ESS Tech warns of potential shutdown; issues WARN notices for Wilsonville site

ESS Tech, Inc.

As of May 27, 2025, ESS Tech has not raised capital needed to avoid or postpone a shutdown.
Company issued WARN Act notices to employees and officials; shutdown effective May 30 if no financing.
Continues to explore financing options; notes a utility project in contracting but not yet secured.
Potential workforce actions if financing not obtained imminently.

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