Brenmiller Energy Implements Reverse Share Split Amid Crucial Milestones

Brenmiller Energy Ltd., a leader in Thermal Energy Storage solutions, announced a reverse share split effective today on the Nasdaq Capital Market. This move aims to protect and preserve shareholder value as the company approaches significant business milestones.

Over a decade of innovation and $118 million in investments have positioned Brenmiller to deploy projects across several regions, boasting a $500 million commercial opportunity pipeline. The company emphasizes that the reverse split will not affect ownership proportions among shareholders.

Brenmiller is striving to meet key commercial deployment goals, with an eye on maintaining its momentum. Recent projects in Israel and Spain underscore a promising phase for the company, with management retaining substantial holdings, aligning their interests with those of the shareholders.