Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 25

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 25
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  being subject to regulation in each state in  

The market price
of our Ordinary Shares may be highly volatile and fluctuate substantially, which could result in substantial loses for purchasers of our
Ordinary Shares.

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 price at which you paid. The market price for the Ordinary Shares may be influenced by many factors, including:

  our dependency on the successful development,                                                          

  the loss of the services of any of our executive                                                                                            
  officers or any key employees or consultants may adversely affect our ability to execute our business plan and harm our operating results;  
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  our dependency upon third-party manufacturers                                                                                              

  our dependency upon third-party service providers                                                                                                
  to provide a high quality of service, which if not met, may impact the utility of our products, our business, operating results and reputation;  
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  our dependency on the use of certain raw materials                                                                          
  and changes in the price or availability of such raw materials may impact our ability to efficiently produce our products;  
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  obtaining and upholding permits, certifications  

  the field of energy storage integration is relatively                                       

  general economic weakness, including inflation,  

  whether a market for the Ordinary Shares will  

  the granting or exercise of employee stock options  

  changes in investors’ and securities analysts’                    
  perception of the business risks and conditions of our business.  
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In
addition, the stock market in general, and the Nasdaq in particular, have experienced extreme price and volume fluctuations that have
often been unrelated or disproportionate to the operating performance of small companies. Broad market and industry factors may negatively
affect the market price of our Ordinary Shares, regardless of our actual operating performance. Further, a systemic decline in the financial
markets and related factors beyond our control may cause our share price to decline rapidly and unexpectedly.

Future sales of
our Ordinary Shares could reduce the market price of our Ordinary Shares.

Substantial
sales of our Ordinary