Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 23

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 23
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 the future, we would lose our foreign private
issuer status if a majority of our shareholders, directors, or management are U.S. citizens or residents, and we fail to meet additional
requirements necessary to avoid loss of foreign private issuer status. The regulatory and compliance costs to us under U.S. securities
laws as a U.S. domestic registrant may be significantly higher.

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As a public company in the United States, our management will be required to devote substantial time to new compliance initiatives as well as compliance with ongoing U.S. requirements.

As a public company in the
United States, we incur additional significant accounting, legal and other expenses that we did not incur before May 2022. We also anticipate
that we will incur costs associated with corporate governance requirements of the SEC, as well as requirements under Section 404 and other
provisions of the Sarbanes-Oxley Act as they become applicable to us. We expect these rules and regulations to increase our legal and
financial compliance costs, introduce new costs such as investor relations, stock exchange listing fees, and shareholder reporting, and
make some activities more time-consuming and costly. The implementation and testing of such processes and systems may require us to hire
outside consultants and incur other significant costs. Any future changes in the laws and regulations affecting public companies in the
United States, including Section 404 and other provisions of the Sarbanes-Oxley Act, and the rules and regulations adopted by the SEC,
for so long as they apply to us, will result in increased costs to us as we respond to such changes. These laws, rules, and regulations
could make it more difficult or more costly for us to obtain certain types of insurance, including director and officer liability insurance,
and we may be forced to accept reduced policy limits and coverage or incur substantially higher costs to obtain the same or similar coverage.
The impact of these requirements could also make it more difficult for us to attract and retain qualified persons to serve on our board
of directors, our board committees, or as executive officers.

Sales of a significant number of our Ordinary Shares in the public markets or significant short sales of our Ordinary Shares, or the perception that such sales could occur, could depress the market price of our Ordinary Shares and impair our ability to raise capital.

Sales of a substantial number
of our Ordinary Shares or other equity-related securities in the public markets could depress the market price of our Ordinary Shares.
If there are significant short sales of our Ordinary Shares,