secwatch / observer
8-K filed August 23, 2023, 7:59 PM ET ticker EOSE CIK 0001805077
other material confidence high sentiment neutral materiality 0.65

Eos Energy increases ATM offering to $200M, enters $17.15M supply agreement, terminates Yorkville SEPA

Eos Energy Enterprises, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Eos Energy Enterprises, Inc. entered into Master Supply Agreement with ACRO Automation Systems, Inc. valued at $17,154,300 (effective 2023-08-23).

Action
entry
Agreement
supply
Counterparty
ACRO Automation Systems, Inc.
Value
$17,154,300
Effective
2023-08-23
Exact text from the filing
Supply Agreement On August 23, 2023, HI-POWER, LLC (“Hi-Power”), a wholly-owned subsidiary of the Company, entered into a Master Supply Agreement (the “Supply Agreement”) with ACRO Automation Systems, Inc.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Eos Energy Enterprises, Inc. amended Amended Sales Agreement with Cowen and Company, LLC valued at from $100,000,000 to $200,000,000 (effective 2023-08-23).

Action
amendment
Agreement
atm program
Counterparty
Cowen and Company, LLC
Value
from $100,000,000 to $200,000,000
Effective
2023-08-23
Exact text from the filing
1, the “Amended Sales Agreement”) with Cowen and Company, LLC (“TD Cowen”), to increase the aggregate offering price of the shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), that may be offered and sold from time to time in an at the market offering program,from $100,000,000 to $200,000,000 (the “Placement Shares”) through TD Cowen as its sales agent and/or principal.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Eos Energy Enterprises, Inc. terminated Standby Equity Purchase Agreement with YA II PN, Ltd. valued at up to $75.0 million (effective 2023-08-23).

Action
termination
Agreement
equity purchase
Counterparty
YA II PN, Ltd.
Value
up to $75.0 million
Effective
2023-08-23
Exact text from the filing
the Company and YA II PN, Ltd. ("Yorkville"), an affiliate of Yorkville Advisors, terminated the Standby Equity Purchase Agreement dated as of April 28, 2022, as amended (the "SEPA") by the mutual written consent of the parties, effective as of August 23, 2023.
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301 material agreements filed in the last 30 days. Browse all material agreements →

Eos Energy Enterprises, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-23-030426
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