Eos Energy Announces Exercise and Expiration of Public Warrants, Strengthening the Balance Sheet with $76.9 Million in Proceeds

Core Viewpoint - Eos Energy Enterprises, Inc. has successfully exercised approximately 6.7 million public warrants, generating gross proceeds of about $76.9 million, which will enhance the company's liquidity as it accelerates production and expands its manufacturing capacity [1][2][3] Group 1: Financial Performance - The exercised warrants were originally issued at a price of $11.50 per share and have contributed to the company's fully diluted share count [2] - The expiration of the EOSEW public warrants occurred on November 17, 2025, with a few additional exercises still pending [2] Group 2: Business Operations - The additional capital will support Eos in accelerating the production of its Z3 technology and managing its growing commercial backlog and pipeline [3] - Eos Energy is focused on American energy independence through innovative zinc-based battery energy storage systems (BESS), which are designed for various applications including utility-scale and microgrid solutions [4] Group 3: Technology and Market Position - The company's BESS utilizes Znyth™ technology, which is a safe, non-flammable, and stable alternative to conventional lithium-ion technology, providing long-duration energy storage capabilities [4]