|8-KFeb 17, 4:49 PM ET

Eos Energy Enterprises, Inc. 8-K

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Eos Energy Amends DOE Loan Guarantee, Defers Revenue & EBITDA Covenants

What Happened
Eos Energy Enterprises, Inc. (EOSE) filed an 8-K reporting a Second Amendment to its Loan Guarantee Agreement with the U.S. Department of Energy (DOE). The Second Amendment, dated February 13, 2026, changes the Loan Agreement to defer the applicability of the Consolidated Revenue and EBITDA financial covenants until the fiscal quarter ended March 31, 2027. The original Loan Guarantee Agreement was entered on November 26, 2024 and was previously amended on March 25, 2025. The amendment is attached as Exhibit 10.1 to the filing.

Key Details

  • Parties: Eos Energy Enterprises, Inc. and the United States Department of Energy.
  • Second Amendment date: February 13, 2026.
  • Covenant change: Deferral of Consolidated Revenue and EBITDA covenants until the fiscal quarter ended March 31, 2027.
  • Earlier milestones: Original Loan Guarantee Agreement dated November 26, 2024; prior amendment on March 25, 2025.

Why It Matters
Deferring the revenue and EBITDA covenants gives Eos more time before those specific financial tests apply, which can reduce near-term covenant risk and potential defaults under the DOE loan framework. For investors, this affects assessments of the company’s near-term financial flexibility and credit standing; however, the filing does not change or disclose other loan terms or provide financial projections. Review Exhibit 10.1 in the 8-K for the full amendment text and consult company disclosures for broader liquidity and financial details.