New Fortress Energy Files 8-K

TL;DR

NFE filed an 8-K on March 5th, updating corporate and financial info.

AI Summary

New Fortress Energy Inc. filed an 8-K on March 5, 2024, reporting other events and financial statements. The filing details the company's operations in natural gas distribution and its corporate structure, including previous name changes from NFE Financial Holdings LLC and New Fortress Energy LLC.

Why It Matters

This filing provides an update on New Fortress Energy's corporate and financial reporting, which is important for investors to track the company's status and regulatory compliance.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks or material adverse information.

Key Numbers

• 001-38790 — SEC File Number (Identifies the company's filing with the SEC.)
• 83-1482060 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• New Fortress Energy Inc. (company) — Registrant
• 0001749723-24-000017 (filing_id) — Accession Number
• March 5, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• 111 W. 19th Street, 8th Floor New York, NY 10011 (address) — Principal Executive Offices
• NFE Financial Holdings LLC (company) — Former Company Name
• New Fortress Energy LLC (company) — Former Company Name

FAQ

Key Financial Figures

• $0.01 — stered Class A Common Stock, par value $0.01 per share "NFE" NASDAQ Global Select
• $750 million — reviously announced private offering of $750 million aggregate principal amount of senior se
• $250 million — increase in the size of the offering of $250 million from the previously announced offering
• $500 million — om the previously announced offering of $500 million. The Company intends to use the net pro
• $375 million — btedness, including to repurchase up to $375 million of the Company's existing senior secure

Filing Documents

• nfe-20240305.htm (8-K) — 29KB
• newfortressenergyannounc.htm (EX-99.1) — 7KB
• newfortressenergyannounc001.jpg (GRAPHIC) — 285KB
• newfortressenergyannounc002.jpg (GRAPHIC) — 24KB
• 0001749723-24-000017.txt ( ) — 587KB
• nfe-20240305.xsd (EX-101.SCH) — 2KB
• nfe-20240305_lab.xml (EX-101.LAB) — 21KB
• nfe-20240305_pre.xml (EX-101.PRE) — 12KB
• nfe-20240305_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events On March 5, 2024, New Fortress Energy Inc. (the "Company") announced the pricing of its previously announced private offering of $750 million aggregate principal amount of senior secured notes due 2029 (the "Notes"). The aggregate principal amount represents an increase in the size of the offering of $250 million from the previously announced offering of $500 million. The Company intends to use the net proceeds from the offering to repay a portion of its outstanding indebtedness, including to repurchase up to $375 million of the Company's existing senior secured notes due 2025 pursuant to its tender offer announced on March 5, 2024, together with any fees and related expenses, and/or for general corporate purposes. A copy of the press release is attached hereto as exhibit 99.1, and is incorporated into this Item 8.01 by reference. The Notes and the guarantees thereof will not be registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release, dated March 5, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Cautionary Statement Regarding Forward-Looking Statements This communication contains certain statements and information that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. You can identify these forward-looking statements by the use of forward-looking words such as "expects," "may," "will," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative version of those words or other comparable words. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition or the stock prices of the Company. These forward-looking statements represent the Company's expectations or beliefs concerning future events, and it is possible that the results described herein will not be achieved. These forward-looking statements are necessarily estimates based upon current information and are subject to risks, uncertainties and other factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New f

SIGNATURES

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. NEW FORTRESS ENERGY INC. Date:March 5, 2024 By: /s/ Christopher S. Guinta Name: Christopher S. Guinta Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR