tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ESS Tech Amends Promissory Note Agreement with Yorkville

Story Highlights
ESS Tech Amends Promissory Note Agreement with Yorkville

TipRanks Cyber Monday Sale

ESS Tech ( (GWH) ) has shared an announcement.

On December 4, 2025, ESS Tech, Inc. and YA II PN, LTD., managed by Yorkville Advisors Global, L.P., amended their promissory note agreement. The amendment extends the deadline for the second tranche payment from December 12, 2025, to February 28, 2026, and adjusts the conditions for the payment, requiring the principal amount under Tranche One to be $7 million or less.

The most recent analyst rating on (GWH) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on ESS Tech stock, see the GWH Stock Forecast page.

Spark’s Take on GWH Stock

According to Spark, TipRanks’ AI Analyst, GWH is a Neutral.

ESS Tech’s overall stock score is primarily impacted by its poor financial performance, characterized by negative margins and cash flow issues. While there are strategic initiatives and partnerships in place, the current financial instability and bearish technical indicators weigh heavily on the stock’s outlook.

To see Spark’s full report on GWH stock, click here.

More about ESS Tech

Average Trading Volume: 9,032,900

Technical Sentiment Signal: Sell

Current Market Cap: $46.69M

For detailed information about GWH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1