Eos Energy Enterprises, Inc. announced that it has entered into a securities purchase agreement to issue 59 shares of non-voting, non-convertible Series A-1 Preferred Stock for the gross proceeds of $455,822.59 and warrants on June 21, 2024. The warrants will be exercisable into 43,276,194 shares at an exercise price of $0.01 per share. The transaction will include participation from new investor, CCM Denali Equity Holdings, LP.