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0.0348178137651821 0 0.0323886639676114 0.0793522267206477 0.0282051282051281 0.0596491228070176 -0.0125506072874494 0.0412955465587044
Stock impact report

Brenmiller Energy Closes on $1.05 Million Private Placement with Existing Institutional Shareholder

Brenmiller Energy Ltd (BNRG) 
Company Research Source: Business Wire
Investor has the right to purchase 1 million additional ordinary shares if the Company’s ordinary shares close at or above $2.50 per share within the next 12 months ROSH HA’AYIN, Israel--(BUSINESS WIRE)--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 closed its previously announced private placement with one of the Company’s existing institutional investors for aggregate gross proceeds of $1.05 million.In connection with the private placement, the Company sold to the investor 1,000,000 ordinary shares of the Company at a price of $1.05 per share, reflecting a 52% premium to the closing price for the Company’s ordinary shares on Nasdaq on August 2, 2024, the last closing price prior to when the securities purchase agreement was signed, and a 33% premium to the closing price of $0.79 on December 3, 2024 when th Show less Read more
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