Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 14

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 14
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 Related to Our Financial Condition and Capital Requirement</div>

Our management has concluded, and the report of our independent registered public accounting firm contains an explanatory paragraph that indicates, that there are conditions that raise substantial doubt about our ability to continue as a going concern, which could prevent us from obtaining new financing on reasonable terms or at all.

We have not yet generated
significant revenues from our operations, we had an accumulated deficit as of December 31, 2024 of $102,200 thousand and we also have
a history of net losses and negative operating cash flows. In 2022, we began commercializing our products and services and recently commenced
operating a new production facility in Dimona, Israel after shifting our operations from the development stage to commercial operations.
However, we expect to continue incurring losses and negative cash flows from operations until we reach profitability. As a result of
these expected losses and negative cash flows from operations, along with our current cash position, our management has concluded that
these conditions raise substantial doubt about our ability to continue as a going concern. Our consolidated financial statements do not
include any adjustments that might result from the outcome of the uncertainty regarding our ability to continue as a going concern. This
going concern opinion could materially limit our ability to commercialize our products and services and raise additional funds through
the issuance of equity or debt securities or otherwise. Further reports on our consolidated financial statements may include an explanatory
paragraph with respect to our ability to continue as a going concern. Until we can generate significant recurring revenues, we expect
to satisfy our future cash needs through debt or equity financing. We cannot be certain that additional funding will be available to
us on acceptable terms, if at all. If funds are not available, we may be required to delay, reduce the scope of, or eliminate research
or development plans for, or commercialization efforts with respect to our products. This may raise substantial doubts about our ability
to continue as a going concern.

<div align='center'>Risks Related to this Offering and the Ownership of our Securities</div>

Nasdaq may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.

On August 12, 2024, we
received a written notice from the Nasdaq Stock Market indicating that we are not in compliance with the minimum bid price requirement
for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to