Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 73

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 73
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2 (the exchange rate on the day prior
to the signing of the 2022 Private Placement). Each warrant is exercisable into one Ordinary Share subject to payment of exercise price
of NIS 61.3 (approximately $17.8) per warrant and has a term of two (2) years as of the issuance date of the warrants for Mr. Brenmiller.

<div align='center'>II-3</div>

On June 12, 2023, we entered
into a definitive securities purchase agreement with Snowdrop Holding SA for the issuance and sale in a private placement offering of
248,778 units, each unit consisting of one Ordinary Share and one non-tradeable warrant to purchase one Ordinary Share at a price per
unit of $10.0, for aggregate gross proceeds of approximately $2.5 million (NIS 8.97 million). The warrants have an exercise price of NIS
44 (approximately $12) per warrant and may be exercised beginning on June 12, 2024, until June 12, 2029. The offering closed on June 15,
2023.

On August 4, 2024, we entered
into a definitive securities purchase agreement with Alpha, for a private placement of 1,000,000 Ordinary Shares at a price of $1.05 per
share, or the August 2024 Private Placement. The closing of the August 2024 Private Placement was subject to certain conditions, including
us obtaining consent from an existing lender. On November 3, 2024, we entered into an amendment, or the First Amendment, to the securities
purchase agreement with Alpha. Pursuant to the First Amendment, it was agreed to extend the time by which we shall obtain consent from
an existing lender, in connection with the transactions contemplated by the securities purchase agreement, from within 90 days of signing
the securities purchase agreement to within 120 days of signing the securities purchase agreement. On November 27, 2024, we received the
required approval from the lander and on December 4, 2024, the offering was closed. Under the terms of the securities purchase agreement
for the August 2024 Private Placement, Alpha also had the right to make a further investment for 1,000,000 additional Ordinary Shares
(or ordinary share equivalents) in the event that our Ordinary Shares closed at or above $2.50 per share within the 12 months from the
date of the securities purchase agreement