statements. the restatement, which has no material impact on the company's operations, prospects, or liquidity, stems from a revised accounting for one of the company's contracts. as part of the company's accounting for revenue contracts with customers during the first quarter of 20
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