Fluence Energy Inc. (NASDAQ: FLNC) announced the pricing of a secondary offering of 20 million shares of Class A common stock by controlling stockholders at $21.00 per share. The selling stockholders granted underwriters a 30-day option to purchase an additional 3 million shares under the same terms.

Fluence will not sell any shares in the offering and will not receive proceeds from the sale. The company stated the offering is entirely secondary, with selling stockholders receiving all proceeds. The offering is expected to close on May 15, 2026, subject to customary closing conditions.

Barclays, Goldman Sachs & Co. LLC and J.P. Morgan serve as joint book-running managers for the offering. BNP Paribas, Citigroup, Mizuho, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities also act as joint book-runners.

The company filed an automatic shelf registration statement on Form S-3 with the Securities and Exchange Commission on May 12, 2026, which became effective upon filing. The offering is being conducted through a prospectus supplement and accompanying prospectus.

Fluence operates as an energy storage and optimization software company serving renewable energy markets. The company reports having gigawatts of projects contracted, deployed, and under management across nearly 50 markets globally.