Financing ·
Brenmiller Energy Ltd. entered into an amendment to its Securities Purchase Agreement with Alpha Capital Anstalt to…
BNRGBrenx Ltd.
Brenmiller Energy Ltd. entered into an amendment to its Securities Purchase Agreement with Alpha Capital Anstalt to secure $1,500,000 in preferred shares and warrants. Subject to shareholder approval, the company will increase the conversion price of the preferred shares from $1.67 to $2.00 and reduce the exercise price of certain warrants to $2.00. The net proceeds will be used for general corporate purposes and commercial TES projects in Europe, the U.S., and the Middle East. Brenmiller Energy Ltd. is an energy technology company focused on thermal energy storage solutions.