Eos Energy Enterprises, Inc. (EOSE) announced the commencement of its previously disclosed rights offering. The offering provides eligible holders of the company's common stock and certain outstanding warrants with transferable subscription rights to purchase units consisting of common stock and new warrants. The offering is scheduled to expire on July 21, 2026.
Key Details
- The Offering: Eligible holders as of the record date (July 1, 2026) will receive transferable subscription rights to purchase units. The offering also includes an over-subscription privilege for holders who fully exercise their basic subscription rights.
- Unit Terms: Each Unit is priced at a subscription price of $5.481 and consists of one share of common stock and 0.4388 of a warrant. Each whole warrant allows the holder to purchase one share of common stock at an exercise price of $5.481.
- Timeline: The rights offering commenced on July 2, 2026, and is set to expire at 5:00 p.m., New York City time, on July 21, 2026, unless extended by the company.