Corporate ActionJul 17, 2026, 06:06 AM
ESS Tech Amends $75M ATM Program, Adds Roth Capital Partners
AI Summary
ESS Tech, Inc. entered into an amendment to its Sales Agreement for its "at the market offering" (ATM) program, which allows for the sale of $75 million in common stock. The company terminated its agreements with BMO Capital Markets Corp., Canaccord Genuity LLC, Needham & Company, LLC, and Stifel, Nicolaus & Company, Incorporated. Roth Capital Partners, LLC was added as an additional sales agent and will now act as the "qualified independent underwriter" for the offering.
Key Highlights
- ESS Tech amended its "at the market offering" (ATM) Sales Agreement.
- The ATM program is for selling $75 million of common stock.
- Terminated agreements with BMO, Canaccord, Needham, and Stifel.
- Added Roth Capital Partners, LLC as an additional sales agent.
- Roth Capital Partners assumed responsibilities as "qualified independent underwriter".
Price Impact
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