Eos Energy Enterprises sells 13.68M shares and 6M warrants in a registered direct offering to Hudson Bay Capital Management.
Eos Energy Enterprises priced a registered direct offering of 13.68 million shares of common stock at a par value of $0.0001 per share, alongside 6 million warrants. Each warrant grants the right to purchase one additional share of common stock. The offering was directed to Hudson Bay Capital Management.
The transaction follows Eos Energy’s recent efforts to strengthen its balance sheet amid ongoing development of its energy storage solutions. No prior comparable offering size or pricing was disclosed for context. The company has not yet indicated the intended use of proceeds from the sale.