Reasonably Approximating 🇺🇸 🇺🇦 🔋 🅰️

@tonymezzoretta 🤷🏻‍♂️ good problem to have I guess.

@bert_gilfoyle why wouldn't they be concerned by dilution? Under the cashless formula, the higher the stock price goes, the more shares they have to issue. Wouldn't they have every incentive to force early redemption asap just to clean up the balance sheet? still learning the ropes here…

$EOSE Market is continuing to anchor 10 year warrants at implied IV of 80%. Implied EOSEW ~= $3.6 @ EOSE = $4.45

@tonymezzoretta Yes, uses Black Scholes. It doesn’t account for early redemption. But that can only happen after 5 years at SP of twice the strike price. And it’s cashless exercise so not sure why the company would force it unless SP is high and dilution’s a concern.

@bert_gilfoyle Thanks for your insight! Is your IV estimate based on standard BS? Curious how the model accounts for the early redemption/callable provisions that may be present in these 10-year warrants. $EOSE

@Crankine888 @MarkGregory1313 Must have been fairly recently.

@bert_gilfoyle @MarkGregory1313 When did this happen?!

Two... Years... Later 🤖 $EOSE

@MarkGregory1313 He missed the top. Sold lower, then got back in again. Not sure how he managed the slide down to here.

$EOSE Definitely showing an uptick now going into Q3 with the ramping of Line 2 and the new executable backlog runway being laid down by FPUSA. Based on the first 74 days of Q2 numbers the company shared, I previously estimated Line 1 was running at about 65% capacity utilization. And, if that sustained the rest of the quarter, and average ASP is similar to Q1, Q2 revenue might come in at $72M +/-. Using the lowest 3 month trailing value of felt imports, it looks like we are in that range. But, a big unknown in all this is the yield trend over time, as the bipolar subassemblies come up to reliable speed, and what portion of production, if any, is going toward warranty replacements, or just inventory. Q3 may begin to tell us whether Line 1 is truly capable or not of a 2 GWh/yr run rate.

$EOSE Are you planning on exercising, or have you already exercised, the RO?

My own LLC / S-corp is happening with contracts pending, on top of everything else that I systematically accomplished over the last 3 years. It pays to set goals, trust your judgement and take action, rather than accept the status quo. It really does. I am in a so much better place than I was previously. What a country. I do need a new financial / CPA / tax law advisor specializing in self employment, capital gains, and baroque retirement rules and relevant to the state of CA. I'm in over my head doing this by myself now and need help. If you are one or know one, feel free to reach out.

@kremlingremlinn @srvc76 Maybe that's their plan.

@bert_gilfoyle @srvc76 Cerebras can just take the whole rights offering if no one subscribes

$EOSE

@srvc76 I would have preferred to just write him a six figure check free and clear rather than deal with all this dilution drama and mechanical downward pressure engineered by this absurd RO.

@bert_gilfoyle Joe Mastrangelo owes every single investor in this company a 2H’26 that changes the narrative.

$EOSE Schwab rep to me after 30 minute hold time figuring out how I can exercise the RO.

Update: I think they are battery agnostic, so nothing that specifically points to an Eos proposal. River Street peaker is a 47 MW natural gas plant. Replacing it with 4-hr storage would be a much smaller project that pales in comparison to BNY. However, collectively it's a lot. New York’s Build Public Renewables Act requires that NYC peaker plants be decommissioned/converted by 2030. That about 470 MW in total. This is one of them.

$EOSE These same two reps met with Eos to discuss the Brooklyn Navy Yard proposal and expressed their support for it.

@xEBITDA youtu.be/a3ZGGIdpfEM?is…

$EOSE

@JJsson2 I’m not superstitious but bro landed at 9:29 am PST and nailed the low.

@bert_gilfoyle Didn't we go on a massive hike of SP after you had managed to take a photo of a hummingbird last year?

Highly improbable that this happened and I got the pic.

@kylegriffin1 I was told the leak was fake

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