Tag: technology

EDISON, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage (LDES) systems sourced and manufactured in the United States, today announced certain terms of a distribution (the "Rights Distribution") of subscription rights to holders of its common stock and holders of its warrants to purchase common stock issued on April 14, 2023, May 17, 2023, December 19, 2023 and November 21, 2025 (collectively, “Eligible Holders”) to acquire shares of the Company’s common stock and warrants to purchase shares of the Company’s common stock in a rights offering to fund the Company’s previously announced capital contribution in the Frontier Power USA joint venture.

Incline Village, Nevada, June 11, 2026 (GLOBE NEWSWIRE) -- Mountain Lake Acquisition Corp (“MLAC”), a special purpose acquisition company, today announced the completion of its previously announced business combination with Avalanche Treasury Corporation (“AVAT”) (the “Business Combination”). The shares of Class A common stock of AVAT, the combined company following the Business Combination, will commence trading on the Nasdaq on June 11, 2026, under the ticker symbol “AVAT.” The Business Combination was approved by MLAC’s shareholders at an extraordinary general meeting in lieu of an annual general meeting of shareholders on June 4, 2026, and all remaining closing conditions of the Business Combination were satisfied or waived among the parties as of June 11, 2026.