Eos Energy expects to receive $37.7M in proceeds in rights offering, 25% subscription rate

Filed July 23, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Rights offering closed July 21 with 6.9M of 27.4M units subscribed at $5.481/unit, generating $37.7M gross proceeds toward Frontier Power USA project capital.

  Exhibit 99.1 view on EDGAR →
• high

  Combined with Hudson Bay and Cerberus commitments, total gross proceeds reach ~$263M, exceeding initial target and expected to support >$1B deployable project capital.

  Exhibit 99.1 view on EDGAR →
• medium

  Warrants from the offering applied for Nasdaq listing under "EOSEW"; approval not guaranteed, and warrants may not trade if listing denied.

  Exhibit 99.1 view on EDGAR →