Zeo Energy adds floor price to $30M stock deal
Zeo Energy Corp. (symbol ZEO) reports an amendment to its existing Common Stock Purchase Agreement with an investor that provides the right, but not the obligation, to sell up to $30.0 million in newly issued Class A common stock over time.
Rhea-AI Filing Summary
Zeo Energy Corp. (symbol ZEO) reports an amendment to its existing Common Stock Purchase Agreement with an investor that provides the right, but not the obligation, to sell up to $30.0 million in newly issued Class A common stock over time. The amendment changes how the minimum purchase price per share is set for sales made under an Accelerated Purchase Notice.
Under the revised terms, the minimum purchase price per share in an accelerated purchase cannot be lower than a floor price that Zeo Energy may determine in its sole discretion, and cannot be lower than the price specified in the applicable Accelerated Purchase Notice. Previously, Zeo Energy did not have discretion to set such a floor price.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Equity purchase facility size: $30.0 million aggregate gross purchase price
Par value of Class A Common Stock: $0.0001 per share
Warrant exercise price: $11.50 per share
+2 more
5 metrics
Equity purchase facility size
$30.0 million aggregate gross purchase price
Maximum amount of newly issued Class A common stock that may be sold under the Common Stock Purchase Agreement
Par value of Class A Common Stock
$0.0001 per share
Class A Common Stock registered and listed with symbol ZEO
Warrant exercise price
$11.50 per share
Each warrant (ZEOWW) exercisable for one share of Class A Common Stock at this price, subject to adjustment
Amendment date
August 20, 2026
Date of Amendment No. 1 to the Common Stock Purchase Agreement between Zeo Energy and White Lion Capital, LLC
Commission File Number
001-40927
SEC registration file number for Zeo Energy Corp.
Key Terms
Common Stock Purchase Agreement, Accelerated Purchase Notice, floor price, emerging growth company, +1 more
5 terms
Common Stock Purchase Agreement financial
"entered into a Common Stock Purchase Agreement (the “Purchase Agreement”)"
A common stock purchase agreement is a legal contract that spells out the deal when someone buys ordinary shares in a company, specifying how many shares, the price, payment method, and any conditions for the sale. For investors it matters because it defines ownership rights, timing and protections—like a receipt plus rules for a big purchase—so it determines how and when an investor actually acquires voting power and potential returns.
Accelerated Purchase Notice financial
"minimum purchase price per share pursuant to an Accelerated Purchase Notice"
floor price financial
"to be not lower than the applicable floor price, as determined by the Company"
The floor price is the minimum price at which a security, asset, or offering will be sold or accepted, acting like a seller’s “bottom line” or a reserve in an auction. For investors it matters because it sets a visible downside limit and can influence trading, valuation, and expectations of risk—like knowing there’s a safety net that a sale won’t go below a set level.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File (formatted as Inline XBRL)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did ZEO update in this 8-K filing?
Zeo Energy Corp. updated its Common Stock Purchase Agreement with an institutional investor. The agreement permits Zeo Energy to require purchases of its Class A common stock over time, up to an aggregate $30.0 million gross purchase price.
How much stock can Zeo Energy Corp. (ZEO) sell under the purchase agreement?
Zeo Energy Corp. can require purchases of up to $30.0 million in aggregate gross purchase price of newly issued Class A common stock under the Common Stock Purchase Agreement, as disclosed in the filing.
What is the main change made by the August 20, 2026 amendment for ZEO?
The amendment allows Zeo Energy to set a floor price for shares sold under an Accelerated Purchase Notice, so the minimum purchase price per share cannot be below that floor or below the price stated in the notice.
Did Zeo Energy previously have discretion to set a floor price under the agreement?
No. The filing states that previously, the Company did not have the discretion to set a floor price. The amendment newly provides Zeo Energy that discretion for accelerated purchases.
What securities of ZEO are listed on Nasdaq according to this filing?
The filing lists Zeo Energy’s Class A Common Stock, par value $0.0001 per share, trading under symbol ZEO, and its warrants, each exercisable for one share of Class A Common Stock at $11.50, trading under symbol ZEOWW.
Who is the counterparty to Zeo Energy Corp. (ZEO) in the amended purchase agreement?
The counterparty is White Lion Capital, LLC, identified as the investor in the Common Stock Purchase Agreement and Amendment No. 1 dated August 20, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
