Company: BNRG
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001213900-25-030015
Chunk: 18

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-09
Form: DRS
Chunk 18
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 trading on its exchange and we are not able to list our securities on another national securities exchange,
we expect our securities could be quoted on an over-the-counter market. If this were to occur, we could face significant material adverse
consequences, including:

| ● | a limited availability of market quotations for our securities; |

| ● | reduced liquidity for our securities; |

| ● | a decrease in the number of institutional and general investors 
 that will consider investing in our Ordinary Shares;            |

| ● | a determination that our ordinary shares are a “penny                                                                               
 stock” which will require brokers trading in our Ordinary Shares to adhere to more stringent rules and possibly result in a reduced 
 level of trading activity in the secondary trading market for our securities;                                                       |

| ● | a limited amount of news and analyst coverage; |

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| ● | a reduction in the number of market makers for our ordinary                                         
 shares and the number of broker-dealers willing to execute trades in shares of our Ordinary Shares; |

| ● | a decreased ability to issue additional securities or obtain 
 additional financing in the future; and                      |

| ● | being subject to regulation in each state in which we offer 
 our securities.                                             |

Our officers and directors currently beneficially own approximately 12.38% of our outstanding Ordinary Shares. They will therefore be able to exert significant control over matters submitted to our shareholders for approval.

As of the date of this
prospectus, our officers and directors beneficially own approximately 12.38% of our outstanding Ordinary Shares. This significant
concentration of share ownership may adversely affect the trading price for our Ordinary Shares because investors often perceive
disadvantages in owning shares in companies with controlling shareholders. As a result, these shareholders, if they acted together,
could significantly influence or even unilaterally approve matters requiring approval by our shareholders, including the election of
directors and the approval of mergers or other business combination transactions. The interests of these shareholders may not always
coincide with our interests or the interests of other shareholders.

The market price of our Ordinary Shares may be highly volatile and fluctuate substantially, which could result in substantial losses for purchasers of our Ordinary Shares and Pre-Funded Warrants in this offering.

The trading price of our Ordinary
Shares is likely to be volatile. As a result of this volatility, you may not be able to sell the Ordinary Shares at or above the public
offering price. The market price for the Ordinary