Energy Vault Reminds Investors of Redemption of Public Warrants

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--()--Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that as of July 25, 2022, approximately 7.0 million of the total approximately 9.6 million outstanding public warrants (“Public Warrants”) to purchase shares of Energy Vault’s Class A common stock (the “Common Stock”) that were issued under the Warrant Agreement, dated as of February 3, 2021 (the “Warrant Agreement”), by and between the Company (f/k/a Novus Capital Corp. II) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), had been exercised since the Company’s announcement on July 1, 2022 of the cashless redemption of the Public Warrants.
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