Company: BNRG
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038040
Chunk: 34

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-01
Form: F-1/A
Chunk 34
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 dilution on a per Ordinary Share basis to purchasers of Ordinary Shares in this offering:

| Assumed public offering price per Ordinary Share                                                           |     | $ | 1.332 |   |
| Net tangible book value per Ordinary Share as of December 31, 2024                                         |     | $ |  0.55 |   |
| Pro forma net tangible book value per Ordinary Share                                                       |     | $ |  0.64 |   |
| Increase in pro forma as adjusted net tangible book value per Ordinary Share attributable to new investors |     | $ |  0.13 |   |
| Pro forma as adjusted net tangible book value per Ordinary Share                                           |     | $ |  0.77 |   |
| Dilution per Ordinary Share to new investors                                                               |     | $ |  0.56 |   |
| Percentage of dilution in net tangible book value per Ordinary Share for new investors                     |     |   |    42 | % |

The dilution information set
forth in the table above is illustrative only, assumes no Pre-Funded Warrants are sold in this offering, and will be adjusted based on
the actual public offering price and other terms of this offering determined at pricing.

A $0.20 increase or decrease
in the assumed public offering price of $1.332 per Ordinary Share would increase or decrease our pro forma as adjusted net tangible
book value after this offering by approximately $0.6 million and the as adjusted net tangible book value per Ordinary Share after
this offering by $0.05 and would increase or decrease the dilution per Ordinary Share to new investors by $0.05, assuming the number
of Ordinary Shares and accompanying Warrants offered by us, as set forth on the cover page of this prospectus remains the same, and no
sale of any Pre-Funded Warrants, after deducting the estimated placement agent fees and expenses and estimated offering expenses payable
by us.

We may also increase or
decrease the number of the Ordinary Shares and accompanying Warrants we are offering. An increase or decrease of 500,000 in the number
of the Ordinary Shares and accompanying Warrants offered by us in this offering would increase or decrease our pro forma as adjusted net
tangible book value after this offering by approximately $0.6 million and the as adjusted net tangible book value per Ordinary Share
after this offering by $0.02 per Ordinary Share and would increase or decrease the dilution per Ordinary Share to new investors