Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 46

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 46
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rights in the company which resulted in the acquirer becoming a holder of more than 45% of the voting rights in the company. A “special”
tender offer must be extended to all shareholders. In general, a “special” tender offer may be consummated only if (1) at
least 5% of the voting power attached to our outstanding shares will be acquired by the offeror and (2) the offer is accepted by a majority
of the offerees who notified the company of their position in connection with such offer (excluding the offeror, controlling shareholders,
holders of 25% or more of the voting rights in the company or anyone on their behalf, or any person having a personal interest in the
acceptance of the tender offer). If a special tender offer is accepted, then the purchaser or any person or entity controlling it or
under common control with the purchaser or such controlling person or entity may not make a subsequent tender offer for the purchase
of shares of the target company and may not enter into a merger with the target company for a period of one year from the date of the
offer, unless the purchaser or such person or entity undertook to effect such an offer or merger in the initial special tender offer.

However, under the Exemptions
Regulations, the aforesaid limitations regarding a “special” tender offer do not apply for an Israeli company whose shares
are listed outside of Israel, provided that if the applicable law as applicable to companies incorporated in the country which the Company
is listed for trade, provide a restriction on the acquisition of control of any proportion of the company or that the acquisition of
control of any proportion requires the purchaser to also offer a purchase offer to shareholders from among the public.

Lastly, Israeli tax law treats
some acquisitions, such as stock-for-stock exchanges between an Israeli company and a foreign company, less favorably than U.S. tax laws.
For example, Israeli tax law may, under certain circumstances, subject a shareholder who exchanges his, her or its Ordinary Shares for
shares in another corporation to taxation prior to the sale of the shares received in such stock-for-stock swap.

Exclusive Forum

Our articles of
association provide that unless we consent in writing to the selection of an alternative forum, the federal district courts of the United
States of America shall be the exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities
Act. Section 22 of the Securities Act creates concurrent jurisdiction for federal and state