Mercedes-Benz Corporate Investments discloses 8.1% stake in Factorial Energy
Mercedes-Benz Corporate Investments LLC disclosed ownership of 8,669,995 shares, or 8.1% of Factorial Energy Inc., in a Schedule 13D filing. The holding was acquired in connection with a business combination, and Uwe Keller, Director of Battery Development at Mercedes-Benz Group AG, was elected to Factorial's board. MBCI stated it holds the securities for investment purposes and may review, acquire additional shares, or dispose of its position depending on market conditions.
Key facts
- Mercedes-Benz Corporate Investments LLC owns 8,669,995 shares (8.1% of class)
- Uwe Keller, Director of Battery Development at Mercedes-Benz Group AG, elected to Factorial's board
- Holding acquired in connection with a business combination
- MBCI has sole voting and dispositive power over all 8,669,995 shares
Why it matters
Mercedes-Benz now holds a significant stake in Factorial Energy with direct board representation, signaling the automaker's commitment to the battery-technology partnership while establishing formal influence over Factorial's strategic direction.
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Derived from SCHEDULE 13D filed 2026-06-12. Not investment advice. View the source filing on SEC.gov →