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ESS Tech, Inc. Announces $15 Million Registered Direct Offering Priced at a Premium to Market

ESS Tech, Inc. (NYSE: GWH) (the “Company”), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $15 million of shares of Common Stock and pre-funded warrants at a price of $1.75 per share of Common Stock, which price is a premium to the closing price on January 28, 2026.

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Phone: 971-270-4179
Email: brad.dore@essinc.com

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