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ESS Tech (NYSE:GWH) plans to sell 5M shares, while its largest shareholder SB Energy Global Holdings intends to sell 5M shares, as per its latest SEC filing. The net proceeds from the offering will be used for GWH's expansion plans and general corporate purposes. The company will not receive any proceeds from the sale of shares by SB Energy. After selling the shares, SB Energy's stake in GWH will reduce to below 20%.