Eos Energy Enterprises, Inc.

Eos Energy Enterprises, Inc., CCM Frontier JV Holdco, LLC, and HBC MSF Capital Solutions Blocker II LLC entered into an Amended and Restated Limited Liability Company Agreement for Frontier Power USA Parent, LLC, formalizing their joint venture. Eos contributed over $112.6 million, CCM Frontier contributed $100 million, and HBC contributed $50 million to the JV Company. Eos also issued warrants to CCM Frontier and HBC, allowing them to purchase Eos common shares at an exercise price of $5.481 per share. The JV Company will be managed by a seven-member board, with CCM Frontier appointing four and Eos appointing up to three.

Eos Energy Enterprises reported a significant increase in total revenue for the first half of 2026, reaching $125.74 million, a 389% rise from the prior year, largely driven by related-party product revenue. However, the company posted a net loss of $(275.71) million for the second quarter of 2026, widening from the previous year. Net cash used in operating activities increased substantially to $(191.75) million for the six-month period, and cash and cash equivalents decreased. The company also noted the formation of a joint venture with warrants valued at $151.56 million.

Eos Energy Enterprises reported Q2 2026 revenue of $68.8 million, a 351% year-over-year increase, driven by higher cube deliveries. The company's backlog expanded to a record $807 million, up 25% sequentially. Eos also tightened its full-year 2026 revenue guidance to $300 million-$350 million. Key business developments include securing a $100 million purchase order for the Blanquilla project, a strategic partnership with the Department of War, and launching commercial production on Line 2 at its Thorn Hill facility.

Eos Energy Enterprises announced the expiration and preliminary results of its rights offering, which concluded on July 21, 2026. The company received subscriptions for 6,885,218 Units, expecting to raise approximately $37.7 million in gross proceeds. This offering, combined with investments from Hudson Bay Capital Management and Cerberus Capital Management, brings the total gross proceeds for Frontier Power USA to about $263 million, exceeding the company's target and expected to support over $1 billion in deployable project capital.

Eos Energy Enterprises announced the expected initial capitalization of Frontier Power USA (FPUSA), its joint venture with Cerberus Capital Management. FPUSA secured approximately $263 million in gross equity, exceeding the initial target of $250 million. This funding includes $113 million from Eos, $100 million from Cerberus, and $50 million from Hudson Bay Capital, and is expected to support over $1 billion of deployable project capital. The capitalization was partly funded by Eos's rights offering, which raised approximately $37.7 million.

Eos Energy Enterprises, Inc. announced the results of its rights offering, which expired on July 21, 2026, generating $37.7 million in gross proceeds from the subscription of 6,885,218 Units. Including this offering and prior investments from Hudson Bay Capital Management and Cerberus Capital Management, the company has raised approximately $263 million in gross proceeds for Frontier Power USA. This amount surpasses the initial target and is anticipated to support over $1 billion in deployable project capital. Eos Energy has also applied to list the warrants issued in the offering on the Nasdaq Capital Market under the symbol "EOSEW".

Eos Energy Enterprises announced a strategic partnership with the Department of War, securing a "Golden Dome for America" contract. This initiative involves deploying Eos' Z3™ zinc-based long-duration energy storage technology as a prototype at a critical installation to enhance national defense infrastructure resilience. The American-made system, with 91% domestic content, is designed to secure power and strengthen mission readiness, with plans to scale as defense needs evolve.

Eos Energy Enterprises announced preliminary Q2 2026 financial results, expecting record quarterly revenue of $68 million to $69 million, driven by a more than three-fold increase in shipments year-over-year. The company also reported a record backlog of approximately $807 million, up 25% from the prior quarter, and total cash of about $364 million. While gross margin loss is anticipated between 69% and 73% due to start-up costs for its new Battery Line 2, the expansion significantly increases capacity and is expected to improve unit economics and margins over time.

Eos Energy Enterprises announced the appointment of Haiyan Song to its Board of Directors and Marie Batz Martin as its new Chief Legal Officer. Song brings extensive experience in technology, cybersecurity, and software, aiming to strengthen Eos's digital strategy. Martin, with over two decades of legal and governance leadership, will support the company's scaling manufacturing and commercial deployment. These changes are part of Eos's efforts to build a robust foundation as it expands in the energy storage market.

Eos Energy Enterprises announced the availability of a virtual investor presentation through NetRoadshow related to its previously announced rights offering. The presentation will be accessible until the rights offering expires on July 21, 2026, at 5:00 p.m. New York City time. The company filed the prospectus supplement for the offering with the SEC on July 2, 2026, and further details are available on the SEC website.