Eos Energy Announces Updated Terms for Rights Offering
Eos Energy announced updated terms for a rights offering intended to fund its capital contribution in the Frontier Power USA joint venture. The subscription price is set at $5.481 per Unit, representing a 10% discount to the June 29 closing price, with each Unit consisting of one share of common stock and 0.4388 of a warrant.
Key figures
- Offering Price
- 5.481
- Warrant ratio
- 0.4388
- Discount percent
- 10%
- Subscription ratio
- 0.0714
- Warrant exercise price
- 5.481
AI analysis
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