Eos Energy Sets July 1 Record Date for 10–20% Discount Rights Offering
EOSE•Eos Energy will record eligibility on July 1, 2026 at 5:00 pm ET for a rights offering granting shareholders discounted common stock and warrants to finance its Frontier Power USA joint venture contribution. Rights will distribute July 2, 2026 with over-subscription privileges, offering units at a 10–20% discount.
1. Rights Distribution Record Date
Eos Energy has designated July 1, 2026 at 5:00 pm ET as the record date for its rights distribution and will distribute rights on July 2. Advance notice requirements apply to holders of outstanding warrants and convertible notes under existing agreements.
2. Offering Terms and Pricing
Eligible holders will receive rights to subscribe for units composed of common stock and warrants at a subscription price reflecting a 10–20% discount to the 15–30 day volume-weighted average price. The warrant component will represent roughly 25–50% of the total offering value, determined via Black-Scholes.
3. Use of Proceeds and Over-Subscription Privilege
Proceeds from the rights offering will fund Eos’s committed capital contribution to the Frontier Power USA joint venture. Holders exercising their full basic subscription rights may subscribe for additional unsubscribed units under an over-subscription privilege, subject to specified restrictions.
