Brenmiller Energy Secures Up to $25M in Securities Deal
Ticker: BNRG · Form: 6-K · Filed: Dec 30, 2025 · CIK: 1901215
Sentiment: neutral
Topics: financing, securities-purchase-agreement, capital-raise
TL;DR
Brenmiller Energy locks in up to $25M from Alpha Capital via securities purchase agreement.
AI Summary
Brenmiller Energy Ltd. announced on December 30, 2025, that it has entered into a securities purchase agreement (SPA) with Alpha Capital Anstalt (Alpha). Under the SPA, the company agreed to issue and sell up to $25 million in securities, including preferred shares, pre-funded warrants, and ordinary warrants, across multiple tranches. This agreement was previously disclosed on a Form 6-K filed on July 25, 2025, with an initial tranche closing on July 28, 2025.
Why It Matters
This financing agreement provides Brenmiller Energy with significant capital, potentially enabling further development and expansion of its energy technologies.
Risk Assessment
Risk Level: medium — The company is raising a substantial amount of capital through a securities purchase agreement, which can involve complex terms and potential dilution for existing shareholders.
Key Numbers
- $25 million — Securities Purchase Agreement (Maximum aggregate amount of securities to be issued and sold to Alpha Capital Anstalt.)
Key Players & Entities
- Brenmiller Energy Ltd. (company) — Filer of the report and party to the agreement
- Alpha Capital Anstalt (company) — Purchaser of securities
- $25 million (dollar_amount) — Aggregate amount of securities to be sold
- July 25, 2025 (date) — Date of initial SPA disclosure
- July 28, 2025 (date) — Date of initial tranche closing
FAQ
What types of securities are included in the agreement with Alpha Capital Anstalt?
The agreement includes preferred shares, pre-funded warrants, and ordinary warrants.
What is the total potential value of the securities to be sold under the SPA?
The company agreed to issue and sell up to an aggregate of $25 million in securities.
When was the initial disclosure of the Securities Purchase Agreement (SPA) made?
The SPA was previously disclosed on a Form 6-K filed on July 25, 2025.
Who is the counterparty to the securities purchase agreement?
The counterparty is Alpha Capital Anstalt.
What was the date of the initial closing of a tranche under the SPA?
An initial tranche closed on July 28, 2025.
Filing Stats: 1,146 words · 5 min read · ~4 pages · Grade level 13.5 · Accepted 2025-12-30 16:05:16
Key Financial Figures
- $25 million — rtain conditions, up to an aggregate of $25 million in securities across multiple tranches,
- $1.2 million — took place for a subscription amount of $1.2 million whereby the Company issued (i) pre-fund
- $0.00001 — ordinary shares at an exercise price of $0.00001 per share, or the Pre-Funded Warrants,
- $2.09 — ordinary shares at an exercise price of $2.09 per share, or the July Ordinary Warrant
- $1,395,790 — s in connection with the PFW Closing to $1,395,790. On September 25, 2025, the Company re
- $1,000 — preferred shares with a stated value of $1,000 per share on September 29, 2025, or the
- $3.8 m — d Shares, to Alpha for consideration of $3.8 million, or the Equity Closing. Each Sept
- $2.288 — y shares at a fixed conversion price of $2.288 per share. At the Equity Closing, the C
- $2.40 — ary warrants, with an exercise price of $2.40 per share, or the September Ordinary Wa
- $1,000,000 — ent funding with Alpha in the amount of $1,000,000, or the First Subsequent Funding, pursu
- $1.118 — y shares at a fixed conversion price of $1.118 per share, or the First December Prefer
- $0.688 — y shares at a fixed conversion price of $0.688 per share, or the Second December Prefe
Filing Documents
- ea0271195-6k_brenmiller.htm (6-K) — 18KB
- 0001213900-25-126600.txt ( ) — 19KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Brenmiller Energy Ltd. Date: December 30, 2025 By: /s/ Ofir Zimmerman Name: Ofir Zimmerman Title: Chief Financial Officer 3