OPAL Fuels Inc. Files 8-K: Board & Executive Changes
Ticker: OPAL · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1842279
| Field | Detail |
|---|---|
| Company | Opal Fuels Inc. (OPAL) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $500,000, $1,200,000, $150,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, corporate-governance
TL;DR
OPAL Fuels board shakeup and exec comp changes filed. Watch for new strategy.
AI Summary
On February 3, 2025, OPAL Fuels Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the appointment of new officers and directors, as well as information regarding compensatory arrangements for certain key personnel. This report also covers Regulation FD disclosures and financial statements and exhibits.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate internal shifts that may affect future performance and strategy.
Key Players & Entities
- OPAL Fuels Inc. (company) — Registrant
- ArcLight Clean Transition Corp. II (company) — Former Company Name
- February 3, 2025 (date) — Filing Date
FAQ
What specific changes were made to the board of directors and executive officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', but the specific names and details of these changes are not provided in the excerpt.
What is the primary purpose of this 8-K filing?
The primary purpose is to report significant corporate events, including changes in directors and officers, and to provide disclosures related to Regulation FD and financial statements/exhibits.
When was OPAL Fuels Inc. formerly known as?
OPAL Fuels Inc. was formerly known as ArcLight Clean Transition Corp. II, with a date of name change on January 25, 2021.
What is the principal business address of OPAL Fuels Inc.?
The principal business address is One North Lexington Avenue, Suite 1450, White Plains, New York 10601.
What is the SIC code for OPAL Fuels Inc.?
The Standard Industrial Classification (SIC) code for OPAL Fuels Inc. is 4932, categorized under GAS & OTHER SERVICES COMBINED.
Filing Stats: 1,183 words · 5 min read · ~4 pages · Grade level 11 · Accepted 2025-02-03 17:12:24
Key Financial Figures
- $0.0001 — tered Class A common stock, par value $0.0001 per share OPAL The Nasdaq Stock Market
- $500,000 — shall receive an annual base salary of $500,000, will be eligible for an annual bonus o
- $1,200,000 — anted an initial equity grant valued at $1,200,000 consisting 50% of restricted stock unit
- $150,000 — le to receive a sign-on bonus valued at $150,000 and will be eligible to participate in
Filing Documents
- opal-20250203.htm (8-K) — 35KB
- opal_pressreleasekhasan.htm (EX-99.1) — 13KB
- image_0.jpg (GRAPHIC) — 16KB
- 0001842279-25-000008.txt ( ) — 204KB
- opal-20250203.xsd (EX-101.SCH) — 2KB
- opal-20250203_lab.xml (EX-101.LAB) — 23KB
- opal-20250203_pre.xml (EX-101.PRE) — 13KB
- opal-20250203_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 3, 2025, the Company issued a press release announcing the appointment of Mr. Hasan. A copy of the press release is attached hereto as Exhibit 99.1. The information disclosed under this Item 7.01, 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 7.01 or the exhibit attached hereto. Cautionary Statement Regarding Forward-Looking Statements 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.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits Exhibit Number Description 99.1 Press release dated February 3, 2025 104 Cover Page Interactive Data File (embedded within the inline XBRL document). 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: February 3, 2025 OPAL Fuels Inc. By: /s/ John Coghlin Name: John Coghlin Title: General Counsel