10:40 AM EDT, 07/28/2025 (MT Newswires) -- Brenmiller Energy ( BNRG ) said Monday it has secured a significant private placement agreement with Alpha Capital Anstalt for up to $25 million in equity financing.
The agreement consists of an initial $1.2 million closing with pre-funded and ordinary warrants, succeeded by a $3.8 million equity closing pending shareholder approval.
Alpha Capital is granted further investment rights totaling up to $20 million. If all warrants are exercised, the total funding could amount to $50 million, the company said.
The financing includes preferred shares convertible at $2.288 per share and various warrants with exercise prices ranging from $0.00001 to $2.40.
The net proceeds will support working capital, general corporate purposes and execution of commercial TES projects across Europe, U.S., and Middle East, Brenmiller said.
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