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$BRPMU Proposed merger will make zinc battery developer Eos Energy a public companyInternole, published June 26, 2020
Eos has executed a letter of intent for a merger with a SPAC — which would result in Eos becoming a publicly listed company. Investors seem fascinated by energy storage this year, the long-duration variety in particular.
Eos Energy Storage is a private zinc battery developer with the chance to go public via a merger with a special purpose acquisition company.
Riley Principal Merger Corp II (BRPM II), a special purpose acquisition company listed on the New York Stock Exchange, and Eos have executed a letter of intent for a merger which would result in Eos becoming a publicly listed company.