Source-grounded facts extracted from Eos Energy Enterprises, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Eos Energy Enterprises, Inc. amended Indenture with Wilmington Trust, National Association (effective 2023-05-25).
“the Company re-issued the Notes (the “Reissued Notes”) to the Investors in an aggregate principal amount of $13,750,000, pursuant to an indenture with Wilmington Trust, National Association, as trustee (the “Indenture”), dated as of May 25, 2023 (the “Reissuance”).”
Eos Energy Enterprises, Inc. shareholders approved Approval of an amendment to the Company’s Amended and Restated 2020 Incentive Plan at the 2023-05-16 meeting.
“Proposal 7 – Approval of an amendment to the Company’s Amended and Restated 2020 Incentive Plan An amendment to the Company’s Amended and Restated 2020 incentive plan was approved by stockholders, with 27,791,412 shares voted in favor, 16,478,833 shares voted against, 1,956,686 shares abstained, and broker non-votes totaling 25,099,859.”
Eos Energy Enterprises, Inc. shareholders approved Approval, in accordance with NASDAQ marketplace Rule 5635(D), of the SEPA matters at the 2023-05-16 meeting.
“Proposal 6 – Approval, in accordance with NASDAQ marketplace Rule 5635 (D), of the SEPA matters The SEPA matters proposal was approved by stockholders, with 42,019,565 shares voted in favor, 3,304,943 shares voted against, 902,423 shares abstained, and broker non-votes totaling 25,099,859.”
Eos Energy Enterprises, Inc. shareholders rejected Approval of an amendment to our certification of incorporation to update the exculpation provision at the 2023-05-16 meeting.
“Proposal 5 – Approval of an amendment to our certification of incorporation to update the exculpation provision An amendment to the certification of incorporation to update exculpation provision was not approved by stockholders, with 38,809,846 shares voted in favor, 6,588,724 shares voted against, 828,361 shares abstained, and broker non-votes totaling 25,099,859.”
Eos Energy Enterprises, Inc. shareholders approved Approval of grant to the Board of Directors the discretionary authority to effect a reverse stock split at the 2023-05-16 meeting.
“Proposal 4 – Approval of grant to the Board of Directors the discretionary authority to effect a reverse stock split to the Company's common stock The grant to the Board of Directors of discretionary authority to effect a reverse stock split was approved by stockholders, with 60,728,663 shares voted in favor, 10,277,160 shares voted against, and 320,967 shares abstained.”
Eos Energy Enterprises, Inc. shareholders approved Non-Binding advisory resolution to approve the compensation of named executive officers at the 2023-05-16 meeting.
“Proposal 3 – Non-Binding advisory resolution to approve the compensation of named executive officers The compensation of the Named Executive Officers was approved, on an advisory basis, by stockholders, with 29,113,834 shares voted in favor, 15,784,821 shares voted against, 1,328,276 shares abstained, and broker non-votes totaling 25,099,859.”
Eos Energy Enterprises, Inc. shareholders approved Ratification of appointment of independent registered public accounting firm at the 2023-05-16 meeting.
“Proposal 2 – Ratification of appointment of independent registered public accounting firm The ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year was approved by stockholders with 70,484,748 shares voted in favor, 574,851 shares voted against and 267,191 shares abstained.”
Eos Energy Enterprises, Inc. shareholders approved Election of Class III Directors at the 2023-05-16 meeting.
“Proposal 1 – Election of directors The Class III Directors proposed by management were elected with a tabulation of votes to the nearest share as shown below.”
Eos Energy Enterprises, Inc. entered into Purchase Agreement with the investors named on the signature pages thereto (the "Purchasers") valued at $8.0 million (effective 2023-05-15).
“On May 15, 2023, Eos Energy Enterprises, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with the investors named on the signature pages thereto (the “Purchasers”), pursuant to which the Company agreed to issue and sell an aggregate of: (i) 3,601,980 shares (the “Shares”) of the Company’s common stock, $0.0001 par value (the “Common Stock”) at a purchase price of $2.221 per share in a registered direct offering (the “Registered Direct Offering”), and (ii) unregistered warrants (the “Warrants”) to purchase up to 3,601,980 shares of Common Stock in a concurrent private placement (the “Private Placement” and together with the Registered Direct Offering, the “Offerings”).”
Eos Energy Enterprises, Inc. reported first quarter ended March 31, 2023 results: revenue $8.8 million.
“sustainable zinc-based long duration energy storage systems, today announced financial results for the first quarter ended March 31, 2023. First Quarter Financial Highlights † $8.8 million revenue, compared to $3.3 million in 1Q 2022, a 168% increase year-over-year. † Cost of Goods Sold of $26.9 million, a decrease of 24% compared to 1Q 2022, representing a 25%”
Eos Energy Enterprises, Inc. entered into Purchase Agreement with investors named on the signature pages thereto valued at approximately $40.0 million (effective 2023-04-12).
“On April 12, 2023, Eos Energy Enterprises, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with the investors named on the signature pages thereto”
Eos Energy Enterprises, Inc. incurred senior notes of $15.0 million with YA II PN, LTD at 5.0% maturing August 31, 2023.
“the Company issued and sold a convertible promissory note with an aggregate principal amount of $15.0 million (the “Promissory Note”) in a private placement to Yorkville”
Eos Energy Enterprises, Inc. entered into Promissory Note with YA II PN, LTD valued at $15.0 million (effective 2023-04-10).
“On April 10, 2023, the Company issued and sold a convertible promissory note with an aggregate principal amount of $15.0 million (the “Promissory Note”) in a private placement to Yorkville under a supplemental agreement dated as of April 10, 2023 (the “Fourth Supplemental Agreement”) to the SEPA between the Company and Yorkville.”
Eos Energy Enterprises, Inc. amended Amendment No. 5 with YA II PN, LTD (effective 2023-04-10).
“On April 10, 2023, Eos Energy Enterprises, Inc. (the “Company”) and YA II PN, LTD (“Yorkville”) entered into Amendment No. 5 (“Amendment No. 5”) to the Standby Equity Purchase Agreement dated as of April 28, 2022 (as amended, the “SEPA”)”
Nathan Kroeker was appointed as Chief Accounting Officer at Eos Energy Enterprises, Inc..
“After Mr. Tedone leaves the Company, Nathan Kroeker , the Company’s Chief Financial Officer, will also serve as the Chief Accounting Officer for an interim period until a replacement is hired.”
John Tedone resigned as Chief Accounting Officer at Eos Energy Enterprises, Inc..
“On March 24, 2023, John Tedone informed Eos Energy Enterprises, Inc. (the “ Company ”) of his decision to resign from his position as Chief Accounting Officer of the Company effective April 21, 2023.”
Eos Energy Enterprises, Inc. incurred convertible notes of $15.0 million with YA II PN, LTD (“Yorkville”) at 5.0% per year maturing August 17, 2023.
“On March 17, 2023, the Company issued and sold a convertible promissory note with an aggregate principal amount of $15.0 million (the “Promissory Note”) in a private placement to Yorkville under a supplemental agreement dated as of March 17, 2023 (the “Third Supplemental Agreement”) to the SEPA between the Company and Yorkville.”
Eos Energy Enterprises, Inc. entered into Third Supplemental Agreement and Convertible Promissory Note with YA II PN, LTD valued at Issuance of $15.0 million convertible promissory note with 2% OID, 5% interest rate, conversion pric (effective 2023-03-17).
“Supplemental Agreement to the SEPA and Promissory Note Issuance On March 17, 2023, the Company issued and sold a convertible promissory note with an aggregate principal amount of $15.0 million (the “Promissory Note”) in a private placement to Yorkville under a supplemental agreement dated as of March 17, 2023 (the “Third Supplemental Agreement”) to the SEPA between the Company and Yorkville. The Company agreed to use the proceeds from the sale of the Promissory Note for working capital and other general corporate purposes or, if different, in a manner consistent with the application thereof described in the Company’s prospectus relating to the SEPA filed with the Securities and Exchange Commission on April 28, 2022 and included as a part of the Company’s Registration Statement on Form S-3 (File No. 333-263298). The Promissory Note has a maturity date of August 17, 2023 (the “Maturity Date”) and was issued with a 2% original issue discount. Interest shall accrue on the outstanding princ”
Eos Energy Enterprises, Inc. amended Standby Equity Purchase Agreement with YA II PN, LTD valued at Amendment No. 4 to clarify that the Exchange Cap does not apply if stockholders have approved issuan (effective 2023-03-17).
“On March 17, 2023, Eos Energy Enterprises, Inc. (the “Company”) and YA II PN, LTD (“Yorkville”) entered into Amendment No 4. (“Amendment No. 4”) to the Standby Equity Purchase Agreement dated as of April 28, 2022 (as amended, the “SEPA”), to clarify that the Exchange Cap (as defined in the SEPA) does not apply (a) if the Company’s stockholders have approved issuances in excess of the Exchange Cap, or (b) to sales of shares of common stock under the SEPA at a price that equals or exceeds $1.88 per share (which represents the lower of (x) the Nasdaq Official Closing Price on the Trading Day (each as defined in the SEPA) immediately preceding March 17, 2023, the date of issuance of the Promissory Note (as defined below); and (y) the average Nasdaq Official Closing Price for the five Trading Days immediately preceding March 17, 2023; provided that, in the case of clause (b), the average price of all applicable sales of shares of common stock under the SEPA after December 29, 2022 equals or”
Eos Energy Enterprises, Inc. reported the year ended December 31, 2022 results: revenue $17.9 million.
“long duration energy storage systems, today announced financial results for the fourth quarter and full year ended December 31, 2022. Full Year 2022 Highlights † Revenue of $17.9 million compared to $4.6 million in 2021, representing approximately 4x revenue growth year-over-year. † Increased current opportunity pipeline by 83% year-over-year to $7.5 billion,”
Eos Energy Enterprises, Inc. reported FY2023 results: revenue $30 to $50 million. Guidance initiated.
“the Company currently expects 2023 revenue to be in the range of $30 to $50 million”
Eos Energy Enterprises, Inc. reported FY2022 results: revenue $17 to $20 million. Guidance reaffirmed.
“today announced that it expects to record revenue of $17 to $20 million for 2022, which is consistent with previous guidance”
Nathan Kroeker was appointed as Chief Financial Officer at Eos Energy Enterprises, Inc..
“the Board of Directors of the Company (the “ Board ”) appointed Nathan Kroeker (age 46) to serve as the Company’s Chief Financial Officer, effective January 23, 2023”
Randall Gonzales resigned as Chief Financial Officer at Eos Energy Enterprises, Inc..
“Mr. Randall Gonzales informed Eos Energy Enterprises, Inc. (the “ Company ”) of his intention to resign as Chief Financial Officer, effective as of January 23, 2023”
Eos Energy Enterprises, Inc. incurred convertible notes of $13,750,000 in aggregate principal amount with Great American Insurance Company, Ardsley Partners Renewable Energy, LP, CCI SPV III, LP, Denman Street LLC, John B. Berding Irrevocable Children’s Trust, John B. Berding, and AE Convert, LLC at 26.5% per annum maturing June 30, 2026.
“Issuance and Sale of 26.5% Convertible Senior PIK Notes due 2026 On January 18, 2023, Eos Energy Enterprises, Inc. (the “Company”) entered into an investment agreement (the “Investment Agreement”) with Great American Insurance Company, Ardsley Partners Renewable Energy, LP, CCI SPV III, LP, Denman Street LLC, John B. Berding Irrevocable Children’s Trust, John B. Berding, and AE Convert, LLC, a Delaware limited liability company managed by Russell Stidolph, a director of the Company (together, the “Purchasers”) relating to the issuance and sale to the Purchasers of $13,750,000 in aggregate principal amount of the Company’s 26.5% Convertible Senior PIK Notes due 2026 (the “Notes”).”
Eos Energy Enterprises, Inc. amended Limited Consent with ACP Post Oak Credit I LLC, as administrative agent and acting on behalf of itself and the other Lenders under the Senior Secured Term Loan Credit Agreement dated as of July 29, 2022 (effective 2023-01-18).
“On January 18, 2023, the Company entered into a limited consent agreement dated as of January 17, 2023 (the “Limited Consent”) with ACP Post Oak Credit I LLC, as administrative agent and acting on behalf of itself and the other Lenders under the Senior Secured Term Loan Credit Agreement dated as of July 29, 2022 (the “Credit Agreement”).”
Eos Energy Enterprises, Inc. entered into Investment Agreement with Great American Insurance Company, Ardsley Partners Renewable Energy, LP, CCI SPV III, LP, Denman Street LLC, John B. Berding Irrevocable Children’s Trust, John B. Berding, and AE Convert, LLC valued at $13,750,000 in aggregate principal amount (effective 2023-01-18).
“On January 18, 2023, Eos Energy Enterprises, Inc. (the “Company”) entered into an investment agreement (the “Investment Agreement”) with Great American Insurance Company, Ardsley Partners Renewable Energy, LP, CCI SPV III, LP, Denman Street LLC, John B. Berding Irrevocable Children’s Trust, John B. Berding, and AE Convert, LLC, a Delaware limited liability company managed by Russell Stidolph, a director of the Company (together, the “Purchasers”) relating to the issuance and sale to the Purchasers of $13,750,000 in aggregate principal amount of the Company’s 26.5% Convertible Senior PIK Notes due 2026 (the “Notes”).”
Eos Energy Enterprises, Inc. incurred convertible notes of $2.0 million with YA II PN, LTD at annual rate equal to 5.0% maturing June 29, 2023.
“On December 29, 2022, the Company issued and sold a convertible promissory note with an aggregate principal amount of $2.0 million (the “Promissory Note”) in a private placement to Yorkville under a supplemental agreement dated as of December 29, 2022 (the “Second Supplemental Agreement”) to the SEPA between the Company and Yorkville. The Company agreed to use the proceeds from the sale of the Promissory Note for working capital and other general corporate purposes or, if different, in a manner consistent with the application thereof described in the Company’s prospectus relating to the SEPA filed with the Securities and Exchange Commission on April 28, 2022 and included as a part of the Company’s Registration Statement on Form S-3 (File No. 333-263298). The Promissory Note has a maturity date of June 29, 2023 (the “Maturity Date”) and was issued with a 2% original issue discount. Interest shall accrue on the outstanding principal balance of the Promissory Note, beginning on the 29th d”
Eos Energy Enterprises, Inc. entered into Promissory Note with YA II PN, LTD valued at $2.0 million (effective 2022-12-29).
“On December 29, 2022, the Company issued and sold a convertible promissory note with an aggregate principal amount of $2.0 million (the “Promissory Note”) in a private placement to Yorkville under a supplemental agreement dated as of December 29, 2022 (the “Second Supplemental Agreement”) to the SEPA between the Company and Yorkville.”
Eos Energy Enterprises, Inc. amended Amendment No. 3 with YA II PN, LTD (effective 2022-12-29).
“On December 29, 2022, Eos Energy Enterprises, Inc. (the “Company”) and YA II PN, LTD (“Yorkville”) entered into Amendment No 3. (“Amendment No. 3”) to the Standby Equity Purchase Agreement dated as of April 28, 2022 (as amended, the “SEPA”), to (i) decrease the commitment amount under the SEPA from $125,000,000 to $75,000,000; and (ii) reinstitute the Exchange Cap (as defined in the SEPA), which amounts to 19.99% of the outstanding shares of common stock immediately prior to entering into Amendment No. 3 and applies to all subsequent issuances of common stock under the SEPA, together with any issuances of convertible promissory notes issued by the Company to Yorkville as a pre-advance loan pursuant to Section 2.05 of the SEPA.”
Eos Energy Enterprises, Inc. amended credit facility of $5.3 million with ACP Post Oak Credit I LLC.
“On December 7, 2022, the Company entered into a Commitment Increase Agreement (the “Commitment Increase Agreement”) by and among the Company, each subsidiary of the Company, as guarantors, and the Lenders. Pursuant to the Commitment Increase Agreement, the Company requested, and the Lenders agreed to fund, an additional commitment of $5.3 million under the Credit Agreement.”
Eos Energy Enterprises, Inc. amended Senior Secured Term Loan Credit Agreement Commitment Increase Agreement with ACP Post Oak Credit I LLC valued at $5.3 million additional commitment (effective 2022-12-07).
“On December 7, 2022, the Company entered into a Commitment Increase Agreement (the “Commitment Increase Agreement”) by and among the Company, each subsidiary of the Company, as guarantors, and the Lenders. Pursuant to the Commitment Increase Agreement, the Company requested, and the Lenders agreed to fund, an additional commitment of $5.3 million under the Credit Agreement.”
Eos Energy Enterprises, Inc. amended Amendment No. 2 with YA II PN, LTD (“Yorkville”) valued at $125,000,000 (effective 2022-11-14).
“On November 14, 2022, Eos Energy Enterprises, Inc. (the “Company”) and YA II PN, LTD (“Yorkville”) entered into Amendment No. 2 (the “Amendment No. 2”) to the Standby Equity Purchase Agreement dated as of April 28, 2022 (as amended by this Amendment No. 2 and Amendment No. 1 dated as of June 13, 2022, the “SEPA”), to decrease the commitment amount under the SEPA from $200,000,000 to $125,000,000.”
Eos Energy Enterprises, Inc. reported full year 2022 results: revenue $17-$20 million. Guidance lowered.
“revised full year 2022 revenue expectation of $17-$20 million”
Eos Energy Enterprises, Inc. reported third quarter ended September 30, 2022 results: revenue $6.1 million. Guidance lowered.
“Revenue of $6.1 million, $5.3 million higher than same period last year and slightly higher sequentially”
Jeffrey Bornstein was appointed as Class III Director and Audit Committee Chairman at Eos Energy Enterprises, Inc..
“On September 7, 2022, the Board appointed Jeffrey Bornstein, age 57, to the Board.”
Daniel Shribman resigned as Director at Eos Energy Enterprises, Inc..
“On September 2, 2022, Daniel Shribman resigned from the Board of Directors (the “Board”) of Eos Energy Enterprises, Inc. (the “Company”).”
John Tedone was appointed as Chief Accounting Officer at Eos Energy Enterprises, Inc..
“On February 9, 2022, the Board of Directors of the Company (the “Board”) appointed John Tedone (age 57) to serve as the Company’s Chief Accounting Officer, effective February 14, 2022”
Randall Gonzales was appointed as Chief Financial Officer at Eos Energy Enterprises, Inc..
“the Board of Directors of the Company (the "Board") appointed Randall Gonzales (age 50) to serve as the Company's Chief Financial Officer, effective January 11, 2022 (the "Commencement Date").”
Sagar Kurada resigned as Chief Financial Officer at Eos Energy Enterprises, Inc..
“Mr. Sagar Kurada informed Eos Energy Enterprises, Inc. (the "Company") of his intention to resign as Chief Financial Officer ("CFO"), effective as of January 11, 2022 ("Separation Date").”
Jody Markopoulos resigned as Chief Operating Officer at Eos Energy Enterprises, Inc..
“On October 12, 2021, Jody Markopoulos informed Eos Energy Enterprises, Inc. (the “Company”) of her intention to resign as Chief Operating Officer, effective November 12, 2021.”
Claude Demby was appointed as Director at Eos Energy Enterprises, Inc..
“On August 27, 2021, the Board of Directors of Eos Energy Enterprises, Inc. (the “Company”) appointed Claude Demby, age 56, to the Board of Directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.