Company: BNRG
Filing Date: 2025-05-14
Form Type: 424B4
Source: 0001213900-25-042979
Chunk: 21

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-14
Form: 424B4
Chunk 21
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arrants during the period when the Warrants are exercisable, the Warrants may not have any value.

Provisions of the Warrants offered by this prospectus could discourage an acquisition of us by a third party.

Certain provisions of the
Warrants offered by this prospectus could make it more difficult or expensive for a third party to acquire us. The Warrants prohibit us
from engaging in certain transactions constituting “fundamental transactions” unless, among other things, the surviving entity
assumes our obligations under the Warrants. Further, the Warrants provide that, in the event of certain transactions constituting “fundamental
transactions,” with some exceptions, holders of such Warrants will have the right, at their option, to require us to repurchase
such Warrants at a price described in such Warrants. These and other provisions of the Warrants offered by this prospectus could prevent
or deter a third party from acquiring us even where the acquisition could be beneficial to you.

The exercise price of the Warrants offered by this prospectus will not be adjusted for certain dilutive events.

The exercise price of the
Warrants offered by this prospectus is subject to adjustment for certain events, including, but not limited to, certain issuances of share
capital, options, convertible securities and other securities. However, the exercise prices will not be adjusted for dilutive issuances
of securities considered “excluded securities” and there may be transactions or occurrences that may adversely affect the
market price of our Ordinary Shares or the market value of such Warrants without resulting in an adjustment of the exercise prices of
such Warrants.

The best efforts structure of this offering may have an adverse effect on our business plan.

The placement agent is offering
the Ordinary Shares and Warrants in this offering on a best efforts basis. The placement agent is not required to purchase any securities,
but will use their best efforts to sell the securities offered. As a “best efforts” offering, there can be no assurance that
the offering contemplated hereby will ultimately be consummated or will result in any proceeds being made available to us or if consummated
the amount of proceeds to be received. The success of this offering will impact our ability to use the proceeds to execute our business
plan. An adverse effect on the business may result from raising less than anticipated, and from the fact that there is no minimum raise.

Purchasers who purchase our securities in this offering pursuant to the Securities Purchase Agreement may have rights not available to purchasers that purchase