Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 30

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 30
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 laws and regulations intended to protect investors and to reduce
the amount of information we provide in our reports filed with the SEC, which could undermine investor confidence in the Company and adversely
affect the market price of the Ordinary Shares.

For
so long as we remain an “emerging growth company” as defined in the JOBS Act, we intend to take advantage of certain exemptions
from various requirements that are applicable to public companies that are not “emerging growth companies”, including the
provisions of the Sarbanes-Oxley Act requiring that our independent registered public accounting firm provide an attestation report on
the effectiveness of our internal control over financial reporting and the extended transition period for complying with new or revised
financial accounting standards.

We
intend to take advantage of these exemptions until we are no longer an “emerging growth company.” We will remain an emerging
growth company until the earlier of (i) the last day of the fiscal year (a) following the fifth anniversary of the date of our first sale
of our Ordinary Shares pursuant to an effective registration statement under the Securities Act, (b) in which we have total annual gross
revenue of at least $1.235 billion, or (c) in which we are deemed to be a large accelerated filer, which means the market value of our
Ordinary Shares that is held by non-affiliates exceeds $700 million as of the prior June 30; and (ii) the date on which we have issued
more than $1.0 billion in non-convertible debt during the prior three-year period.

We
cannot predict if investors will find the Ordinary Shares less attractive because we may rely on these exemptions. If some investors find
the Ordinary Shares less attractive as a result, there may be a less active trading market for the Ordinary Shares, and our market prices
may be more volatile and may decline.

As a “foreign
private issuer” we are subject to less stringent disclosure requirements than domestic registrants and are permitted and may in
the future elect to follow certain home country corporate governance practices instead of otherwise applicable SEC and Nasdaq requirements,
which may result in less protection than is accorded to investors under rules applicable to domestic U. S. registrants.

As
a foreign private issuer and emerging growth company, we may be subject to different disclosure and other requirements than domestic U. S.
registrants and non-emerging growth companies. As a foreign private issuer in the United States, we are not subject to the same disclosure