Eos Energy Announces Expiration and Results of Rights Offering
View original at globenewswire.comEos Energy Announces Expiration and Results of Rights Offering PITTSBURGH, July 23, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc…
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As of the Expiration Date, the Company received subscriptions for 6,885,218 Units offered in the rights offering, based on tabulation by Broadridge.
60% confidenceApproximately $263 million in gross proceeds have been raised in support of Frontier Power USA, exceeding the Company's original target, and is expected to initially support more than $1 billion of deployable project capital.
60% confidenceThe Company expects to receive aggregate gross proceeds from the rights offering of $37.7 million.
60% confidenceThe Subscription Agent is expected to distribute the shares, warrants, and sale proceeds on or about August 3, 2026.
60% confidenceThe Company has applied to list its Warrants on the Nasdaq Capital Market under the symbol EOSEW, but no assurance can be given the application will be approved.
60% confidence