{"success":true,"data":{"pressRelease":{"id":"61836","rtpr_id":"nGNX12hG1N","ticker":"EOSE","exchange":"NASDAQ","all_tickers":["EOSE"],"title":"Eos Energy Announces Record Date for Rights Offering","author":"Globe Newswire","published_at":"2026-06-11T20:15:00.162Z","article_body":"EDISON, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc.\n(NASDAQ: EOSE)\n(https://www.globenewswire.com/Tracker?data=nMghnFZnu1_c6sDC9O4eW2hIAJMPtRsqP_3-8hfgEARQgXM7n2WBG51xbpHP4a7a7X9ycNU7vklUqe_F9oNlWqfgxaH5eif0n09_VBwYOmKACNMNAzwG1fjEe9wTaVJ_)\n(\"Eos\" or the “Company”), America’s leading innovator in designing,\nmanufacturing, and providing zinc-based long duration energy storage (LDES)\nsystems sourced and manufactured in the United States, today announced certain\nterms of a distribution (the \"Rights Distribution\") of subscription rights to\nholders of its common stock and holders of its warrants to purchase common\nstock issued on April 14, 2023, May 17, 2023, December 19, 2023 and November\n21, 2025 (collectively, “Eligible Holders”) to acquire shares of the\nCompany’s common stock and warrants to purchase shares of the Company’s\ncommon stock in a rights offering to fund the Company’s previously announced\ncapital contribution in the Frontier Power USA joint venture.\n\nThe record date for the Rights Distribution will be at 5:00 pm New York time\non July 1, 2026 (the “Record Date”) and the distribution date for the\nRights Distribution will be on July 2, 2026. Pursuant to the terms of certain\nof the Company’s outstanding warrants and convertible notes, the Company is\nrequired to provide advance notice of the Rights Distribution to holders of\nsuch securities, including a 20-calendar-day notice period for certain holders\nof the Company’s outstanding warrants and a 10-scheduled trading-day notice\nperiod for holders of the Company’s outstanding convertible notes.\n\nIn the rights offering, the Company expects to distribute rights to acquire a\nnumber of units comprised of the Company’s common stock and warrants (the\n“Units”). Each right will entitle an Eligible Holder to purchase, pursuant\nto the basic subscription privilege, a number of Units at a subscription price\nequal to an approximate 10% to 20% discount to the volume weighted average\ntrading price of the Company’s common stock for a 15 to 30 day trading\nperiod ending on and including the trading day prior to the Record Date. The\nwarrants to be included in the Units will have a value equal to approximately\n25% to 50% of the aggregate rights offering amount (with such value to be\nbased on a Black-Scholes methodology). The rights offering will include an\nover-subscription privilege to permit each Eligible Holder that exercises its\nbasic subscription rights in full to purchase additional Units (if any) that\nremain unsubscribed on the expiration date for the offering, subject to\ncertain restrictions. Further details on the terms of the rights offering and\nthe procedures pursuant to which Eligible Holders can exercise their rights\nand the transferability of such rights will be announced at the commencement\nof the rights offering. Following the commencement of the rights offering, the\nCompany expects to provide additional investor communications in accordance\nwith applicable securities laws and regulations.\n\nThe rights offering will be made pursuant to the Company's existing effective\nshelf registration statement on Form S-3 on file with the Securities and\nExchange Commission (the \"SEC\") and a prospectus supplement (and the\naccompanying base prospectus) to be filed with the SEC prior to the\ncommencement of the rights offering. The completion of the rights offering\nremains subject to the satisfaction of certain conditions, and the Company\nreserves the right to amend or terminate the rights offering at any time prior\nto the expiration date of the rights offering.\n\nAbout Eos Energy Enterprises\n\nEos is accelerating the shift to American energy independence with positively\ningenious solutions that transform how the world stores power. The Company’s\nBESS features the innovative Znyth™ technology, a proven chemistry with\nreadily available non-precious earth components, that is the pre-eminent safe,\nnon-flammable, secure, stable, and scalable alternative to conventional\ntechnology. The Company’s BESS is ideal for utility-scale, microgrid,\ncommercial, and industrial long-duration energy storage applications (i.e., 4\nto 16+ hours), and provides customers with significant operational flexibility\nto effectively address current and future increased grid demand and\ncomplexity. For more information about Eos (NASDAQ: EOSE), visit eose.com\n(https://www.globenewswire.com/Tracker?data=NorZdc191uA2UkLTfKJFc0HbNVMuDXpaFAmo_fIM2pco4v5ouGzXI_ol7BZ1O8828dkkp-WBv6WMs0-La884jw==).\n\n Contacts                    \n Investors:  ir@eose.com     \n Media:      media@eose.com  \n                             \n\nForward Looking Statements and Important Information\n\nExcept for the historical information contained herein, the matters set forth\nin this press release are forward-looking statements within the meaning of the\n\"safe harbor\" provisions of the Private Securities Litigation Reform Act of\n1995. Forward-looking statements include, but are not limited to, statements\nregarding the Rights Distribution, the rights offering, and our contemplated\ninvestment in Frontier Power USA. The words \"anticipate,\" \"believe,\"\n\"continue,\" \"could,\" \"estimate,\" \"expect,\" \"intends,\" \"may,\" \"might,\" \"plan,\"\n\"possible,\" \"potential,\" \"predict,\" \"project,\" \"should,\" \"would\" and similar\nexpressions may identify forward-looking statements, but the absence of these\nwords does not mean that a statement is not forward-looking. Forward-looking\nstatements are based on our management’s beliefs, as well as assumptions\nmade by, and information currently available to, them. Because such statements\nare based on expectations as to future results and are not statements of fact,\nactual results may differ materially from those projected.\n\nFactors which may cause actual results to differ materially from current\nexpectations include, but are not limited to: changes adversely affecting the\nbusiness in which we are engaged; our ability to forecast trends accurately;\nour ability to generate cash, service indebtedness and incur additional\nindebtedness; our ability to raise financing in the future; our ability to\nobtain stockholder approval of an increase to our authorized common stock; our\nability to complete a rights offering to raise funds for purposes of\ncapitalizing Frontier Power USA, including satisfying applicable conditions to\nthe rights offering; risks associated with the joint venture, including the\nrisk that the joint venture will not be completed on the anticipated terms if\nat all; risks associated with the credit agreement with Cerberus, including\nrisks of default, and dilution of outstanding common stock; our customers’\nability to secure project financing; the amount of final tax credits available\nto our customers or to Eos pursuant to the Inflation Reduction Act, including\npotential impacts from any repeal or modifications of the legislation; the\ntiming and availability of future funding under the Department of Energy Loan\nFacility; our ability to continue to develop efficient manufacturing processes\nto scale and to forecast related costs and efficiencies accurately;\nfluctuations in our revenue and operating results; competition from existing\nor new competitors; our ability to convert firm order backlog and pipeline to\nrevenue; risks associated with security breaches in our information technology\nsystems; risks related to legal proceedings or claims; risks associated with\nevolving energy policies in the United States and other countries and the\npotential costs of regulatory compliance; risks associated with changes to the\nU.S. trade environment; our ability to maintain the listing of our shares of\ncommon stock on NASDAQ; our ability to grow our business and manage growth\nprofitably, maintain relationships with customers and suppliers and retain our\nmanagement and key employees; risks related to adverse changes in general\neconomic conditions, including inflationary pressures and increased interest\nrates; risk from supply chain disruptions and other impacts of geopolitical\nconflict; changes in applicable laws or regulations; the possibility that Eos\nmay be adversely affected by other economic, business, and/or competitive\nfactors; other factors beyond our control; risks related to adverse changes in\ngeneral economic conditions; and other risks and uncertainties indicated.\n\nThe forward-looking statements contained in this press release are also\nsubject to additional risks, uncertainties, and factors, including those more\nfully described in the Company’s most recent filings with the Securities and\nExchange Commission, including the Company’s most recent Annual Report on\nForm 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on\npotential risks that could affect actual results will be included in the\nsubsequent periodic and current reports and other filings that the Company\nmakes with the Securities and Exchange Commission from time to time. Moreover,\nthe Company operates in a very competitive and rapidly changing environment,\nand new risks and uncertainties may emerge that could have an impact on the\nforward-looking statements contained in this press release.\nForward-looking statements speak only as of the date they are made. Should one\nor more of these risks or uncertainties materialize or should any of our\nassumptions prove incorrect, actual results may vary in material respects from\nthose projected in these forward-looking statements. Readers are cautioned not\nto put undue reliance on forward-looking statements, and, except as required\nby law, the Company assumes no obligation and does not intend to update or\nrevise these forward-looking statements, whether as a result of new\ninformation, future events, or otherwise.\n\nThis press release is for informational purposes only and does not constitute\nan offer to sell or the solicitation of an offer to buy any securities,\nincluding any securities in a rights offering. There shall be no offer to sell\nor the solicitation of an offer to buy or any sale of subscription rights,\ncommon stock, warrants or any other securities in any state or other\njurisdiction in which such offer, solicitation or sale would be unlawful prior\nto registration or qualification under the securities laws of any such state\nor other jurisdiction. The rights offering will be made pursuant to our\neffective shelf registration statement, including a base prospectus, under the\nSecurities Act of 1933, as amended, and a prospectus supplement to be filed\nwith the SEC which will contain information about the Company and the rights\noffering, and should be read carefully before any investment, and is subject\nto the receipt of certain consents under our existing debt agreements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e491879a-7067-4b84-b74e-3ec1f45c26af)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX12hG1N","title":"Eos Energy Announces Record Date for Rights Offering","author":"Globe Newswire","ticker":"EOSE","created":"2026-06-11T20:15:00.162Z","tickers":["EOSE"],"exchange":"NASDAQ","article_body":"EDISON, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc.\n(NASDAQ: EOSE)\n(https://www.globenewswire.com/Tracker?data=nMghnFZnu1_c6sDC9O4eW2hIAJMPtRsqP_3-8hfgEARQgXM7n2WBG51xbpHP4a7a7X9ycNU7vklUqe_F9oNlWqfgxaH5eif0n09_VBwYOmKACNMNAzwG1fjEe9wTaVJ_)\n(\"Eos\" or the “Company”), America’s leading innovator in designing,\nmanufacturing, and providing zinc-based long duration energy storage (LDES)\nsystems sourced and manufactured in the United States, today announced certain\nterms of a distribution (the \"Rights Distribution\") of subscription rights to\nholders of its common stock and holders of its warrants to purchase common\nstock issued on April 14, 2023, May 17, 2023, December 19, 2023 and November\n21, 2025 (collectively, “Eligible Holders”) to acquire shares of the\nCompany’s common stock and warrants to purchase shares of the Company’s\ncommon stock in a rights offering to fund the Company’s previously announced\ncapital contribution in the Frontier Power USA joint venture.\n\nThe record date for the Rights Distribution will be at 5:00 pm New York time\non July 1, 2026 (the “Record Date”) and the distribution date for the\nRights Distribution will be on July 2, 2026. Pursuant to the terms of certain\nof the Company’s outstanding warrants and convertible notes, the Company is\nrequired to provide advance notice of the Rights Distribution to holders of\nsuch securities, including a 20-calendar-day notice period for certain holders\nof the Company’s outstanding warrants and a 10-scheduled trading-day notice\nperiod for holders of the Company’s outstanding convertible notes.\n\nIn the rights offering, the Company expects to distribute rights to acquire a\nnumber of units comprised of the Company’s common stock and warrants (the\n“Units”). Each right will entitle an Eligible Holder to purchase, pursuant\nto the basic subscription privilege, a number of Units at a subscription price\nequal to an approximate 10% to 20% discount to the volume weighted average\ntrading price of the Company’s common stock for a 15 to 30 day trading\nperiod ending on and including the trading day prior to the Record Date. The\nwarrants to be included in the Units will have a value equal to approximately\n25% to 50% of the aggregate rights offering amount (with such value to be\nbased on a Black-Scholes methodology). The rights offering will include an\nover-subscription privilege to permit each Eligible Holder that exercises its\nbasic subscription rights in full to purchase additional Units (if any) that\nremain unsubscribed on the expiration date for the offering, subject to\ncertain restrictions. Further details on the terms of the rights offering and\nthe procedures pursuant to which Eligible Holders can exercise their rights\nand the transferability of such rights will be announced at the commencement\nof the rights offering. Following the commencement of the rights offering, the\nCompany expects to provide additional investor communications in accordance\nwith applicable securities laws and regulations.\n\nThe rights offering will be made pursuant to the Company's existing effective\nshelf registration statement on Form S-3 on file with the Securities and\nExchange Commission (the \"SEC\") and a prospectus supplement (and the\naccompanying base prospectus) to be filed with the SEC prior to the\ncommencement of the rights offering. The completion of the rights offering\nremains subject to the satisfaction of certain conditions, and the Company\nreserves the right to amend or terminate the rights offering at any time prior\nto the expiration date of the rights offering.\n\nAbout Eos Energy Enterprises\n\nEos is accelerating the shift to American energy independence with positively\ningenious solutions that transform how the world stores power. The Company’s\nBESS features the innovative Znyth™ technology, a proven chemistry with\nreadily available non-precious earth components, that is the pre-eminent safe,\nnon-flammable, secure, stable, and scalable alternative to conventional\ntechnology. The Company’s BESS is ideal for utility-scale, microgrid,\ncommercial, and industrial long-duration energy storage applications (i.e., 4\nto 16+ hours), and provides customers with significant operational flexibility\nto effectively address current and future increased grid demand and\ncomplexity. For more information about Eos (NASDAQ: EOSE), visit eose.com\n(https://www.globenewswire.com/Tracker?data=NorZdc191uA2UkLTfKJFc0HbNVMuDXpaFAmo_fIM2pco4v5ouGzXI_ol7BZ1O8828dkkp-WBv6WMs0-La884jw==).\n\n Contacts                    \n Investors:  ir@eose.com     \n Media:      media@eose.com  \n                             \n\nForward Looking Statements and Important Information\n\nExcept for the historical information contained herein, the matters set forth\nin this press release are forward-looking statements within the meaning of the\n\"safe harbor\" provisions of the Private Securities Litigation Reform Act of\n1995. Forward-looking statements include, but are not limited to, statements\nregarding the Rights Distribution, the rights offering, and our contemplated\ninvestment in Frontier Power USA. The words \"anticipate,\" \"believe,\"\n\"continue,\" \"could,\" \"estimate,\" \"expect,\" \"intends,\" \"may,\" \"might,\" \"plan,\"\n\"possible,\" \"potential,\" \"predict,\" \"project,\" \"should,\" \"would\" and similar\nexpressions may identify forward-looking statements, but the absence of these\nwords does not mean that a statement is not forward-looking. Forward-looking\nstatements are based on our management’s beliefs, as well as assumptions\nmade by, and information currently available to, them. Because such statements\nare based on expectations as to future results and are not statements of fact,\nactual results may differ materially from those projected.\n\nFactors which may cause actual results to differ materially from current\nexpectations include, but are not limited to: changes adversely affecting the\nbusiness in which we are engaged; our ability to forecast trends accurately;\nour ability to generate cash, service indebtedness and incur additional\nindebtedness; our ability to raise financing in the future; our ability to\nobtain stockholder approval of an increase to our authorized common stock; our\nability to complete a rights offering to raise funds for purposes of\ncapitalizing Frontier Power USA, including satisfying applicable conditions to\nthe rights offering; risks associated with the joint venture, including the\nrisk that the joint venture will not be completed on the anticipated terms if\nat all; risks associated with the credit agreement with Cerberus, including\nrisks of default, and dilution of outstanding common stock; our customers’\nability to secure project financing; the amount of final tax credits available\nto our customers or to Eos pursuant to the Inflation Reduction Act, including\npotential impacts from any repeal or modifications of the legislation; the\ntiming and availability of future funding under the Department of Energy Loan\nFacility; our ability to continue to develop efficient manufacturing processes\nto scale and to forecast related costs and efficiencies accurately;\nfluctuations in our revenue and operating results; competition from existing\nor new competitors; our ability to convert firm order backlog and pipeline to\nrevenue; risks associated with security breaches in our information technology\nsystems; risks related to legal proceedings or claims; risks associated with\nevolving energy policies in the United States and other countries and the\npotential costs of regulatory compliance; risks associated with changes to the\nU.S. trade environment; our ability to maintain the listing of our shares of\ncommon stock on NASDAQ; our ability to grow our business and manage growth\nprofitably, maintain relationships with customers and suppliers and retain our\nmanagement and key employees; risks related to adverse changes in general\neconomic conditions, including inflationary pressures and increased interest\nrates; risk from supply chain disruptions and other impacts of geopolitical\nconflict; changes in applicable laws or regulations; the possibility that Eos\nmay be adversely affected by other economic, business, and/or competitive\nfactors; other factors beyond our control; risks related to adverse changes in\ngeneral economic conditions; and other risks and uncertainties indicated.\n\nThe forward-looking statements contained in this press release are also\nsubject to additional risks, uncertainties, and factors, including those more\nfully described in the Company’s most recent filings with the Securities and\nExchange Commission, including the Company’s most recent Annual Report on\nForm 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on\npotential risks that could affect actual results will be included in the\nsubsequent periodic and current reports and other filings that the Company\nmakes with the Securities and Exchange Commission from time to time. Moreover,\nthe Company operates in a very competitive and rapidly changing environment,\nand new risks and uncertainties may emerge that could have an impact on the\nforward-looking statements contained in this press release.\nForward-looking statements speak only as of the date they are made. Should one\nor more of these risks or uncertainties materialize or should any of our\nassumptions prove incorrect, actual results may vary in material respects from\nthose projected in these forward-looking statements. Readers are cautioned not\nto put undue reliance on forward-looking statements, and, except as required\nby law, the Company assumes no obligation and does not intend to update or\nrevise these forward-looking statements, whether as a result of new\ninformation, future events, or otherwise.\n\nThis press release is for informational purposes only and does not constitute\nan offer to sell or the solicitation of an offer to buy any securities,\nincluding any securities in a rights offering. There shall be no offer to sell\nor the solicitation of an offer to buy or any sale of subscription rights,\ncommon stock, warrants or any other securities in any state or other\njurisdiction in which such offer, solicitation or sale would be unlawful prior\nto registration or qualification under the securities laws of any such state\nor other jurisdiction. The rights offering will be made pursuant to our\neffective shelf registration statement, including a base prospectus, under the\nSecurities Act of 1933, as amended, and a prospectus supplement to be filed\nwith the SEC which will contain information about the Company and the rights\noffering, and should be read carefully before any investment, and is subject\nto the receipt of certain consents under our existing debt agreements.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e491879a-7067-4b84-b74e-3ec1f45c26af)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-11T20:15:00.202544289Z","server_sent_at_ms":1781208900202},"received_at":"2026-06-11T20:15:00.337Z","source_url":null},"analysis":{"id":"51263","press_release_id":"61836","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["Rights offering priced at 10-20% discount to market price","Dilution of existing equity and warrant holders","Capital raise dependent on completion of Frontier Power USA joint venture"],"eventType":"offering","narrative":"Eos Energy has set a record date of July 1, 2026, for a rights offering to raise capital for its Frontier Power USA joint venture.\n\nThe offering will distribute subscription rights to existing shareholders and warrant holders, allowing them to purchase units of common stock and warrants.\n\nThe subscription price will be set at a 10% to 20% discount to the volume-weighted average trading price, creating immediate dilution risk and downward price pressure for non-participating shareholders.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Eos Energy announces dilutive rights offering with 10-20% discount to fund joint venture; watch for short-term price pressure."},"keyFigures":{"customDimensions":{"record_date":"July 1, 2026","discount_range":"10% to 20%","distribution_date":"July 2, 2026","warrant_value_range":"25% to 50% of aggregate offering amount"}},"quotedText":"Each right will entitle an Eligible Holder to purchase, pursuant to the basic subscription privilege, a number of Units at a subscription price equal to an approximate 10% to 20% discount to the volume weighted average trading price of the Company’s common stock","namedEntities":{"people":[],"products":["Znyth","BESS"],"companies":[{"name":"Eos Energy Enterprises, Inc.","ticker":"EOSE","relationship":"filer"},{"name":"Frontier Power USA","relationship":"joint venture partner"},{"name":"Cerberus","relationship":"lender"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"The company is launching a rights offering to raise capital for a joint venture. Rights offerings are inherently dilutive to existing shareholders who do not participate, and the explicit mention of a 10-20% discount to the market price signals immediate downward pressure on the stock price. This is a significant capital structure event."},"tickerRelevance":{"others":[],"primary":"EOSE"},"globalImportance":35,"audienceRelevance":40,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"dilutive_capital_raise","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"bearish","material_impact_score":4,"narrative":"Eos Energy has set a record date of July 1, 2026, for a rights offering to raise capital for its Frontier Power USA joint venture.\n\nThe offering will distribute subscription rights to existing shareholders and warrant holders, allowing them to purchase units of common stock and warrants.\n\nThe subscription price will be set at a 10% to 20% discount to the volume-weighted average trading price, creating immediate dilution risk and downward price pressure for non-participating shareholders.","key_figures":{"customDimensions":{"record_date":"July 1, 2026","discount_range":"10% to 20%","distribution_date":"July 2, 2026","warrant_value_range":"25% to 50% of aggregate offering amount"}},"named_entities":{"people":[],"products":["Znyth","BESS"],"companies":[{"name":"Eos Energy Enterprises, Inc.","ticker":"EOSE","relationship":"filer"},{"name":"Frontier Power USA","relationship":"joint venture partner"},{"name":"Cerberus","relationship":"lender"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-11T20:15:56.955Z","global_importance":35,"audience_relevance":40,"importance_components":{"tickerTier":"small-cap","eventGravity":"dilutive_capital_raise","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"durationMs":36731,"modelName":"george-droid-qwen-72b"}}