Eos Energy achieves first performance milestones in Cerberus investment [Seeking Alpha]
Eos Energy Enterprises, Inc. (EOSE)
Company Research
Source: Seeking Alpha
Eos Energy ( EOSE ) said achieving the milestones will allow it to draw an additional $30M on the delayed draw term loan from Cerberus to fund ongoing operations and production expansion. The achieved milestones include objectives related to the company's automated production line, materials cost-out, improvements in Z3 technology performance and backlog/cash conversion. Eos Energy ( EOSE ) said two remaining tranches may be drawn in the amounts of $65M and $40.5M, respectively, following the October 31 and January 31 testing dates upon the achievement of further applicable performance milestones. Recommended For You More Trending News Recommended For You More Trending News About EOSE Stock Related Stocks Trending Analysis Trending News
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EOSE
News
- Analysts Have Lowered Expectations For Eos Energy Enterprises, Inc. (NASDAQ:EOSE) After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- EOS ALERT: Bragar Eagel & Squire, P.C. is Investigating Eos Energy Enterprises on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) had its price target lowered by analysts at Roth Mkm from $4.50 to $4.00. They now have a "buy" rating on the stock.MarketBeat
- Eos Energy Enterprises Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Eos Energy Enterprises Inc (EOSE) Q3 2024 Earnings Call Highlights: Navigating Supply Chain ... [Yahoo! Finance]Yahoo! Finance
EOSE
Earnings
- 11/5/24 - Miss
EOSE
Sec Filings
- 11/12/24 - Form 8-K
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 8-K
- EOSE's page on the SEC website