OPAL Fuels Inc. Files 8-K on Financials

TL;DR

OPAL Fuels filed an 8-K detailing financials, former name was ArcLight Clean Transition Corp. II.

AI Summary

OPAL Fuels Inc. filed an 8-K on March 13, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits. The company was formerly known as ArcLight Clean Transition Corp. II until January 25, 2021.

Why It Matters

This 8-K filing provides an update on OPAL Fuels Inc.'s financial performance and condition, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting financial information and does not indicate any unusual or significant risks.

Key Players & Entities

• OPAL Fuels Inc. (company) — Registrant
• ArcLight Clean Transition Corp. II (company) — Former name of registrant
• March 13, 2024 (date) — Date of report
• January 25, 2021 (date) — Date of name change

FAQ

Filing Documents

• opal-20240313.htm (8-K) — 31KB
• opalfuels4q23earningsrelea.htm (EX-99.1) — 526KB
• opaljpegaa.jpg (GRAPHIC) — 6KB
• 0001842279-24-000008.txt ( ) — 733KB
• opal-20240313.xsd (EX-101.SCH) — 2KB
• opal-20240313_lab.xml (EX-101.LAB) — 23KB
• opal-20240313_pre.xml (EX-101.PRE) — 13KB
• opal-20240313_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition On March 13, 2024, OPAL Fuels Inc. (the "Company") issued a press release regarding its financial results for the three and twelve months ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto. The information disclosed under this Item 2.02 of this Current Report on Form 8-K, including the exhibit, is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. By filing this Current Report on Form 8-K and furnishing this information, the Company makes no statement or admission as to the materiality of any information in this Item 2.02 or the exhibit attached hereto. This Current Report on Form 8-K, including the exhibit, contains forward-looking statements within the meaning of the federal securities laws. These forward looking statements are based on current expectations and are not guarantees of future performance. Further, the forward-looking statements are subject to the limitations listed in Exhibit 99.1 and in the other SEC reports of the Company, including that actual events or results may differ materially from those in the forward-looking statements. Additionally, to supplement the Company's financial statements presented in accordance with accounting principles generally accepted in the United States of America ("GAAP") in Exhibit 99.1, the Company uses a non-GAAP financial measure that it calls adjusted EBITDA ("Adjusted EBITDA"). This non-GAAP measure adjusts net income for interest and financing expense, net, loss on debt extinguishment, net (income) loss attributable to non-controlling interests, depreciation, amor

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits Exhibit Number Description 99.1 Press release, issued by OPAL Fuels Inc., dated March 13, 2024 SIGNATURE 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. Date: March 13, 2024 OPAL Fuels Inc. By: /s/ Scott Contino Name: Scott Contino Title: Interim Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR