OPAL Fuels Inc. Signs Material Definitive Agreement
Ticker: OPAL · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1842279
| Field | Detail |
|---|---|
| Company | Opal Fuels Inc. (OPAL) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11,096,604, $8,985,585 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, definitive-agreement
TL;DR
OPAL Fuels signed a big deal, details TBD.
AI Summary
On September 13, 2024, OPAL Fuels Inc. entered into a Material Definitive Agreement. The filing does not disclose specific details of the agreement or any associated dollar amounts, but it indicates a significant event for the company.
Why It Matters
This filing signals a significant new contract or partnership for OPAL Fuels Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its terms and potential impact.
Key Players & Entities
- OPAL Fuels Inc. (company) — Registrant
- ArcLight Clean Transition Corp. II (company) — Former company name
- September 13, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the Material Definitive Agreement entered into by OPAL Fuels Inc.?
The filing states that OPAL Fuels Inc. entered into a Material Definitive Agreement on September 13, 2024, but does not provide specific details about its nature.
Are there any financial terms or dollar amounts associated with this agreement disclosed in the filing?
No, the filing does not disclose any specific financial terms or dollar amounts related to the Material Definitive Agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on September 13, 2024.
What was OPAL Fuels Inc.'s former company name?
OPAL Fuels Inc.'s former company name was ArcLight Clean Transition Corp. II.
What is the principal executive office address for OPAL Fuels Inc.?
The principal executive office address for OPAL Fuels Inc. is One North Lexington Avenue, Suite 1450, White Plains, New York 10601.
Filing Stats: 1,063 words · 4 min read · ~4 pages · Grade level 13.1 · Accepted 2024-09-18 18:02:09
Key Financial Figures
- $0.0001 — tered Class A common stock, par value $0.0001 per share OPAL The Nasdaq Stock Market
- $11,096,604 — arty caused Seller to transfer to Buyer $11,096,604 of Tax Credits (as defined in the TCPA)
- $8,985,585 — by Seller for a purchase price equal to $8,985,585, net of fees and expenses. The TCPA co
Filing Documents
- opal-20240913.htm (8-K) — 38KB
- apollo-opalxtcpa20240913xr.htm (EX-10.1) — 272KB
- apollo-opalxsellerguaranty.htm (EX-10.2) — 135KB
- apollotaxcreditsale_91724x.htm (EX-99.1) — 14KB
- image_0.jpg (GRAPHIC) — 16KB
- 0001842279-24-000054.txt ( ) — 686KB
- opal-20240913.xsd (EX-101.SCH) — 2KB
- opal-20240913_lab.xml (EX-101.LAB) — 23KB
- opal-20240913_pre.xml (EX-101.PRE) — 13KB
- opal-20240913_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits Exhibit Number Description 99.1 Press release dated September 18, 2024 10.1 * # Tax Credit Purchase Agreement, dated September 13, 2024 10.2 Guaranty, dated September 13, 2024 104 Cover Page Interactive Data File * Certain of the schedules and exhibits to this exhibit have been omitted pursuant to Regulation S-K Item 601(a)(5). The Company agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon its request # Certain confidential information contained in this document has been redacted in accordance with Item 601(b)(10)(iv) of Regulation S-K. 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: September 18, 2024 OPAL Fuels Inc. By: /s/ Scott Contino Name: Scott Contino Title: Interim Chief Financial Officer