Brenmiller Energy Ltd (BNRG) Prices 889K Unit Offering at $4.50/sh
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Brenmiller Energy Ltd. Announces Pricing of $4 Million Offering
January 23, 2024 8:00 AM ESTROSH HAAYIN, Israel--(BUSINESS WIRE)-- Brenmiller Energy Ltd. (Brenmiller, Brenmiller Energy, the Company) (Nasdaq: BNRG), a global leader in thermal energy storage (TES), announced today it entered into a securities purchase agreement with a U.S. based institutional investor for the issuance and sale of 888,890 units (Units), with each Unit consisting of one ordinary share, no par value per share (Ordinary Share), of the Company (or pre-funded warrant in lieu thereof) and one warrant to purchase one Ordinary Share, at a price per Unit of $4.50, for aggregate gross proceeds of approximately $4.0 million before deducting placement agent... More
