Company: BNRG
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001213900-25-030015
Chunk: 48

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-09
Form: DRS
Chunk 48
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 and provisions of Pre-Funded Warrants that are being offered in this offering is not complete and is subject to,
and qualified in its entirety by, the provisions of the Pre-Funded Warrant, 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 Pre-Funded Warrants for a complete description of the terms and conditions of the Pre-Funded Warrant.

Duration and Exercise Price. Each Pre-Funded Warrant offered hereby will have an initial exercise price per share equal to $0.0001. The Pre-Funded Warrants
will be immediately exercisable and may be exercised at any time until the Pre-Funded Warrants are exercised in full. 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.

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Exercisability. The
Pre-Funded Warrants will be exercisable, at the option of each holder, in whole or in part, by delivering to us a duly executed exercise
notice accompanied by payment in full for the number of Ordinary Shares purchased upon such exercise (except in the case of a cashless
exercise as discussed below). A holder (together with its affiliates) may not exercise any portion of the Pre-Funded Warrants to the
extent that the holder would own more than 9.99% of the outstanding Ordinary Shares immediately after exercise. No fractional shares
of Ordinary Shares will be issued in connection with the exercise of a Pre-Funded Warrant. In lieu of fractional shares, we will either
pay the holder an amount in cash equal to the fractional amount multiplied by the exercise price or round up to the next whole Ordinary
Share.

Cashless Exercise.
If, at the time a holder exercises its Pre-Funded Warrants, a registration statement registering the issuance of the Ordinary Shares
underlying the Pre-Funded Warrants under the Securities Act is not then effective or available for the issuance of such Ordinary Shares,
then in lieu of making the cash payment otherwise contemplated to be made to us upon such exercise in payment of the aggregate exercise
price and subject to the value of the shares being paid up, the holder may elect instead to receive upon such exercise (either in whole
or in part) the net number of Ordinary Shares determined according to a formula