STOCK TITAN

Energy Vault (NRGV) to file delayed 10-Q May 18 after lender discussion

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Energy Vault Holdings, Inc. notifies the SEC it could not timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2026. The company plans to file the Form 10-Q on May 18, 2026. The delay is attributed to a lender discussion regarding a subsequent event and an associated financial statement reclassification.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 12b-25 notice tied to a lender discussion and reclassification.

The notice states the company will file its Form 10-Q for the quarter ended March 31, 2026 on May 18, 2026. It cites a lender discussion and an associated financial statement reclassification as the reason for the delay.

Timing and the exact nature of the reclassification are not detailed here; subsequent filings should disclose the reclassification and any lender agreements or covenants that affect reported amounts.

Quarter ended March 31, 2026 period covered by the delayed Form 10-Q
Planned filing date May 18, 2026 date company intends to file the Form 10-Q
CUSIP 29280W109 identifier shown on the notice cover page
Rule 12b-25 regulatory
"The extension of time is due to a lender discussion on a subsequent event"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
Form 10-Q regulatory
"plans to submit its Quarterly Report on Form 10-Q for the three months ended March 31, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
subsequent event financial
"lender discussion on a subsequent event and associated financial statement reclassification"
financial statement reclassification financial
"associated financial statement reclassification"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
 
NOTIFICATION OF LATE FILING
  
 
 
 
SEC File Number: 001-39982
CUSIP Number: 29280W109
 
(Check one):
☐ Form 10-K
☐ Form 20-F
☐ Form 11-K
☒ Form 10-Q
☐ Form 10-D
 
☐ Form N-SAR
☐ Form N-CSR
 
    
 For Period Ended:March 31, 2026
 
Transition Report on Form 10-K
 
Transition Report on Form 20-F
 
Transition Report on Form 11-K
 
Transition Report on Form 10-Q
 
Transition Report on Form N-SAR
 For the Transition Period Ended: 
 
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
 
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: Not Applicable


 PART I — REGISTRANT INFORMATION
 
ENERGY VAULT HOLDINGS, INC.
Full Name of Registrant
 
Former Name if Applicable
 
4165 East Thousand Oaks Blvd., Suite 100
Address of Principal Executive Office (Street and Number)
 
Westlake Village, California 91362
City, State and Zip Code



PART II — RULES 12b-25(b) AND (c)
 
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
 
(a)The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
(b)The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
 (c)The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
 
PART III — NARRATIVE
 
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Energy Vault Holdings, Inc. plans to submit its Quarterly Report on Form 10-Q for the three months ended March 31, 2026 on May 18, 2026, following this filing notification. The extension of time is due to a lender discussion on a subsequent event and associated financial statement reclassification.
 



PART IV — OTHER INFORMATION
 

(1)Name and telephone number of person to contact in regard to this notification
 Michael Beer (805) 852-0000
 (Name) (Area Code) (Telephone Number)
  
(2)Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
  
     
☒ Yes    ☐ No
      
(3)Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
  
     
☐ Yes    ☒  No
      
 
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.



ENERGY VAULT HOLDINGS, INC.
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:May 18, 2026 By/s/ Michael Beer
    Name: Michael Beer
Title: Chief Financial Officer
 


FAQ

Why did Energy Vault (NRGV) miss the Form 10-Q deadline?

The company cites a lender discussion and an associated financial statement reclassification as the cause. Energy Vault says it will file the Form 10-Q for the quarter ended March 31, 2026 on May 18, 2026, per the notice.

When will Energy Vault file its delayed 10-Q (NRGV)?

Energy Vault intends to file the Quarterly Report on Form 10-Q on May 18, 2026. The filing will cover the three months ended March 31, 2026 and follows the Rule 12b-25 notification.

Does the Rule 12b-25 notice indicate restated financials for NRGV?

The notice references a financial statement reclassification tied to a lender discussion but does not state a restatement. Details on any reclassification will appear in the forthcoming Form 10-Q filed on May 18, 2026.

Will the delay affect other SEC filings from Energy Vault (NRGV)?

The notice does not indicate additional delayed reports. It confirms prior periodic reports were filed and limits the delay to the Form 10-Q for the quarter ended March 31, 2026 to be filed on May 18, 2026.