ESS Tech, Inc. shareholders approved Advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers at the 2026-05-29 meeting.
“At the Annual Meeting, the Company’s stockholders approved, on an advisory basis, every one year as the frequency of future stockholder advisory votes on the compensation of the Company’s named executive officers.”
Shareholder Votes
ESS Tech, Inc. shareholders approved Advisory vote on the compensation of the Company’s named executive officers at the 2026-05-29 meeting.
“At the Annual Meeting, the Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers.”
Shareholder Votes
ESS Tech, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-29 meeting.
“At the Annual Meeting, the Company’s stockholders ratified the appointment of KPMG LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
ESS Tech, Inc. shareholders approved Election of two Class II directors at the 2026-05-29 meeting.
“At the Annual Meeting, the Company’s stockholders elected two Class II directors to the Board to serve until the 2029 annual meeting of stockholders and until their respective successors have been duly elected and qualified.”
Earnings Releases
ESS Tech, Inc. reported first quarter ended March 31, 2026 results: revenue $128 thousand, net income $(15.9) million, EPS $(0.54) per share.
“the Company continued its leadership and organizational reset focused on governance, execution, and financial discipline. First Quarter 2026 Financial Highlights • Revenue was $128 thousand for the three months ended March 31, 2026, compared with $0.6 million in the prior-year period due to fewer deliveries of equipment to customers. • Total operating expenses”
Material Agreements
ESS Tech, Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $13.5 million (effective 2026-01-29).
“On January 29, 2026, ESS Tech, Inc. (the “Company”) signed a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors identified on the signature pages thereto (the “Purchasers”) pursuant to which the Company agreed to issue and sell in a registered direct offering registered under the Securities Act of 1933, as amended (the “Securities Act”), an aggregate of 3,471,428 shares (the “Shares”) of the Company’s common stock (“Common Stock”), Pre-Funded Warrants to purchase an aggregate of 5,100,000 shares of Common Stock at an exercise price of $0.00001 per share (the “Pre-Funded Warrants”), and the 5,100,000 shares of Common Stock underlying the Pre-Funded Warrants (“Pre-Funded Warrant Shares”) at an offering price of $1.75 per Share or $1.74999 per Pre-Funded Warrant, as applicable (the “Registered Direct Offering”).”
Debt Financings
ESS Tech, Inc. incurred loan of up to $40 million with YA II PN, LTD. at 3% per annum maturing October 14, 2026.
“On October 14, 2025, ESS Tech, Inc. (the “Company”) entered into an unsecured promissory note with YA II PN, LTD., an investment fund managed by Yorkville Advisors Global, L.P. (“Yorkville”) in the aggregate principal amount of up to $40 million”
Debt Financings
ESS Tech, Inc. incurred lease obligation of $10,518,419.91 with UOP LLC maturing seven years.
“On July 10, 2025, the Company entered into a Sale and Leaseback Agreement (the “UOP Sale and Leaseback Agreement”) with UOP LLC (“UOP”), an affiliate of a greater than 5% stockholder of the Company, pursuant to which UOP has agreed to purchase the stack assembly line 1 used to build power module stacks for the Company’s products, including the Energy Base, for a purchase price of $10,518,419.91 (comprised of $4,000,000 in cash and $6,518,419.91 applied to certain pre-payments from UOP), and to lease such equipment back to the Company.”
Kelly F. Goodman was appointed as Interim Chief Executive Officer and Principal Executive Officer at ESS Tech, Inc..
“In connection with Mr. Dresselhuys’ departure, Kelly F. Goodman, the Company’s current Vice President of Legal and Corporate Secretary, will be appointed as the interim Chief Executive Officer and Principal Executive Officer of the Company, effective February 13, 2025, until her successor is duly appointed and qualified.”
Eric Dresselhuys departed as Chief Executive Officer at ESS Tech, Inc..
“On February 13, 2025, Eric Dresselhuys, Chief Executive Officer of ESS Tech, Inc. (the “Company”), separated from the Company and resigned as a member of Company’s Board of Directors (the “Board”).”
Earnings Releases
ESS Tech, Inc. reported first quarter ended March 31, 2024 results: revenue 2.7 Million.
“ESS Tech, Inc. Announces First Quarter 2024 Financial Results Q1 Revenue of $2.7 Million”
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.