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Turbogen Ltd. Announces Public Filing of Registration Statement for Proposed Nasdaq Listing
Turbogen Ltd. (TASE: TURB), a pioneer in high-efficiency microturbine technology, today announced the public filing of its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing represents an important milestone in the company's pursuit of a dual listing on the Nasdaq Capital Market, a process currently underway and expected to conclude within the coming weeks.
About this update from Turbogen Ltd.
TEL AVIV, Israel , March 16, 2026 /PRNewswire/ -- Turbogen Ltd. (TASE: TURB), a pioneer in high-efficiency microturbine technology, today announced the public filing of its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing represents an important milestone in the company's pursuit of a dual listing on the Nasdaq Capital Market , a process currently underway and expected to conclude within the coming weeks. Strategic Financing and Market Entry In alignment with its listing strategy, Turbogen aims to meet Nasdaq's listing requirements without a traditional U.S. underwritten initial public offering (IPO). Upon the effectiveness of the registration statement, the company will finalize financing transaction, led by Mr. Alex Katz , a real estate entrepreneur and prominent investor in the company, totaling $7.5 million.. This capital will be raised through: Further bolstering the company's position, controlling shareholder Anglo Turbo recently increased its stake by acquiring approximately $ 2.25 million in shares, signaling robust internal confidence in Turbogen's operational trajectory. Revolutionary Energy Solutions Turbogen specializes in breakthrough multi-fuel microturbine technology designed for on-site electricity and heat generation. By targeting the U.S. and European markets, the company is positioning itself as a global leader in the hybrid energy sector. The company's Combined Heat and Power (CHP) systems offer a compelling value proposition: With the U.S. market potential estimated in the tens of billions of dollars , Turbogen already reported signing several long term contracts to supply microturbine systems to U.S. and European companies. Executive Commentary "This filing is far more than a technicality; it is a clear statement of intent. As an Israeli company, we are ready to play a defining role in the global decentralized energy revolution," said Yaron Gilboa, CEO of Turbogen . "We are entering the U.S. capital markets at an ideal juncture, backed by proven technology and a surging demand for independent, green energy solutions. Our solid financial foundation allows us to focus entirely on execution and global expansion." Contact: Eitan Shemtov [email protected] View original content: https://www.prnewswire.com/news-releases/turbogen-ltd-announces-public-filing-of-registration-statement-for-proposed-nasdaq-listing-302714614.html