secwatch.observer — SEC 8-K summary
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Issuer:     ESS Tech, Inc. (GWH)
CIK:        0001819438
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0001628280-26-004263
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud

ESS Tech raises approximately $15 million in registered direct offering of common stock and pre-funded warrants
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- On January 29, 2026, ESS Tech entered into a securities purchase agreement to sell 3,471,428 shares and 5,100,000 pre-funded warrants at $1.75 per share or $1.74999 per warrant.
- The registered direct offering is expected to close on January 30, 2026, with net proceeds of approximately $13.5 million after fees and expenses.
- Proceeds from the offering will be used for general corporate purposes and working capital.
- Aegis Capital Corp. served as exclusive placement agent, receiving a cash fee of up to 6.0% of gross proceeds and expense reimbursement up to $80,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819438/000162828026004263/0001628280-26-004263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819438/000162828026004263/gwh-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004263

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