ESS Tech signs non-binding LOI for business combination

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ESS Tech Signs Letter of Intent for Proposed Business Combination

August 6, 2026 8:31 AM EDT

WILSONVILLE, Ore.--(BUSINESS WIRE)-- ESS Tech, Inc. (NYSE: GWH) (ESS or the Company), a leading provider of energy storage solutions, today announced the signing of a non-binding Letter of Intent (the LOI) for a proposed business combination with a private company in the energy sector (the Counterparty). The opportunistic transaction reflects the hallmarks of ESS core business... More