Company: BNRG
Filing Date: 2025-05-14
Form Type: 424B4
Source: 0001213900-25-042979
Chunk: 44

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-14
Form: 424B4
Chunk 44
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 paying to the holder an amount of cash equal to the Black
Scholes Value (as defined in the Series B Warrant) of the remaining unexercised portion of the Series B Warrant on the date of the consummation
of such fundamental transaction; however, if the fundamental transaction is not within our control, including not approved by our board
of directors, then the holder shall only be entitled to receive from us or any successor entity the same type or form of consideration
(and in the same proportion), at the Black Scholes Value of the unexercised portion of the Series B Warrant, that is being offered and
paid to the holders of our Ordinary Shares in connection with the fundamental transaction, whether that consideration be in the form
of cash, stock or any combination thereof, or whether the holders of Ordinary Shares are given the choice to receive from among alternative
forms of consideration in connection with the fundamental transaction; provided, further, that if holders of our Ordinary Shares are
not offered or paid any consideration in such fundamental transaction, such holders of Ordinary Shares will be deemed to have received
Ordinary Shares of the successor entity (which entity may be us following such fundamental transaction) in such fundamental transaction.

Series C Warrants

The following summary of
certain terms and provisions of Series C Warrants that are being offered hereby is not complete and is subject to, and qualified in its
entirety by, the provisions of the Series C Warrants, the form of which is filed as an exhibit to the registration statement of which
this prospectus forms a part. Prospective investors should carefully review the terms and provisions of the form of Series C Warrants
for a complete description of the terms and conditions of the Series C Warrants.

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Duration and Exercise Price.
Each Warrant offered hereby will have an initial exercise price per share equal to $0.75. The Warrants will be immediately exercisable
and will expire twelve (12) months from the Initial Exercise Date. The exercise price and number of Ordinary Shares issuable upon exercise
is subject to appropriate adjustment in the event of share dividends, share splits, reorganizations or similar events affecting our Ordinary
Shares and the exercise price. The Series C Warrants will be issued separately from the Ordinary Shares and will be held separately immediately
thereafter. A Series C Warrant to purchase one Ordinary Share will be issued for every Ordinary Share to purchase one share purchased
in this offering.

Exerc