Zim Rani Discloses 5.1% Stake in Brenmiller Energy

TL;DR

**Zim Rani just revealed a 5.1% stake in Brenmiller Energy, a bullish signal for the stock.**

AI Summary

Zim Rani, an Israeli entity, reported beneficial ownership of 187,334 Ordinary Shares of Brenmiller Energy Ltd. (NASDAQ: BNRG) as of December 31, 2023. This filing, an SC 13G, indicates that Zim Rani holds a significant stake, representing 5.1% of Brenmiller's outstanding shares. This matters to investors because it signals a notable institutional interest in Brenmiller Energy, potentially boosting investor confidence and suggesting a belief in the company's future prospects.

Why It Matters

A new significant shareholder like Zim Rani can bring stability and a vote of confidence to Brenmiller Energy, potentially attracting further investment.

Risk Assessment

Risk Level: low — This filing indicates a new significant shareholder, which is generally a positive or neutral event for existing investors.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating a vote of confidence in Brenmiller Energy's future. It might warrant further research into Brenmiller's fundamentals and recent news to understand why Zim Rani took such a significant position.

Key Numbers

• 187,334 — Shares Beneficially Owned (Represents the total number of Brenmiller Energy Ordinary Shares Zim Rani holds.)
• 5.1% — Ownership Percentage (Indicates Zim Rani's significant stake in Brenmiller Energy, calculated from the filing's data.)
• December 31, 2023 — Event Date (The specific date when Zim Rani's ownership crossed the threshold requiring this disclosure.)

Key Players & Entities

• Zim Rani (company) — reporting person, beneficial owner of Brenmiller Energy shares
• Brenmiller Energy Ltd. (company) — subject company, issuer of the securities
• 187,334 (dollar_amount) — number of Ordinary Shares beneficially owned by Zim Rani
• December 31, 2023 (date) — date of the event requiring the filing
• NIS 0.02 (dollar_amount) — par value per Ordinary Share of Brenmiller Energy
• 5.1% (dollar_amount) — percentage of Brenmiller Energy's outstanding shares owned by Zim Rani

Forward-Looking Statements

• Brenmiller Energy's stock price may see a short-term positive reaction due to increased institutional interest. (Brenmiller Energy Ltd.) — medium confidence, target: February 2024
• Zim Rani may increase its stake in Brenmiller Energy over the next 12 months. (Zim Rani) — low confidence, target: January 2025

FAQ

Filing Documents

• zk2430835.htm (SC 13G) — 47KB
• 0001178913-24-000273.txt ( ) — 48KB

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: The securities reported herein are held by Rani Zim Holdings LTD. Rani Zim Holdings LTD. Is fully controlled by Rani Zim. (b) Percent of class: See row 11 of cover page of reporting person (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See row 5 of cover page of reporting person. (ii) Shared power to vote or to direct the vote: See row 6 of cover page of reporting person. (iii) Sole power to dispose or to direct the disposition of See row 7 of cover page of reporting person. (iv) Shared power to dispose or to direct the disposition of See row 8 of cover page of reporting person. Instruction . For computations regarding securities which represent a right to acquire an underlying security see 240.13d-3(d)(1).

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following . Instruction . Dissolution of a group requires a response to this item.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable

Certification

Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. (b) The following certification shall be included if the statement is filed pursuant to 240.13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. M2R43K115 13G Page 5 of 5 Pages After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 29, 2024 Date /s/ Zim Rani Signature Zim Rani Name/Title

View Full Filing

View this SC 13G filing on SEC EDGAR