Business
Brenmiller Energy Signs Private Placement Agreement for up to $25 Million Equity Financing
Alpha Capital Anstalt, Brenmiller Energy's largest shareholder and long-standing investor, reinforces its strong commitment to the Company's long-term strategy The Company will receive $1.2 million in an initial closing and an additional $3.8 million ...
About this update from Brenmiller Energy Ltd
[{"type":"text","content":"Alpha Capital Anstalt, Brenmiller Energy's largest shareholder and long-standing investor, reinforces its strong commitment to the Company's long-term strategy","length":167,"tagName":"p"},{"type":"text","content":"The Company will receive $1.2 million in an initial closing and an additional $3.8 million subject to certain conditions","length":120,"tagName":"p"},{"type":"text","content":"Alpha Capital Anstalt has Additional Investment Rights for up to $20 million","length":76,"tagName":"p"},{"type":"text","content":"DIMONA, ISRAEL / ACCESS Newswire / July 28, 2025 / Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq:BNRG), a leading global provider of thermal energy storage ("TES") solutions for industrial and utility customers, today announced it has entered into a securities purchase agreement (the "Securities Purchase Agreement") with Alpha Capital Anstalt ("Alpha"). Pursuant to the terms of the Securities Purchase Agreement, the Company agreed to issue and sell to Alpha, subject to certain conditions, up to an aggregate of $25 million in securities across multiple tranches, consisting of preferred shares, pre-funded warrants, and ordinary warrants.","length":741,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":"Brenmiller Energy","className":"","disableSlideshowImg":false,"size":{"original":{"width":1258,"height":1188,"url":"https://media.zenfs.com/en/accesswire.ca/4729b2061e16369cf5fc8ce004ece686"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xgXgDaZAQfthdPF7hJFPAA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTkwNztjZj13ZWJw/https://media.zenfs.com/en/accesswire.ca/4729b2061e16369cf5fc8ce004ece686","width":960,"height":907},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/MdzED0DMJ40hhZZhgOr3PQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0yMjY2O2NmPXdlYnA-/https://media.zenfs.com/en/accesswire.ca/4729b2061e16369cf5fc8ce004ece686","width":1200,"height":1133}}},{"type":"text","content":"At the initial closing, expected to take place on or about July 28, 2025, for a subscription amount of $1.2 million the Company will issue (i) pre-funded warrants to purchase 631,579 ordinary shares at an exercise price of $0.00001 per share (the "Pre-Funded Warrants") and (ii) ordinary warrants ...