10:09 AM EDT, 05/12/2026 (MT Newswires) -- Fluence Energy ( FLNC ) said Tuesday its controlling stockholders are launching an underwritten public offering of 20 million shares of Class A common stock.

The selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 3 million shares.

Fluence said it is not selling any shares in the offering and will not receive any proceeds from the transaction.

Shares of Fluence Energy ( FLNC ) were down nearly 16% in Tuesday trading.

Price: 21.25, Change: -3.99, Percent Change: -15.79