Eos Energy Enterprises, Inc. announced that it has entered into a securities purchase agreement to issue 59 shares of non-voting, non-convertible Series A-1 Preferred Stock at a price of $455,822.59 each share for the gross proceeds of $26,893,532.81 and warrants on June 21, 2024. The warrants will be exercisable into 43,276,194 shares at an exercise price of $0.01 per share. The transaction will include participation from new investor, CCM Denali Equity Holdings, LP.
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- Eos Energy Enterprises, Inc. announced that it expects to receive $26.893533 million in funding from CCM Denali Equity Holdings, LP