ESS Tech Share Offering Sparks 10.4% Drop After $15 Million Registered Sale Announcement
ESS Tech, Inc. (NYSE: GWH) saw its stock fall 10.4% following the announcement of a registered direct offering valued at approximately $15 million. The package includes common shares or pre-funded warrants priced at $1.75 per unit, with the pre-funded warrants carrying an exercise price of $0.00001 and immediate exercisability. Aegis Capital Corp. …