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Energy Vault Holdings ( (NRGV) ) just unveiled an announcement.
On December 30, 2025, Energy Vault Holdings amended its existing securities purchase agreement with YA II PN, Ltd. to add a third tranche of $15 million in senior unsecured convertible debentures, bringing the total debenture financing under the arrangement to $65 million following earlier closings on September 22 and December 16, 2025. The new debentures, issued at 98% of principal and maturing on August 30, 2027 with a 7% coupon, carry a fixed conversion price of $7.41 per share and a structured monthly amortization schedule beginning January 26, 2026, subject to market-price-based adjustments, floor-price protections, and caps on ownership and share issuance; proceeds are earmarked for working capital and energy storage project development, while the amended covenants restrict additional indebtedness, variable-rate transactions, and use of the at-the-market equity program, underscoring the company’s continued reliance on private convertible debt financing to fund its storage pipeline and operations.
The most recent analyst rating on (NRGV) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Energy Vault Holdings stock, see the NRGV Stock Forecast page.
Spark’s Take on NRGV Stock
According to Spark, TipRanks’ AI Analyst, NRGV is a Neutral.
Energy Vault Holdings scores well due to strong technical indicators and positive earnings call insights, reflecting strategic growth and financial management improvements. However, ongoing profitability and cash flow challenges, along with a negative P/E ratio, moderate the overall score.
To see Spark’s full report on NRGV stock, click here.
More about Energy Vault Holdings
Energy Vault Holdings, Inc. operates in the energy storage sector, developing and deploying energy storage projects and related technologies. The company focuses on financing, development and construction of storage assets and uses capital markets instruments to support its growth initiatives and general corporate activities.
Average Trading Volume: 3,290,972
Technical Sentiment Signal: Buy
Current Market Cap: $773.5M
For a thorough assessment of NRGV stock, go to TipRanks’ Stock Analysis page.