ESS Tech, Inc. Announces Closing of $15 Million Registered Direct Offering Priced at a Premium to Market
ESS Tech, Inc. (GWH)
Company Research
Source: Business Wire
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (NYSE: GWH) (the “Company”), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced the closing of the previously announced registered direct offering with institutional investors of approximately $15 million of shares of Common Stock and pre-funded warrants at a price of $1.75 per share of Common Stock, which price was a premium to the closing price on January 28, 2026.The offering consisted of the sale of 8,571,428 shares of Common Stock (or Pre-Funded Warrants). The public offering price per share is $1.75 (or $1.74999 for each Pre-Funded Warrant, which is equal to the public offering price per share of Common Stock sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full.Aggregate gross proceeds to the Company were app
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News
- ESS Tech, Inc. Announces Closing of $15 Million Registered Direct Offering Priced at a Premium to Market [Yahoo! Finance]Yahoo! Finance
- ESS Tech Awarded $9.9 Million Contract from Concurrent Technologies Corporation and U.S. Air Force Research LaboratoryBusiness Wire
- ESS Tech, Inc. Announces $15 Million Registered Direct Offering Priced at a Premium to MarketBusiness Wire
- ESS Tech (NYSE:GWH) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=GWH&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- ESS Tech Appoints Drew Buckley as Chief Executive Officer and Announces New Leadership ChangesBusiness Wire
GWH
Earnings
- 11/13/25 - Beat
GWH
Sec Filings
- 1/30/26 - Form 424B5
- 1/30/26 - Form 8-K
- 1/29/26 - Form 4
- GWH's page on the SEC website