EOSE · Eos Energy Enterprises Inc. Rt

Eos Energy Enterprises announced the commencement of a previously announced rights offering to eligible holders of its common stock and certain warrants. The offering allows holders to subscribe for up to 27,367,171 units at a subscription price of $5.481 per unit, representing an approximate 10% discount to the closing stock price on June 29, 2026. Each unit consists of one share of common stock and 0.4388 of a warrant to purchase one share of common stock at $5.481 per whole share. The rights are transferable and expected to trade on the Nasdaq Capital Market under the symbol "EOSER" starting July 6, 2026. The offering includes an over-subscription privilege, enabling fully exercising holders to purchase additional unsubscribed units, subject to proration. The company intends to use the net proceeds to fund its previously announced investment in Frontier Power USA Parent, LLC. The rights offering is being made under an effective shelf registration statement and will expire at 5:00 p.m. New York City time on July 21, 2026, unless extended. This capital raise is significant for Eos as it seeks to strengthen its balance sheet and execute its strategic investment, despite potential dilution for existing shareholders.