Company: BNRG
Filing Date: 2025-05-14
Form Type: 424B4
Source: 0001213900-25-042979
Chunk: 42

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-14
Form: 424B4
Chunk 42
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 of the Series B Warrant to the extent that the holder would own more than 4.99% of the outstanding Ordinary
Shares immediately after exercise, except that upon at least 61 days prior notice from the holder to us, the holder may increase the
amount of ownership of outstanding shares after exercising the holder’s Series B Warrants up to 9.99% of the number of Ordinary
Shares outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the
terms of the Series B Warrants. No fractional Ordinary Shares will be issued in connection with the exercise of a Series B Warrant. In
lieu of fractional shares, we will round down to the next whole share.

Cashless Exercise.
If, at the time a holder exercises its Series B Warrants, a registration statement registering the issuance of the Ordinary Shares underlying
the Series B 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 set forth in the Series B Warrants.

Transferability. Subject
to applicable laws, a Series B Warrant may be offered for sale, sold, transferred or assigned at the option of the holder upon surrender
of the Series B Warrant to us together with the appropriate instruments of transfer.

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Exchange Listing.
There is no established public trading market for the Series B Warrants, and we do not expect a market to develop. In addition, we do
not intend to list the Series B Warrants on any securities exchange or nationally recognized trading system. Without an active trading
market, the liquidity of the Series B Warrants will be limited.

Right as a Shareholder.
Except as otherwise provided in the Series B Warrants or by virtue of such holder’s ownership of our Ordinary Shares, the holders
of the Series B Warrants do not have the rights or privileges of holders of our Ordinary Shares, including any voting rights, until they
exercise their Series B Warrants.

Fundamental Transaction.
In the event of a fundamental transaction, as described in the Series B Warrants and generally including (i) we, directly or indirectly,
in one or more related transactions