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Eos Energy | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Wood River Capital, LLC(3.53%),Koch Industries, Inc.(3.53%)

SEC announcement ·  Feb 10 06:05
Summary by Futu AI
Eos Energy Enterprises, Inc., a company listed on the United States Securities and Exchange Commission, has been the subject of a Schedule 13G filing, indicating a significant change in ownership reported on December 31, 2023. Wood River Capital, LLC, along with Koch Industries, Inc., and several related entities, have reported beneficial ownership of 5,789,701 shares of Eos Energy's common stock. This represents 3.53% of the company's class of securities, which are issuable upon conversion of convertible senior notes due in 2026 held by Wood River. The notes are convertible at an initial rate of 49.9910 shares per $1,000 principal amount, subject to adjustments. The filing, dated February 9, 2024, clarifies the chain of beneficial ownership from Koch Industries down to Wood River Capital, LLC, and states that the securities were not acquired for the purpose of changing or influencing the control of Eos Energy.
Eos Energy Enterprises, Inc., a company listed on the United States Securities and Exchange Commission, has been the subject of a Schedule 13G filing, indicating a significant change in ownership reported on December 31, 2023. Wood River Capital, LLC, along with Koch Industries, Inc., and several related entities, have reported beneficial ownership of 5,789,701 shares of Eos Energy's common stock. This represents 3.53% of the company's class of securities, which are issuable upon conversion of convertible senior notes due in 2026 held by Wood River. The notes are convertible at an initial rate of 49.9910 shares per $1,000 principal amount, subject to adjustments. The filing, dated February 9, 2024, clarifies the chain of beneficial ownership from Koch Industries down to Wood River Capital, LLC, and states that the securities were not acquired for the purpose of changing or influencing the control of Eos Energy.
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