IPO - Brenmiller Energy Ltd.

Form Type: 424B4

Filing Date: 2025-05-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025042979

Filing Summary: Brenmiller Energy Ltd. is offering 2,307,693 ordinary shares, along with Series B and Series C warrants to purchase additional shares, at a public offering price of $0.65 per share. Each warrant has an exercise price of $0.75, with terms specifying expiry durations. As of May 12, 2025, the last reported sale price of the company’s ordinary shares was $0.79. The offering, which is categorized as a 'best efforts' offering, will terminate on May 30, 2025, unless completed earlier. The company expects to receive approximately $1.5 million in proceeds from the offering, which will be allocated for general corporate purposes, including working capital and capital expenditures. The necessity for a minimum offering amount is mentioned, indicating potential uncertainties in proceeds. The contribution to a broader strategy includes working in renewable energy sectors by providing thermal energy storage solutions, thus aiming to aid in the electrification and decarbonization of industrial sectors. The Dimona production facility has reached full automation, with plans for future expansions, showcasing the company's growth potential and infrastructure capabilities.

Form Type: F-1

Filing Date: 2025-04-28

Corporate Action: Ipo

Type: New

Accession Number: 000121390025035754

Filing Summary: Brenmiller Energy Ltd., a technology company specializing in thermal energy storage systems based on proprietary bGen technology, filed a registration statement with the SEC for an initial public offering (IPO) to offer up to 3,003,003 ordinary shares, along with Series B and C warrants to purchase an additional 3,003,003 shares each. The total offering includes 6,006,006 ordinary shares underlying the warrants and pre-funded warrants. The offering price is assumed at $1.332 per ordinary share, based on recent trading. The company aims to facilitate the transition from fossil fuels to renewable energy and has developed its technology over 13 years. The funds raised will support expansion, including a new production facility in Israel and projects like Termo Beverages Ltd. The offering is set to terminate by May 30, 2025, unless completed sooner. Brenmiller is positioned as an emerging growth company, subject to reduced reporting requirements.

Form Type: DRS

Filing Date: 2025-04-09

Corporate Action: Ipo

Type: New

Accession Number: 000121390025030015

Filing Summary: Brenmiller Energy Ltd. has submitted a draft registration statement under the Securities Act of 1933, indicating plans for an Initial Public Offering (IPO) of its Ordinary Shares and accompanying Warrants. The offering will be made on a 'best efforts' basis and is aiming to raise funds for the company's proprietary thermal energy storage systems based on bGen technology. The offering includes Ordinary Shares and pre-funded Warrants that allow purchasers to exceed ownership thresholds without triggering reporting obligations. The prospectus highlights the company’s innovative energy solutions addressing climate change challenges by significantly reducing carbon emissions. Additionally, a new facility in Dimona, Israel, is operational, producing components for the thermal energy storage systems, with plans to scale production. The company’s approaches include engaging in an Energy as a Service (EaaS) model and pursuing strategic partnerships to develop and deploy their technology more effectively.

Form Type: CORRESP

Filing Date: 2024-12-18

Corporate Action: Ipo

Type: New

Accession Number: 000121390024110101

Filing Summary: Brenmiller Energy Ltd. is requesting the acceleration of the effective date of its Registration Statement on Form F-3, intending for it to be declared effective on December 20, 2024, at 4:30 p.m. Eastern Time. This request is made under Rule 461 of the Securities Act of 1933. The company acknowledges its responsibilities under the Securities Act concerning the proposed public offering of securities. The request includes a notification procedure to be informed of the effectiveness by telephone and written confirmation.