Company: BNRG
Filing Date: 2025-04-28
Form Type: F-1
Source: 0001213900-25-035754
Chunk: 54

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-28
Form: F-1
Chunk 54
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 following summary of certain
terms and provisions of Pre-Funded Warrants that are being offered in this offering is not complete and is subject to, and qualified in
its entirety by, the provisions of the Pre-Funded Warrant, the form of which is filed as an exhibit to the registration statement of which
this prospectus forms a part. Prospective investors should carefully review the terms and provisions of the form of Pre-Funded Warrants
for a complete description of the terms and conditions of the Pre-Funded Warrant.

Duration and Exercise Price.
Each Pre-Funded Warrant offered hereby will have an initial exercise price per share equal to $0.0001. The Pre-Funded Warrants will be
immediately exercisable and may be exercised at any time until the Pre-Funded Warrants are exercised in full. The exercise price and number
of Ordinary Shares issuable upon exercise is subject to appropriate adjustment in the event of share dividends, share splits, reorganizations
or similar events affecting our Ordinary Shares and the exercise price.

Exercisability. The
Pre-Funded Warrants will be exercisable, at the option of each holder, in whole or in part, by delivering to us a duly executed exercise
notice accompanied by payment in full for the number of Ordinary Shares purchased upon such exercise (except in the case of a cashless
exercise as discussed below). A holder (together with its affiliates) may not exercise any portion of the Pre-Funded Warrants to the extent
that the holder would own more than 9.99% of the outstanding Ordinary Shares immediately after exercise. No fractional shares of Ordinary
Shares will be issued in connection with the exercise of a Pre-Funded Warrant. In lieu of fractional shares, we will either pay the holder
an amount in cash equal to the fractional amount multiplied by the exercise price or round up to the next whole Ordinary Share.

Cashless Exercise.
If, at the time a holder exercises its Pre-Funded Warrants, a registration statement registering the issuance of the Ordinary Shares underlying
the Pre-Funded 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