---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-054998"
form_type: "8-K"
ticker: "EOSE"
cik: "0001805077"
company_name: "Eos Energy Enterprises, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:32:21.320824+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eos Energy enters $210.5M term loan and $105M revolver; issues warrants and preferred to Cerberus

## Summary
- Initial $75M draw funded; total facilities up to $315.5M; interest 15% per annum with default and milestone-linked increases.
- Issued warrant to purchase 43.3M shares at $0.01/share and 59 shares of Series A-1 non-convertible preferred stock; stockholder approval required for conversion.
- Additional draws require milestones: automated line, materials cost, Z3 tech, backlog/cash conversion; missed milestones trigger up to 4% dilution per event (max 16%).
- Preferred holders get board appointment rights starting at 10% ownership; up to 4 directors at 40%; also a non-voting observer at lower thresholds.
- Existing Atlas credit facility paid off and terminated on June 21, 2024.

## SEC filing metadata
- accession: 0001213900-24-054998
- form_type: 8-K
- ticker: EOSE
- cik: 0001805077
- company_name: Eos Energy Enterprises, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 3.03, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805077/000121390024054998/0001213900-24-054998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805077/000121390024054998/ea0208318-8k_eosener.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-054998
- JSON: https://secwatch.observer/filing/0001213900-24-054998.json
- Plain text: https://secwatch.observer/filing/0001213900-24-054998.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.