HLGN ATHENA TECHNOLOGY ACQUISITION CORP

Heliogen, Inc. to Reschedule Release of First Quarter 2022 Earnings Results and Conference Call

Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today announced the rescheduling of the release of its first quarter 2022 financial results and conference call previously scheduled for Monday, May 9, 2022, and Tuesday, May 10, 2022, respectively. Heliogen will make a further announcement regarding the timing of the release and conference call as soon as practicable.

About Heliogen

Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996. For more information about Heliogen, please visit .

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our financial and business performance, including risk of uncertainty in our financial projections and business metrics and any underlying assumptions thereunder; (ii) our ability to execute our business model, including market acceptance of our planned products and services and achieving sufficient production volumes at acceptable quality levels and prices; (iii) our ability to access sources of capital to finance operations, growth and future capital requirements; (iv) our ability to maintain and enhance our products and brand, and to attract and retain customers; (v) our ability to scale in a cost-effective manner; (vi) changes in applicable laws or regulations; (vii) developments and projections relating to our competitors and industry; (viii) the ongoing impacts of the COVID-19 pandemic and the potential impacts of Russia’s invasion of Ukraine on our business; (ix) our ability to protect our intellectual property and (x) our ability to find and retain critical employee talent and key personnel. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section in our Annual Report on Form 10-K filed for the annual period ended December 31, 2021 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Heliogen assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

EN
10/05/2022

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Reports on ATHENA TECHNOLOGY ACQUISITION CORP

 PRESS RELEASE

Heliogen, Inc. Announces Second Quarter 2022 Financial and Operational...

PASADENA, Calif.--(BUSINESS WIRE)-- Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today provided its second quarter 2022 financial and operational results and reaffirmed its previously announced guidance for 2022. Second Quarter 2022 Highlights Finalized and executed a lease for Brenda Solar Energy Zone with U.S. Bureau of Land Management Announced partnership with Hanwha Power Systems for the production of a 5 megawatt electric (MWe) next-generation supercritical CO2 power block integrated with high-temperature solid medi...

 PRESS RELEASE

Heliogen, Inc. Schedules Release of Second Quarter 2022 Financial Resu...

PASADENA, Calif.--(BUSINESS WIRE)-- Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that it will release financial and operating results for the second quarter 2022 after the market close on Wednesday, August 10, 2022. This release will be followed by a conference call for investors at 10:00 AM EDT on Thursday, August 11. Bill Gross, Founder and Chief Executive Officer of Heliogen, and Christie Obiaya, Chief Financial Officer will host the call. The conference call may be accessed via a live webcast on a listen-only basis i...

 PRESS RELEASE

Heliogen, Inc. Set to Join Russell 3000® Index

PASADENA, Calif.--(BUSINESS WIRE)-- Heliogen, Inc. (“Heliogen”), a leading provider of AI-enabled concentrated solar energy technology, is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a final list of index additions posted June 17. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style ...

 PRESS RELEASE

Heliogen, Inc. Announces First Quarter 2022 Financial and Operational ...

PASADENA, Calif.--(BUSINESS WIRE)-- Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today provided its first quarter 2022 financial and operational results and reaffirmed its previously announced guidance for 2022. First Quarter 2022 Highlights Signed full project agreement with Woodside Energy (USA) Inc. (“Woodside”) for the commercial-scale demonstration and deployment of Heliogen’s AI-enabled concentrated solar energy technology Entered into a collaboration agreement with Woodside to jointly market Heliogen’s technology i...

 PRESS RELEASE

Heliogen to Restate Full Year 2021 Financials

PASADENA, Calif.--(BUSINESS WIRE)-- Heliogen, Inc. (the “Company”) (NYSE:HLGN), 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. As part of the Company’s accounting for revenue contracts with customers during the first quarter of 2022, management, in consultation with its independent registered public accounting firm, considered ...

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