Cerberus Capital Management II, L.P. - 21 Jun 2024 Form 3 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director, 10%+ Owner
Signature
CERBERUS CAPITAL MANAGEMENT II, L.P., /s/ Alexander D. Benjamin, Name: Alexander D. Benjamin, Title: Senior Managing Director and Chief Legal Officer
Issuer symbol
EOSE
Transactions as of
21 Jun 2024
Net transactions value
$0
Form type
3
Filing time
28 Jun 2024, 16:05:06 UTC
Next filing
03 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EOSE Series A-1 Non-Voting Non-Convertible Preferred Stock 59 21 Jun 2024 See Footnotes F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding EOSE Warrant (right to buy) 21 Jun 2024 Common Stock 43,276,194 $0.0100 See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities of Eos Energy Enterprises, Inc. (the "Issuer") reported herein are held directly by CCM Denali Equity Holdings, LP ("CCM Denali Equity"). CCM Denali Equity Holdings GP, LLC ("CCM Denali Equity GP") is the general partner of CCM Denali Equity. Cerberus Capital Management II, L.P. ("Cerberus Capital Management II", and together with CCM Denali Equity and CCM Denali Equity GP, the "Reporting Persons") is the sole member of CCM Denali Equity GP. Due to their relationships with CCM Denali Equity, CCM Danali Equity GP and Cerberus Capital Management II may be deemed to indirectly beneficially own the securities of the Issuer held directly by CCM Denali Equity.
F2 Each of CCM Denali Equity GP and Cerberus Capital Management II disclaims beneficial ownership of the securities of the Issuer held directly by CCM Denali Equity except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any of CCM Denali Equity GP or Cerberus Capital Management II is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F3 The Warrant has a 10-year term.
F4 The Warrant is subject to certain beneficial ownership limitations on exercise described in the Warrant, the form of which was attached as Exhibit 10.3 to the Issuer's Form 8-K filed with the Securities and Exchange Commission on June 24, 2024.

Remarks:

Nicholas P. Robinson, an employee of an affiliate of the Reporting Persons, is a director of Eos Energy Enterprises, Inc. (the "Issuer"). By virtue of their representation on the board of directors of the Issuer, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed directors by deputization of the Issuer.