secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESS Tech, Inc. (GWH)
CIK:        0001819438
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001819438-25-000079
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESS Tech amends Yorkville note: extends second tranche deadline to Feb 2026, lowers principal condition
--------------------------------------------------------------------------------

- Second tranche deadline extended from Dec 12, 2025 to no later than Feb 28, 2026.
- Condition for second tranche: principal outstanding under Tranche One must be ≤ $7M (down from $20M).
- Company must enter ATM sales agreement with Yorkville Securities, with Yorkville receiving ≥60% of commissions.
- Second tranche amount remains $10M less original issue discount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819438/000181943825000079/0001819438-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819438/000181943825000079/wk-20251204.htm
  HTML page:      https://secwatch.observer/filing/0001819438-25-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer