Friday, Sep 11, 2026 The claims desk. Receipts included. POWERED BY LENZ ↗
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Eos’s DOE covenant requires an 18‑month rolling interest reserve with a 12‑month floor for both convertible note series.

The Claim

Eos Energy Enterprises, Inc.'s Form 10-Q for the quarter ended March 31, 2026 states that, following a second U.S. Department of Energy limited consent agreement related to Eos's November 2025 convertible notes, Eos must maintain an 18-month rolling cash reserve for interest due on its May 2025 and November 2025 convertible notes, subject to a floor equal to interest due in the next 12 months.

Verified by Lenz ·

The Short Version

The claim is well-supported by the available evidence, but the strongest direct support comes from a third-party rendering of the March 31, 2026 Form 10-Q rather than the primary filing itself. That rendering matches the documented DOE covenant structure disclosed by Eos in its November 2025 8-K: an 18-month rolling interest reserve, subject to a 12-month floor, covering both note series.

Caveats

  • The exact March 31, 2026 Form 10-Q text is not directly available in the provided evidence, so verification of the precise wording depends on a secondary filing renderer.
  • One lower-authority secondary summary references a 24-month reserve, creating a minor discrepancy that is not resolved by the primary March 2026 filing text here.
  • The timeline matters: the relevant 'second' DOE limited consent appears to have been entered on February 5, 2026, separate from the earlier November 2025 DOE consent.

The Receipts

  1. Form 8-K for EOS Energy Enterprises, Inc. filed 11/18/2025

    Eos Energy Enterprises, Inc. (investors.eose.com)

  2. Eos Energy Enterprises, Inc. Prices Upsized $225,000,000 Convertible Senior Notes Offering

    Eos Energy Enterprises, Inc.

  3. Eos Energy Enterprises, Inc. Prices Upsized $525,000,000 Convertible Senior Notes Offering

    Eos Energy Enterprises, Inc.

  4. Eos Energy Successfully Closes $600 Million Convertible Senior Notes Offering and Registered Direct Equity Offering

    Eos Energy Enterprises, Inc. (investors.eose.com)

  5. [10-Q] Eos Energy Enterprises, Inc. Quarterly Earnings Report for the period ended March 31, 2026

    StockTitan

  6. Form 10-Q for Eos Energy Enterprises, Inc. filed 11/05/2025

    Eos Energy Enterprises – Investor Relations

  7. Form 424B5 for Eos Energy Enterprises, Inc. filed 05/29/2025

    Eos Energy Enterprises – Investor Relations

  8. Eos Energy Enterprises Reports First Quarter 2026 Financial Results

    Eos Energy Enterprises – Investor Relations

  9. Eos Energy Enterprises (EOSE) SEC Filings

    MarketBeat

  10. Latham & Watkins Advises on Eos Energy Enterprise's Upsized US ...

    Latham & Watkins

+ 7 more sources — see the full list on Lenz

Filed Under

Eos Energy Enterprises, Inc.U.S. Department Of Energy