• ESS Tech priced a registered direct offering of 6,400,000 shares at USD 0.5, paired with a concurrent private placement of warrants.
• Warrants cover up to 12,800,000 shares at an exercise price of USD 0.5, exercisable after stockholder approval.
• Gross proceeds expected at about USD 3.2 million; closing targeted around Aug. 21, 2026.
• Net proceeds earmarked for general corporate purposes, supported by existing cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESS Tech Inc published the original content used to generate this news brief via Business Wire (Ref. ID: 20260820753296) on August 20, 2026, and is solely responsible for the information contained therein.