Washington, D.C. 20549
Check the appropriate box to
designate the rule pursuant to which this Schedule is filed:
*The remainder of this cover
page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information, which would alter the disclosures provided in a prior cover page.
The information required in
the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange
Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act out shall be subject to all other provisions
of the Act, (however, see the Notes).
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
YA II PN, Ltd.
(98-0615462)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
cAYMAN
ISLANDS
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding
shares of issuer’s Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report
and an additional 5,474,443 shares of Common Stock that the reporting person has the right to acquire within 60 days of the date
of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
YA Global Investments II (U.S.), LP
(42-1766918)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
YA II GP, LP
(80-0827189)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
YAII GP II, LLC
(81-4908890)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
Yorkville Advisors Global, LP
(90-0860458)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
Yorkville Advisors Global II, LLC
(81-4918579)
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
CUSIP
No. 29415C101 |
1 |
NAME
OF REPORTING
PERSONS.
I.R.S. Identification Nos. of above persons (entities only)
Mark Angelo
|
2 |
CHECK
THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
(See Instructions)
(a) x
(b) ¨ |
|
3 |
SEC
USE ONLY |
4 |
CITIZENSHIP
OR PLACE OF ORGANIZATION:
U.S.A.
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH |
5 |
SOLE
VOTING
POWER: 0
|
6 |
SHARED
VOTING POWER:
5,939,560*
|
7 |
SOLE
DISPOSITIVE POWER:
0
|
|
8 |
SHARED
DISPOSITIVE POWER: 5,939,560*
|
9 |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,939,560* |
|
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT
IN ROW (9) ¨
EXCLUDES
CERTAIN SHARES
(sEE
iNSTRUCTIONS) |
|
11 |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 9.99%** |
|
12 |
TYPE
OF REPORTING PERSON: oo |
|
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
Item 1.
Eos Energy Enterprises, Inc.
|
(b) |
Address of Issuer’s Principal Executive Offices |
3920 Park Avenue
Edison, NJ
08820
| Item 2. | Identity and Background. |
| (a) | Name of Person Filing: |
YA II PN, Ltd.
| (b) | Address of Principal Executive Office or, if none, Residence of Reporting Persons: |
1012 Springfield Ave.
Mountainside, NJ 07092
Cayman Islands
| (d) | Title of Class of Securities: |
Common Stock, par value $0.0001 per share
29415C101
| Item 3. | If the statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is: |
|
(a) |
¨ |
Broker or dealer registered under section
15 of the Act (15 U.S.C. 78o); |
|
|
|
|
|
(b) |
¨ |
Bank as defined in section 3(a)(6) of the
Act (15 U.S.C. 78c); |
|
|
|
|
|
(c) |
¨ |
Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c); |
|
|
|
|
|
(d) |
¨ |
Investment
company registered under section 8 of the Investment Company Act of 1940 (15 of the Act (15 U.S.C. 78o); |
|
|
|
|
|
(e) |
¨ |
An investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E); |
|
|
|
|
|
(f) |
¨ |
An employee benefit plan
or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
|
|
|
|
|
|
(g) |
¨ |
A parent holding company or control person
in accordance with §240.13d-1(b)(1)(ii)(G); |
|
|
|
|
|
(h) |
¨ |
A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
|
|
|
|
|
(i) |
¨ |
A church plan that is excluded
from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
|
|
|
|
|
|
(j) |
¨ |
A non-U.S. institution in accordance with
§240.13d-1(b)(1)(ii)(J); or |
|
|
|
|
|
(k) |
x |
Group, in accordance with 240.13d(b)(1)(ii)(K). |
Provide the following information regarding the
aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: 5,939,560* |
| (b) | Percentage of Class: 9.99%** |
| (c) | Number of shares as to which the person has: |
| (i) | Sole Power to vote or to direct the vote: 0 |
| (ii) | Shared power to vote or to direct the vote: Less than 5,939,560* |
| (iii) | Sole power to dispose or to direct the disposition: 0 |
| (iv) | Shared power to dispose or to direct the disposition: 5,939,560* |
* 5,939,560 shares consisting of direct ownership of 465,117 shares
of Common Stock plus the deemed ownership of an additional 5,474,443 shares of Common Stock that the reporting person has the right to
acquire within 60 days of the date of the report.
** Calculation based on 59,455,051 outstanding shares of issuer’s
Common Stock, consisting of 53,980,608 shares of Common Stock outstanding as of the date of this report and an additional 5,474,443
shares of Common Stock that the reporting person has the right to acquire within 60 days of the date of the report.
| Item 5. | Ownership of Five Percent or Less of a Class: |
If this statement is being filed to report the
fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities,
check the following [ ].
| Item 6. | Ownership of more than five percent on Behalf of Another Person. |
The reporting persons directly
or indirectly own an aggregate of 5,939,560 or 9.99%, shares of Common Stock of the Company as of the date of this filing. YA II and the
other reporting persons shared the power to vote and dispose any such Common Stock.
Direct beneficial
ownership of such Common Stock by the reporting persons is as follows (and therefore excludes any Common Stock indirectly held
by such person or any securities, such as warrants, which may be exercised or converted into Common Stock of the Company):
·
YA II PN, Ltd. – 465,117
·
YA Global Investments II (U.S.), LP -- 0
·
Yorkville Advisors Global, LP – 0
·
Yorkville Advisors Global II, LLC – 0
·
YA II GP, LP – 0
·
YAII GP II, LLC -- 0
·
Mark Angelo – 0
Indirect beneficial
ownership: YA II PN, Ltd. (“YA II”) entered into a Standby Equity Purchase Agreement (“SEPA”) with
the issuer dated as of April 28, 2022. Under the SEPA, the issuer has the option to sell shares of its common stock to YA II at a price
and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the issuer is prohibited from selling shares to
YA II to the extent that it would cause the aggregate number of shares beneficially owned by YA II and its affiliates to exceed 9.99%
of the shares of the issuer. In addition to the direct beneficial ownership set forth above, each reporting person is also deemed to be
the indirect beneficial owner of additional Common Stock that the issuer has the right to sell to the reporting persons
under a SEPA within 60 days of the date of this filing such that each reporting person is deemed to be the indirect beneficial owner of
an additional 5,474,443 shares of Common Stock.
Below is a description of
the relationship among the reporting persons:
YA II PN, Ltd. (“YA
II”) is beneficially owned by YA Global Investments II (U.S.), LP (the “YA Feeder”). Yorkville Advisors Global,
LP (the “YA Advisor”) is the investment manager to YA II. Yorkville Advisors Global II, LLC (the “YA Advisor
GP”) is the general partner to the YA Advisor. YAII GP, LP (the “YA GP”) is the general partner to the YA
Feeder. YAII GP II, LLC (the “Yorkville GP”) is the general partner to the YA GP. Mark Angelo makes the investment
decisions on behalf of YA II. Accordingly, each of YA II, YA Feeder, the YA Advisor, the YA Advisor GP, the YA GP, the Yorkville GP and
Mark Angelo may be deemed affiliates and therefore may be deemed to beneficially own the same number of shares of Common Stock.
For purposes of this filing,
each of the reporting persons is deemed an affiliate of each other reporting person.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
or Control Person. |
Not Applicable
| Item 8. | Identification and Classification of Member Group |
See Item 6.
| Item 9. | Notice of Dissolution of Group |
Not Applicable
By signing below, I certify
that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection
with or as participant in any transaction having that purpose or effect.
Additional Information:
Each Reporting Person disclaims
beneficial ownership of any securities beneficially owned by each other Reporting Person, and its report shall not be deemed to be an
admission that any Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
SIGNATURE
After reasonable inquiry and
to the best of my knowledge and belief, I certify that the information set forth in this statement in true, complete and correct.
Dated: May 3, 2022
REPORTING PERSON:
YA II PN, Ltd.
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer
YA Global Investments II (U.S.), Ltd.
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer
Yorkville Advisors Global, LP
By: Yorkville Advisors Global, LLC
Its: General Partner
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer
Yorkville Advisors Global II, LLC
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer
YA II GP, LP
By: YAII GP II, LLC
Its: General Partner
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer
YAII GP II, LLC
By: /s/ Robert Munro
Robert Munro
Chief Compliance Officer