8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 11, 2022

___________________________________

Altus Power, Inc.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware (State or other jurisdiction of incorporation or organization)	001-39798 (Commission File Number)	85-3448396 (I.R.S. Employer Identification Number)
2200 Atlantic Street, 6th Floor Stamford, CT 06902
(Address of principal executive offices and zip code)
(203) 698-0090
(Registrant's telephone number, including area code)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol	Name of each exchange on which registered
Class A common stock, par value $0.0001 per share	AMPS	New York Stock Exchange
Warrants to purchase one share of Class A common stock, each at an exercise price of $11.00	AMPS WS	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or in Rule 12b-2 of the Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On October 11, 2022, Altus Power, Inc. (the “Company”) issued a press release announcing that approximately 10,839,987 public and private placement warrants (the “Redeemable Warrants”) have been exercised as of October 10, 2022. As previously announced on September 15, 2022, the Company provided to the holders of Redeemable Warrants that their warrants will be redeemed in accordance with the the terms of the Warrant Agreement dated as of December 10, 2020 between the Company and Continental Stock Transfer & Trust Company, as warrant agent, if they are not exercised before 5:00 p.m. New York City time on October 17, 2022 (the “Redemption Date”). A copy of our press release is filed as Exhibit 99.1, attached hereto.

Neither this Current Report on Form 8-K nor the press release attached hereto as Exhibit 99.1 constitute an offer to sell or the solicitation of an offer to buy any of the Company’s securities.

Item 9.01 – Exhibits.

Exhibit No.	Description
99.1	Press Release dated October 11, 2022
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 11, 2022

Altus Power, Inc.
By:	/s/ Gregg J. Felton
Name:	Gregg J. Felton
Title:	Co-Chief Executive Officer and Director

EX-99.1

Altus Power, Inc. Reminds Investors of

the Redemption of Public and Private Placement Warrants

STAMFORD, CT, October 11, 2022 – Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”) (Nasdaq: AMPS), announced that as of October 10, 2022, approximately 10,839,987 public and private placement warrants (the “Redeemable Warrants”) have been exercised. As previously announced on September 15, 2022, the Company provided notice to the holders of the Redeemable Warrants that their warrants will be redeemed in accordance with the terms of the Warrant Agreement dated as of December 10, 2020 between the Company and Continental Stock Transfer & Trust Company, as warrant agent, if they are not exercised before 5:00 p.m. New York City time on October 17, 2022 (the “Redemption Date”).

As a courtesy, the Company would like to remind any remaining holders of Redeemable Warrants that if the remaining approximately 3,958,994 Redeemable Warrants are not exercised prior to the Redemption Date, they will be void and no longer exercisable and the holders will be entitled to receive only the redemption price of $0.10 per Redeemable Warrant.

Questions concerning redemption and exercise of such Redeemable Warrants can be directed to Continental Stock Transfer & Trust Company, our warrant agent, One State Street, 30th Floor, New York, NY 10004, Attention: Compliance Department, Email compliance@continentalstock.com.

For more information about the redemption of our Redeemable Warrants, please visit the Company’s investor relations website at https://investors.altuspower.com.

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any offer of any of the Company’s securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About Altus Power, Inc.

Altus Power, based in Stamford, Connecticut, is the premier commercial-scale clean electrification company, serving commercial, industrial, public sector and community solar customers with an end-to-end solution. Altus Power originates, develops, owns and operates locally sited solar generation, energy storage, and EV charging infrastructure across 18 states from Vermont to Hawaii. Visit www.altuspower.com to learn more.

Altus Power Contacts:

For Media:

Cory Ziskind

ICR, Inc.

AltusPowerPR@icrinc.com

For Investors:

Chris Shelton, Head of IR

Caldwell Bailey, ICR, Inc.

InvestorRelations@altuspower.com

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Cover	Oct. 11, 2022
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Oct. 11, 2022
Entity Registrant Name	Altus Power, Inc.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-39798
Entity Tax Identification Number	85-3448396
Entity Address, Address Line One	2200 Atlantic Street, 6th Floor
Entity Address, City or Town	Stamford
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06902
City Area Code	203
Local Phone Number	698-0090
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Central Index Key	0001828723
Amendment Flag	false
Common Class A
Document Information [Line Items]
Title of 12(b) Security	Class A common stock, par value $0.0001 per share
Trading Symbol	AMPS
Security Exchange Name	NYSE
Warrant
Document Information [Line Items]
Title of 12(b) Security	Warrants to purchase one share of Class A common stock, each at an exercise price of $11.00
Trading Symbol	AMPS WS
Security Exchange Name	NYSE