secwatch.observer — SEC 8-K summary
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Issuer:     Eos Energy Enterprises, Inc. (EOSE)
CIK:        0001805077
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0001213900-25-050047
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EOS Energy sells 21.6M shares at $4.00, nets ~$86M to repay debt and refinance Koch notes
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- Closed offering of 21,562,500 shares of common stock at $4.00 per share on June 2, 2025, raising ~$86.25M gross proceeds.
- Net proceeds will repay at least $50M of obligations under the Cerberus-led $210.5M delayed draw term loan facility.
- Third Amendment to Credit Agreement allows refinancing of Koch Convertible Notes with cash up to $115M plus new Specified Refinancing Indebtedness.
- Underwriters Jefferies LLC and J.P. Morgan Securities LLC exercised option in full to purchase additional 2,812,500 shares.
- Total funded debt facility remains $210.5M delayed draw term loan plus $105M revolver, with revolver available only after full draw.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805077/000121390025050047/0001213900-25-050047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805077/000121390025050047/ea0244182-8k_eosenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-050047

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