Heliogen to Restate Full Year 2021 Financials

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May 17, 2022

Heliogen, Inc. (the “Company”) (NYSE:HLGN, Financial), a leading provider of AI-enabled concentrated solar energy technology, today announced that it will restate its full-year 2021 financial statements. The restatement, which has no material impact on the Company’s operations, prospects, or liquidity, stems from a revised accounting for one of the Company’s contracts.