Eos Energy strikes joint venture term sheet with Cerberus affiliate, Hudson Bay Capital for Frontier Power USA Parent LLC

Eos Energy Enterprises, Inc. Class A

Eos Energy Enterprises, Inc. Class A

EOSE

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  • Eos Energy entered an amended, binding term sheet on June 30, 2026 to form a joint venture with Cerberus affiliate CCM Frontier and Hudson Bay affiliate HBC.
  • CCM Frontier to receive 50,000,001 founder Class A-1 units, invest USD 100 million for 100,000,000 Class A-2 units, priced at USD 1 each.
  • HBC to invest USD 50 million for 50,000,000 Class C units, priced at USD 1 each; Eos to buy Class B units using offering proceeds.
  • Rights offering targets USD 150 million at USD 5.48 per unit, each unit includes one share, 0.4388 warrant; warrant exercise price USD 5.48.
  • Closing conditions include DOE consent, completion of the rights offering, execution of commercial framework guidelines.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eos Energy Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-009739), on June 30, 2026, and is solely responsible for the information contained therein.

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