Eos Energy Storage to be Capitalized with $202M in New Equity

The combined company is expected to be capitalized with $202 million of new equity, including a $40 million equity commitment from B. Riley Financial, to support manufacturing capacity expansion and sales pipeline acceleration.

“The combined company is expected to be capitalized with $202m of new equity which will be used to support the build - out of incremental manufacturing capacity and accelerate the global sales pipeline”

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