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EOSE — Eos Energy Enterprises News Story

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Eos Energy wobbles on Fuzzy Panda short position

** Shares of energy storage systems provider Eos Energy EOSE.O flat at $14.38 after falling as much as 8.4% early in the session

** Fuzzy Panda Research discloses short position in co

** Says they have discovered major performance issues, including leaks of deadly hydrogen bromide in its batteries and premature tripping of its batteries

** Adds co has falsified financials for a Department of Energy loan, which can lead to the department pulling the remainder of the loan and debt could be immediately due

** Co had secured a second loan of $22.7 mln from the DoE in July

     ** Fuzzy Panda also highlights performance issues with co's products, including problems with battery efficiency, causing customers to lose money

** Reuters could not independently verify claims made by Fuzzy Panda Research; EOSE did not immediately respond to a request for comment

** Including session's move, stock nearly tripled in value YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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