Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 28

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 28
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 Factors,” “Item 4. Information on the Company,” and “Item 5. Operating and Financial Review and Prospects”, in our Annual Report generally.                                                                                |

These statements are only
current predictions and are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s
actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking
statements. We discuss many of these risks in this prospectus in greater detail under the heading “Risk Factors” and elsewhere
in this prospectus. You should not rely upon forward-looking statements as predictions of future events.

Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance,
or achievements. Except as required by law, we are under no duty to update or revise any of the forward-looking statements, whether as
a result of new information, future events or otherwise, after the date of this prospectus.

<div align='center'>14

USE OF PROCEEDS</div>

We expect to receive approximately
$4.0 million in gross proceeds from the sale of securities offered by us in this offering, assuming no sale of any Pre-Funded Warrants,
based upon an assumed public offering price of $1.332 per Ordinary Share and accompanying Warrants, which was the last reported sale
price on Nasdaq of our Ordinary Shares on April 24, 2025. However, because this is a reasonable best efforts offering with no minimum
number of securities or amount of proceeds as a condition to closing, the actual offering amount, placement agent fees, and net proceeds
to us are not presently determinable and may be substantially less than the maximum amounts set forth on the cover page of this prospectus,
and we may not sell all or any of the securities we are offering. As a result, we may receive significantly less in net proceeds. Based
on the assumed offering price set forth above, we estimate that our net proceeds from the sale of 75%, 50%, 25% and 10% of the securities
offered in this offering would be approximately $2.6 million, $1.6 million, $0.7 million, and $0.15 million, respectively,
after deducting the estimated placement agent fees and estimated offering expenses payable by us, and assuming no issuance of any Pre-Funded
Warrants and assuming no exercise of the Warrants. We will only receive additional