Corporate ActionJul 1, 2026, 05:22 PM
Eos Energy Completes Direct Offering of Shares and Warrants
AI Summary
Eos Energy Enterprises, Inc. completed a previously announced registered direct offering on July 1, 2026. The company issued 13,683,634 shares of common stock and 6,004,378 warrants to Hudson Bay Master Fund Ltd. Each share was offered together with 0.4388 of an accompanying warrant at an aggregate offering price of $5.481. The warrants have an exercise price of $5.481 per share and will expire on the tenth anniversary of their issuance.
Key Highlights
- Issued 13,683,634 shares of common stock in a direct offering.
- Issued 6,004,378 warrants to purchase common stock.
- Warrants have an exercise price of $5.481 per share.
- Each share was offered with 0.4388 of a warrant at $5.481.
- Warrants expire on the tenth anniversary of issuance.
- Securities were issued to Hudson Bay Master Fund Ltd.
Price Impact
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