Eos Energy Enterprises Inc is trading at $6.42 (+5.94%) in pre-market following an update regarding its rights offering.
- The company announced the record date and terms for a distribution of subscription rights on June 11, with the stock already gaining 4.8% on June 12 as details emerged.
- Broader market sentiment is also providing a tailwind as U.S. futures trade higher and risk appetite improves, though the company’s financing announcement remains the primary catalyst.