Energy Vault Announces Upsize and Pricing of $140 Million Convertible Senior Notes Offering

Core Viewpoint - Energy Vault Holdings, Inc. has announced the pricing of $140.0 million in convertible senior notes, indicating a strategic move to raise capital for its sustainable energy storage solutions [1] Group 1: Financial Details - The company priced $140.0 million aggregate principal amount of 5.250% convertible senior notes due 2031 [1] - The offering was conducted as a private placement to qualified institutional buyers under Rule 144A of the Securities Act of 1933 [1] - The offering was upsized, reflecting strong demand from investors [1]