0001828536-24-000040.txt : 20240315
0001828536-24-000040.hdr.sgml : 20240315
20240315183050
ACCESSION NUMBER: 0001828536-24-000040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240313
FILED AS OF DATE: 20240315
DATE AS OF CHANGE: 20240315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROSS WILLIAM
CENTRAL INDEX KEY: 0001079818
ORGANIZATION NAME:
STATE OF INCORPORATION: CA
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39982
FILM NUMBER: 24756409
MAIL ADDRESS:
STREET 1: C/O BILL GROSS' IDEALAB
STREET 2: 130 W UNION STREET
CITY: PASADENA
STATE: CA
ZIP: 91103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Energy Vault Holdings, Inc.
CENTRAL INDEX KEY: 0001828536
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 853230987
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4360 PARK TERRACE DRIVE
STREET 2: SUITE 100
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
BUSINESS PHONE: 805-852-0000
MAIL ADDRESS:
STREET 1: 4360 PARK TERRACE DRIVE
STREET 2: SUITE 100
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
FORMER COMPANY:
FORMER CONFORMED NAME: Novus Capital Corp II
DATE OF NAME CHANGE: 20201015
4
1
wk-form4_1710541839.xml
FORM 4
X0508
4
2024-03-13
0
0001828536
Energy Vault Holdings, Inc.
NRGV
0001079818
GROSS WILLIAM
4360 PARK TERRACE DRIVE, SUITE 100
WESTLAKE VILLAGE
CA
91361
1
0
0
0
0
Common Stock
2024-03-13
4
J
0
130000
1.65
A
1406355
I
Held by Idealab Holdings, LLC
Common Stock
85751
D
Common Stock
4511086
I
Held by Gross Goodstein Living Trust dated April 18, 2006
Common Stock
1590997
I
Held by Idealab Studio, LLC
Common Stock
100000
I
Held by spouse as UTMA custodian for child
Represents an acquisition of securities incident to a default on a debt previously contracted.
Idealab Holdings, LLC (Holdings) is a wholly owned subsidiary of Idealab, a California corporation. Idealab is managed by a board of directors consisting of Mr. Gross, Marcia Goodstein (Mr. Gross's wife), Renee LaBran and Bob Kavner, and no single person has voting or dispositive authority over the securities reported herein. Mr. Gross may be deemed to share beneficial ownership of the securities held by Holdings. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Mr. Gross is co-Trustee together with his wife of the Gross Trust and may be deemed to have beneficial ownership of the securities held by the Gross Trust. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Idealab Studio, LLC (ILS) has a board of managers comprised of Mr. Gross, Allen Morgan, and Howard Morgan. The board of managers acts by majority consent so no single person has sole voting or dispositive authority over such securities. Mr. Gross, Mr. Allen Morgan and Mr. Howard Morgan each disclaims beneficial ownership of the securities held by ILS, except to the extent of his pecuniary interest in such securities. The Gross Goodstein Living Trust dated April 18, 2006 (the Gross Trust) owns a majority of the class of securities entitled to elect two directors to ILS board of managers. Mr. Gross is the Chairman and Chief Executive Officer of ILS. As a result of the foregoing, Mr. Gross may be deemed to beneficially own the common stock held of record by ILS.
The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
/s/ Timothy Maloche, Attorney-in-Fact
2024-03-15