Fluence Energy Inc.
Fluence Energy Announces Retirement of 65.7 Million Class B-1 Common Shares
Summary
On June 6, 2024, Fluence Energy, Inc. announced the retirement of 65,674,195 shares of Class B-1 Common Stock. This action, resulting from a Certificate of Retirement filed with the Secretary of State of Delaware, reduces the company's total authorized shares by this amount, now totaling 1,544,325,805 shares. The retirement follows the redemption of Class B-1 Common Stock by Siemens Industry, Inc. and AES Grid Stability, LLC, which were settled through the issuance of Class A Common Stock. The Certificate of Retirement is attached as Exhibit 3.1.
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About Fluence Energy Inc.
Fluence Energy Inc. is a leading provider within the energy storage sector, focusing on cutting-edge solutions for electricity and energy management systems. The company's primary function is to enable more efficient, reliable, and sustainable energy usage through its advanced grid-scale battery storage systems. These technologies play a crucial role in modernizing the electric grid, facilitating the integration of renewable energy sources like wind and solar power, and addressing challenges associated with energy intermittency. Fluence Energy Inc. collaborates with utilities, independent power producers, and commercial energy users, providing customized storage solutions that optimize energy flow and contribute to emission reductions. In the broader financial market, Fluence Energy Inc. represents the expanding niche of clean energy technologies, reflecting growing trends towards sustainable investments and innovations in the global push for greener energy infrastructures.
Official SEC Documents
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