Company: BNRG
Filing Date: 2025-11-25
Form Type: 424B3
Source: 0001213900-25-114795
Chunk: 5

Company: Brenmiller Energy Ltd.
Filing Date: 2025-11-25
Form: 424B3
Chunk 5
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 (i) the resale of the ordinary shares issuable
upon exercise of the warrants issued at the Pre-Funded Warrants Closing, or the Pre-Funded Warrants Registration Rights Agreement, and
(ii) the resale of the ordinary shares issuable upon conversion of the Preferred Shares and exercise of the Additional Ordinary Warrants
to be issued at the Equity Closing (as defined below), or the Equity Closing Registration Rights Agreement. We agreed to file these registration
statements with the U.S. Securities and Exchange Commission and maintain their effectiveness within specified timeframes.

Also pursuant to the July
2025 Securities Purchase Agreement, following shareholder approval on September 25, 2025, we issued 3,800 Preferred Shares with a stated
value of $1,000 per share, in exchange for an additional $3.8 million investment, or the Equity Closing. Each Preferred Share is convertible
into ordinary shares at a fixed conversion price of $2.288 per share. At the Equity Closing, we also issued 1,660,839 accompanying ordinary
warrants, with an exercise price of $2.40 per share, equal to 100% of the shares underlying the Preferred Shares, which are exercisable
upon issuance and will expire five years from the initial exercise date.

In connection with the Equity
Closing Registration Rights Agreement, we are obligated, among other things, to file this registration statement with the SEC, for purposes
of registering the sum of (i) 200% of the Ordinary Shares issued or issuable upon the conversion of the Preferred Shares issued pursuant
to the terms of the Securities Purchase Agreement, and (ii) the 200% warrant shares issued or issuable upon exercise of the Warrants.

Under the terms of the July
2025 Securities Purchase Agreement, subject to certain conditions and as long as any Preferred Shares or the underling warrants are outstanding,
Alpha also has the right to purchase additional preferred shares and warrants of up to an additional $20 million, or the Subsequent Financing.

The July 2025 Securities
Purchase Agreement also provides for certain additional fundings by Alpha after the Equity Closing which can come in the form of warrant
exercises, Subsequent Financing or other financing arranged by Alpha, subject to certain conditions, up to $15 million, over a two year
period beginning after the Equity Closing. Assuming full exercise of all warrants, the overall financing from Alpha may reach approximately
$50 million.

The July 2025 Securities
Purchase Agreement contains customary representations, warranties, covenants