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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 31, 2022 (February 11, 2022)

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Energy Vault Holdings, Inc.

(Exact name of registrant as specified in its charter)

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Delaware

    

001-39982

    

85-3230987

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

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4360 Park Terrace Drive, Suite 100

Westlake Village, California

    

93161

(Address of principal executive offices)

 

(Zip Code)

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Registrant’s telephone number, including area code: (805) 852-0000

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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Title of each class

    

Trading symbol

    

Name of each exchange
on which registered

Common Stock, par value $0.0001 per share

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NRGV

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New York Stock Exchange

Redeemable warrants, each whole
warrant exercisable for shares of
common stock at an exercise price of
$11.50 per share

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NRGV WS

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New York Stock Exchange

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

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EXPLANATORY NOTE

This Amendment No. 1 to the Form 8-K (the “Form 8-K”) originally filed by Energy Vault Holdings, Inc. (the “Company”) on February 14, 2022 is being filed solely for the purpose of amending the historical financial statements provided under Item 9.01(a) in the Form 8-K to include the audited consolidated financial statements of Energy Vault, Inc. (“Legacy Energy Vault”) as of December 31, 2021 and 2020 and for each of the years in the two-year period ended December 31, 2021 and the related Management’s Discussion and Analysis of Financial Condition and Results of Operations of Legacy Energy Vault. This Amendment No. 1 does not amend any other item of the Form 8-K or purport to provide an update or a discussion of any developments at the Company subsequent to the filing date of the Form 8-K.

Capitalized terms used but not defined herein have the meanings assigned to them in the Form 8-K.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired

The audited consolidated financial statements of Legacy Energy Vault as of December 31, 2021 and 2020 for each of the years in the two-year period ended December 31, 2021 are filed herewith as Exhibit 99.1.

Also included herewith as Exhibit 99.2 and incorporated by reference herein is the related Management’s Discussion and Analysis of Financial Condition and Results of Operations of Legacy Energy Vault.

(d) Exhibits

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Exhibit
No.

    

Description

 

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99.1

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Audited consolidated financial statements of Energy Vault, Inc. and subsidiaries for the years ended December 31, 2021 and 2020

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99.2

​

Management’s Discussion and Analysis of Financial Condition and Results of Operations of Energy Vault

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104

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Cover Page Interactive Data File (embedded within the inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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ENERGY VAULT HOLDINGS, INC.

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DATE: March 31, 2022

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By:

/s/ Robert Piconi

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Robert Piconi

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Chief Executive Officer

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