Financing ·
Eos Energy Enterprises, Inc. announced the expiration and preliminary results of its rights offering, which expired on…
EOSEEos Energy Enterprises, Inc.
Eos Energy Enterprises, Inc. announced the expiration and preliminary results of its rights offering, which expired on July 21, 2026. The company received subscriptions for 6,885,218 units at a price of $5.481 per unit, which includes one share of common stock and 0.4388 of a warrant to purchase one share of common stock. The company expects to receive approximately $37.7 million in gross proceeds from the rights offering. Including proceeds from the rights offering, the company has raised approximately $263 million in gross proceeds in support of Frontier Power USA. Eos Energy Enterprises, Inc. operates in the energy storage industry and provides zinc-based long duration energy storage systems.