Latham & Watkins Advises on Eos Energy Enterprise’s Upsized US$525 Million Convertible Senior Notes Offering

Eos Energy Enterprises, Inc. (NASDAQ: EOSE) has announced the pricing of its offering of US$525 million aggregate principal amount of 1.75% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. The offering size was increased from the previously announced offering size of US$500 million aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on November 24, 2025, subject to customary closing conditions. Eos also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional US$75 million aggregate principal amount of notes.

Latham & Watkins LLP represented the initial purchasers in the offering with a Capital Markets team led by New York/Los Angeles partner Greg Rodgers, Houston partner Ryan Maierson, and Los Angeles partner Arash Aminian Baghai, with associates Andrew Bentz, Ziyad Barghouthy, Cooper Shear, Mary Kline, and Harrison Little. Advice was also provided on tax matters by New York partner Aaron Bernstein, with associate Farrah Yan; on intellectual property matters by New York partner Pelin Serpin, with associate Ece Gonulal; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Reilly Nelson; on data privacy and cyber security matters by Bay Area partner Michelle Gross, with associate Eric Gonzalez; and on compliance matters by Los Angeles partner Joshua Hamilton and Los Angeles counsel Lauren Barnett.