NXU SEC filings, in plain English
Everything Energy Vault Holdings, Inc. has filed with the SEC that we hold — 40 filings, newest first, 6 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: Energy Vault Holdings (post-NXU SPAC) filed an 8-K disclosing a delayed draw term loan credit agreement with approximately $137.4M in total commitments, drawn on a schedule from August 2026 ($38.4M) through December 2027 ($4.8M), secured by collateral and bearing interest at Term SOFR plus an applicable rate, with a 1.00% commitment fee on undrawn amounts. Why it matters: This new secured debt facility layers on top of existing Yorkville (YA II PN, Ltd.) convertible debt arrangements (Original SPA Sept 2025, May 2026 SPA) and is tied to an Equipment Supply Agreement, indicating the post-SPAC company is aggressively levering up to fund operations and equipment purchases through 2027.
What changed: Energy Vault Holdings, Inc. (NYSE: NRGV) furnished a press release dated August 11, 2026 reporting second quarter 2026 results. Contract backlog reached $2 billion as of August 10, 2026, up $650 million sequentially, 47% quarter over quarter and 107% year over year, of which 40% is expected to convert to revenue over the next 12 to 18 months and 60% comes from owned and operated projects with long-term offtake agreements. Revenue was $17.4 million, up 104% from $8.5 million, GAAP gross profit $5.4 million at a 31.0% margin against 29.6%, and adjusted gross margin 38.6%. Why it matters: Revenue guidance of $270 to $310 million requires roughly $245 to $285 million in the second half against $17.4 million in the second quarter — the entire year rests on backlog conversion that has not yet appeared in revenue, and 60% of that backlog is explicitly long-dated owned-asset revenue rather than near-term deliveries. The two descriptions of the gross margin change in the same release are not the same act: raising a range's floor from 15% to 20% narrows it, and the release calls that both a lift and a narrowing.
What changed: The 10-Q filed under Commission file number 001-39982 is that of Energy Vault Holdings, Inc. (NYSE: NRGV) for the quarter ended June 30, 2026, with 181,839,570 shares outstanding as of August 6, 2026. Why it matters: The company itself flags that backlog and pipeline equating to future revenue is a forward-looking assumption rather than a fact, which is the frame a reader needs for the $2 billion backlog figure announced the same day. The condensed financial statements are not in the portion read here.
combination deadlinenothing moved · 1 with no prior record of ours
- Combination deadline
- not previously extracted2026-08-12
The clause “17.0 million and extend the deadline for executing a separate sales contract to August 12, 2026. In July 2026, the Company paid the additional $ 7.0 million reservation fee. The reservation fee is generally nonrefundable, except in”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Energy Vault Holdings, Inc., the Novus Capital Corporation II successor, said its board appointed Nitin Dahiya, 49, as CFO on July 14, 2026, effective July 27, 2026. Dahiya has been a Senior Portfolio Manager at BlackRock since 2018 covering specialty finance and energy transition, and was previously at Paulson & Co. His offer letter provides an annual base salary of $435,000, an award of 400,000 restricted stock units, 400,000 performance restricted stock units vesting in three tranches on share price targets, a 75% annual bonus target and a $100,000 signing bonus. Why it matters: An 800,000-unit equity package for a single hire is the number a holder should note, and half of it vests only on the stock reaching specified price targets — management is being paid to move the share price, which is consistent with a company whose equity is well below its de-SPAC level. Hiring a credit and special-situations investor rather than an operating accountant as CFO also suggests financing or restructuring work ahead rather than routine reporting.
What changed: Energy Vault Holdings, Inc., the Novus Capital Corporation II successor, filed an Amended and Restated AR Convertible Debenture in favour of YA II PN, Ltd. dated June 29, 2026. The original principal amount was $42,000,000 issued on May 18, 2026; an additional principal amount of $38,000,000 was purchased on the issuance date, bringing the outstanding principal to $80,000,000. Principal is repayable when due and interest accrues at the stated rate from the original issuance date, with the securities unregistered under the Securities Act. Why it matters: The facility nearly doubled from $42 million to $80 million in six weeks, and it converts into common stock, so the dilution overhang has grown in proportion. YA II PN is the same counterparty behind equity lines at other companies in this cohort, and its instruments typically convert at a discount to recent trading prices, meaning the share count expands faster as the price falls. For former NXU holders that is $80 million of convertible claims sitting ahead of the equity.
What changed: Energy Vault Holdings, Inc. called its annual meeting for Friday, May 29, 2026 at 12:00 p.m. Eastern Time as a completely virtual meeting at virtualshareholdermeeting.com/NRGV2026, record date March 31, 2026, with each share of common stock entitled to one vote. Business includes ratification of the independent registered public accounting firm for the year ending December 31, 2026. Director RSU awards are sized by dividing the award value by the average price of the common stock over the twenty trading days immediately preceding the reference date. Mr. Why it matters: Routine annual governance for a de-SPAC successor with no trust or redemption right left. The mechanical detail worth noting is that director RSUs are struck off a twenty-day trailing average, so a falling share price automatically increases the number of shares issued for the same dollar value - dilution that accelerates precisely when the stock is weakest. The audit committee operates under NYSE listing standards.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.