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Eos Energy Announces Exercise and Expiration of Public Warrants, Strengthening the Balance Sheet with $76.9 Million in Proceeds
EDISON, N.J., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”) an American energy company and the
About this update from Eos Energy Enterprises, Inc.
[{"type":"text","content":"EDISON, N.J., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (\"Eos\" or the “Company”) an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) manufactured in the United States, today announced that since September 30, 2025, holders of its public warrants have exercised approximately 6.7 million warrants, resulting in gross proceeds of approximately $76.9 million to the Company. The exercised warrants, originally issued in connection with Eos’ public listing, were exercisable at a price of $11.50 per share and have long been reflected in the Company’s fully diluted share count. In accordance with their terms, the EOSEW public warrants expired on November 17, 2025, and are no longer listed or trading on any securities exchange. Following the expiration, a small number of additional warrant exercises remain in process through brokerage and there could be additional warrants that settle over the next couple of days. The additional capital strengthens Eos’ liquidity position as the Company accelerates production of its Z3 technology, expands manufacturing capacity, and executes against its growing commercial backlog and pipeline. About Eos Energy Enterprises Eos is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. The Company’s BESS features the innovative Znyth™ technology, a proven chemistry with readily available non-precious earth components, that is the pre-eminent safe, non-flammable, secure, stable, and scalable alternative to conventional lithium-ion technology. The Company’s BESS is ideal for utility-scale, microgrid, commercial, and industrial long-duration energy storage applications (i.e., 4 to 16+ hours), and provides customers with significant operational flexibility to effectively address current and future increased grid demand and complexity. For more information about Eos (NASDAQ: EOSE), visit eose.com. Contacts Investors:[email protected]:[email protected] Forward Looking Statements Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the \"safe harbor\" provisions of the Private Securities Litigation Reform ...