Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 18

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 18
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 be able to raise capital on terms acceptable to us or at all. Raising additional capital may cause dilution to our existing shareholders and may adversely affect the rights of existing shareholders.

Growing and operating
our business will require significant cash outlays and capital expenditures and commitments. If cash on hand and cash from operating
activities are not sufficient to meet our cash requirements, we will need to seek additional capital. We may need to raise additional
capital through a combination of private and public equity offerings, debt financings and collaborations, and strategic and licensing
arrangements. We may not be able to raise needed cash on terms acceptable to us or at all. Financing may be on terms that are dilutive
or potentially dilutive to our shareholders, as described below, and the prices at which new investors would be willing to purchase our
securities may be lower than the current price per share. The holders of new securities may also have rights, preferences, or privileges
which are senior to those of existing holders of Ordinary Shares. If new sources of financing are required, but are insufficient or unavailable,
we will be required to modify our growth and operating plans based on available funding, if any, which would harm our ability to grow
our business.

To the extent that we
raise additional capital through the issuance of equity or otherwise including through convertible debt securities, your ownership interest
will be diluted, and the terms may include liquidation or other preferences that adversely affect your rights as a shareholder. Debt
financing, if available, may involve agreements that include covenants limiting or restricting our ability to take certain actions, such
as incurring debt, making capital expenditures or declaring dividends. If we raise additional funds through strategic partnerships and
alliances and licensing arrangements with third parties, we may have to relinquish valuable rights to our technologies or product candidates
or grant licenses on terms that are not favorable to us. If we are unable to raise additional funds through equity (such as this offering)
or debt financing when needed, we may be required to delay, limit, reduce or terminate our product development or commercialization efforts
or grant rights to develop and market product candidates that we would otherwise prefer to develop and market ourselves. Future sales
of our Ordinary Shares or of securities convertible into our Ordinary Shares, or the perception that such sales may occur, could cause
immediate dilution and adversely affect the market price of our Ordinary Shares.

We may be a “passive foreign investment company,” or PFIC, for U.S. federal income