BE · 10-Q · 2026Q1 · Full report

Acquisition / Partnership / Divestiture

Bloom Energy Corp · 2026-04-29 · Importance 41 · Surprise 60

In connection with a strategic partnership to provide onsite power for AI data centers, Bloom agreed to issue and on April 9, 2026 issued a warrant to Oracle to purchase up to 3,531,073 shares at an exercise price of $113.28 per share (the October 28, 2025 closing price). The Oracle Warrant is fully vested on issuance and immediately exercisable for six months, subject to anti‑dilution, transfer restrictions and customary exercise procedures. The shares and warrant are expected to be issued in reliance on Section 4(a)(2) of the Securities Act and the warrant does not grant voting or dividend rights prior to exercise and settlement. The arrangement is tied to Bloom’s AI data‑center power strategy and may affect future equity dilution if exercised.

Key facts