SCHEDULE: Susquehanna Group Discloses 5.8% Stake in Eos Energy

A group of affiliated entities, including Capital Ventures International and Susquehanna Advisors Group, Inc., has disclosed a 5.8% beneficial ownership stake in Eos Energy Enterprises, Inc.

Summary

• A group of five affiliated entities, including Capital Ventures International, Susquehanna Advisors Group, Inc., G1 Execution Services, LLC, SIG Brokerage, LP, and Susquehanna Securities, LLC, collectively reported beneficial ownership of 15,168,902 shares of Eos Energy Enterprises, Inc. common stock.
• This aggregate ownership represents 5.8% of the total outstanding shares of Eos Energy Enterprises, Inc. as of June 30, 2025, which were 256,476,521 shares.
• The reported beneficial ownership includes various forms of securities: Capital Ventures International's holdings consist of shares issuable upon conversion of convertible notes.
• G1 Execution Services, LLC's holdings include 591 shares issuable upon the exercise of warrants.
• Susquehanna Securities, LLC's holdings include options to buy 4,682,600 shares.
• The reporting persons disclaim beneficial ownership of shares owned directly by another reporting person within the group.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the disclosure of a significant stake by a group of institutional investors, including Susquehanna affiliates, can be interpreted as a vote of confidence in the company, although the filing itself is purely factual and regulatory.

Positives

• The disclosure of a significant 5.8% stake by a group of sophisticated institutional investors, including Susquehanna affiliates, may signal confidence in Eos Energy Enterprises, Inc.'s long-term prospects.
• The inclusion of convertible notes, warrants, and options in the holdings suggests a strategic or long-term investment approach by the reporting group.

Risks

• The reporting persons disclaim beneficial ownership of shares owned directly by another reporting person, which is a standard legal disclaimer but highlights the complex ownership structure within the group.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Eos Energy Enterprises, Inc. or the reporting persons regarding the issuer's future performance.

Industry Context

This filing is a routine disclosure of a significant ownership stake by institutional investors in a publicly traded company. It does not provide specific insights into broader industry trends or competitive dynamics within the energy storage sector, beyond indicating continued institutional interest in companies like Eos Energy Enterprises, Inc.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional ownership stake provides transparency regarding the company's ownership structure and may influence investor perception and trading activity.

Key Dates

Keywords

Eos Energy Enterprises, Beneficial Ownership, Schedule 13G, Institutional Investor, Susquehanna, Energy Storage, Convertible Notes, Warrants, Options