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ESS Tech Launches ‘At the Market’ Offering Program

Story Highlights
  • ESS Tech, Inc. launched an ‘at the market offering’ program to sell common stock shares.
  • Proceeds will primarily address Promissory Note obligations, with remaining funds for corporate purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ESS Tech Launches ‘At the Market’ Offering Program

Meet Your ETF AI Analyst

An announcement from ESS Tech ( (GWH) ) is now available.

On November 13, 2025, ESS Tech, Inc. announced the launch of an ‘at the market offering’ program, entering into a Sales Agreement with several financial agents to sell shares of its common stock. The company plans to use the proceeds primarily to satisfy obligations under a Promissory Note with YA II PN, LTD., with remaining funds allocated for working capital and general corporate purposes. This strategic move aims to enhance ESS Tech’s financial flexibility and support its operational needs.

The most recent analyst rating on (GWH) stock is a Hold with a $4.50 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 influenced by its financial performance challenges, including consistent losses and liquidity issues. While the earnings call provided some positive developments in cost reduction and new product launches, the company’s valuation remains unattractive due to negative profitability. Technical analysis shows some positive momentum, but caution is advised due to mixed indicators.

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

More about ESS Tech

ESS Tech, Inc. operates in the energy storage industry, focusing on the development and sale of advanced battery technologies and solutions.

Average Trading Volume: 8,780,144

Technical Sentiment Signal: Sell

Current Market Cap: $86.32M

For an in-depth examination of GWH stock, go to TipRanks’ Overview page.

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