Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 54

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 54
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 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 Pre-Funded Warrants.

Transferability. Subject
to applicable laws, a pre-funded warrant may be transferred at the option of the holder upon surrender of the Pre-Funded Warrants to us
together with the appropriate instruments of transfer.

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Exchange Listing. We
do not intend to list the Pre-Funded Warrants on Nasdaq or any other national securities exchange or nationally recognized trading system.
The Ordinary Shares issuable upon exercise of the Pre-Funded Warrants are currently listed on Nasdaq.

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

Fundamental Transaction.
In the event of a fundamental transaction, as described in the Warrants and generally including (i) our merger or consolidation with or
into another person, (ii) the sale, lease, license, assignment, transfer, conveyance or other disposition of all or substantially all
of our assets, (iii) any purchase offer, tender offer or exchange offer pursuant to which holders of our Ordinary Shares are permitted
to sell, tender or exchange their shares for other securities, cash or property and has been accepted by the holders of more than 50%
of our outstanding Ordinary Shares, (iv) any reclassification, reorganization or recapitalization of our shares of Ordinary Shares or
any compulsory share exchange pursuant to which the Ordinary Shares are effectively converted into or exchanged for other securities,
cash or property, or (v) any stock or share purchase agreement or other business combination with another person or group of persons whereby
such other person or group acquires more than 50% of our outstanding Ordinary Shares, the holders shall have the right to receive the
number of Ordinary Shares for which the Warrant is exercisable immediately prior to the occurrence of such fundamental transaction of
the successor or acquiring corporation or of the Company, if it is the surviving corporation, and any additional consideration receivable
as a result of such fundamental transaction.

Amendment to the Prior Warrants

In connection with this
offering, we may enter into privately negotiated agreements with the holders of