Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 17

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 17
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2024.                                                            |

<div align='center'>7

RISK FACTORS</div>

An investment in our securities involves a high degree of risk. You should carefully consider the risks and uncertainties described below and those described under the section captioned “Risk Factors” contained in our Annual Report on Form 20-F for the year ended December 31, 2024 and all other information contained or incorporated by reference into this prospectus and the documents incorporated by reference into this prospectus before making an investment in our securities. Our business, financial condition or results of operations could be materially and adversely affected if any of these risks occurs and, as a result, the market price of our securities could decline and you could lose all or part of your investment. This prospectus also contains forward-looking statements that involve risks and uncertainties. See “Cautionary Note Regarding Forward-Looking Statements.” Our actual results could differ materially and adversely from those anticipated in these forward-looking statements as a result of certain factors.

Risks Related to Our Financial Condition and Capital Requirements

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