Eos Energy Enterprises, INC Schedule 13D activist filings

Eos Energy Enterprises, Inc. has closed a significant joint venture funding round with Cerberus Capital Management and Hudson Bay Capital Management, involving cash contributions, asset transfers, and warrant issuances.

Eos Energy Enterprises reports director changes, with Nathaniel Fick appointed to the Board replacing Gregory Nixon.

Eos Energy Enterprises, Inc. has entered into an amended and restated binding term sheet to form a joint venture with affiliates of Cerberus Capital Management and Hudson Bay Capital Management, involving significant equity contributions and warrant issuances.

Eos Energy Enterprises, Inc. has entered into a binding term sheet with CCM Frontier JV Holdco, LLC, an affiliate of Cerberus Capital Management, to form a joint venture focused on the frontier power platform.

Cerberus Capital Management has appointed Nathaniel Fick to the Eos Energy Enterprises Board of Directors following the satisfaction of key credit agreement milestones.

Cerberus Capital Management II, L.P. and its affiliates have filed Amendment No. 7 to their Schedule 13D, reporting a beneficial ownership of 158,433,112 shares, representing 41.2% of Eos Energy Enterprises, Inc.'s common stock.

Eos Energy Enterprises, Inc. successfully met its third performance milestone, enabling a final $40.5 million draw from its secured multi-draw term loan facility, leading to an increased beneficial ownership stake for Cerberus Capital Management II, L.P. and its affiliates.