Eos Energy Enterprises (EOSE) announced the pricing of an offering of 18.75 million shares of common stock at a price to the public of $4.00 per share. The offering is expected to close on June 2, 2025. The net proceeds from the offering will be $70.5 million, after deducting underwriting discounts and commissions.
The company also announced the pricing of its previously announced private offering of $225 million aggregate principal amount of 6.75% convertible senior notes due 2030, plus up to an additional $25 million aggregate principal amount of notes that the initial purchasers of the note offering have the option to purchase from the company. The issuance and sale of the notes are scheduled to settle on June 3, 2025.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.