---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045278"
form_type: "8-K"
ticker: "GWH"
cik: "0001819438"
company_name: "ESS Tech, Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:27:00.584013+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ESS Tech enters $22.7M credit agreement with EXIM for production line financing

## Summary
- Loan facility of up to $22,709,850; $20M for equipment financing, balance for fees.
- Maturity June 30, 2031; interest at EXIM Commercial Interest Reference Rate, payable quarterly.
- Repayment in 19 quarterly installments starting December 30, 2026.
- Covenants include trailing four-quarter revenue targets tested quarterly from March 31, 2025.
- Secured by first-priority security interest in financed equipment and restricted cash collateral.

## SEC filing metadata
- accession: 0001628280-24-045278
- form_type: 8-K
- ticker: GWH
- cik: 0001819438
- company_name: ESS Tech, Inc.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819438/000162828024045278/0001628280-24-045278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819438/000162828024045278/wk-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045278
- JSON: https://secwatch.observer/filing/0001628280-24-045278.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045278.txt

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