Bimergen Energy Announces Uplist to the NYSE American Stock Exchange with Concurrent Offering

Rhea-AI Summary

Bimergen Energy (OTCQB: BESS) announced approval to list its common stock on the NYSE American, expected to begin trading under the symbol BESS at the opening on or about December 11, 2025, subject to exchange authorization and continued compliance.

The company said shares will continue trading on the OTCQB until the close on or about December 10, 2025, after which OTC trading will terminate upon NYSE American effectiveness. A concurrent offering is underway, subject to market conditions and regulatory approval; additional offering details will be filed with the SEC. Stockholders need not take any action before the listing.

Newport Beach, CA, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (OTCQB: BESS) (“Bimergen”), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced that its shares of common stock have been approved for listing on the NYSE American LLC ("NYSE American") stock exchange. Bimergen expects that its common stock will begin trading on the NYSE American under the symbol “BESS” at the opening of trading on or about December 11, 2025, subject to authorization of the application and continued compliance with the exchange rules.

In connection with the anticipated uplisting, Bimergen is also conducting a concurrent offering of its securities, subject to market conditions and regulatory approval. Additional details regarding the offering will be provided through the Company’s filings with the Securities and Exchange Commission (“SEC”).

Bimergen expects that its shares of common stock will continue to trade on the OTC Markets’ OTCQB until the close of the market on or about December 10, 2025. Upon effectiveness of the listing on the NYSE American, trading of the common stock on the OTCQB will terminate. Stockholders of Bimergen do not need to take any action prior to the listing of Bimergen’s shares on the NYSE American.

“Bimergen Energy’s uplisting to the NYSE American and completing the concurrent offering are pivotal milestones,” said Bob Brilon, Co-CEO of Bimergen Energy. “This strategic move will significantly boost Bimergen’s visibility within the financial markets, providing a platform to attract a diverse range of investors.”

“By achieving these milestones, Bimergen Energy positions itself for greater financial opportunities, to accelerate project execution and operational expansion in our industry,” stated Cole Johnson, Co-CEO of Bimergen Energy.

“Listing on the NYSE American allows us to showcase our simple business strategy as it relates to the battery energy storage market and our promising future for enhancing shareholder value,” commented Benjamin Tran, Executive Chairman of Bimergen Energy.

This communication does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Bimergen Energy Corporation

Bimergen Energy Corporation (OTCQB: BESS) is a U.S.-based independent power producer specializing in the development, ownership, and operation of standalone battery energy storage systems (BESS). Bimergen develops utility-scale and distributed storage projects designed to provide grid reliability, renewable integration, and flexible energy solutions. Bimergen manages the full project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations. Its portfolio spans multiple power markets across the United States.

Cautionary Note Regarding Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of Bimergen may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, Bimergen’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Bimergen’s filing with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Bimergen, including those set forth in the Risk Factors section of Bimergen’s filings with the SEC. Bimergen undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:
Dave Gentry
RedChip Companies Inc.
1-407-644-4256 | 1-800-REDCHIP (733-2447)
BESS@redchip.com

FAQ

When will Bimergen Energy (BESS) start trading on the NYSE American?

Bimergen expects BESS to begin trading on the NYSE American at the opening on or about December 11, 2025, subject to exchange authorization and continued compliance.

Will Bimergen shares continue trading on the OTCQB after the NYSE American listing?

No. Bimergen expects OTCQB trading to continue until the close on or about December 10, 2025, and to terminate once the NYSE American listing becomes effective.

Do Bimergen stockholders need to take any action before the NYSE American listing of BESS?

No. The company stated that stockholders do not need to take any action prior to the listing.

What is the status of the concurrent offering announced with Bimergen's uplisting (BESS)?

The concurrent offering is being conducted subject to market conditions and regulatory approval; the company will provide additional details in its SEC filings.

What regulatory conditions apply to Bimergen's expected NYSE American listing for BESS?

The listing is subject to authorization of the application and the company's continued compliance with NYSE American exchange rules.

Where will investors find more details about Bimergen's concurrent offering for BESS?

Additional details will be provided through Bimergen's filings with the Securities and Exchange Commission (SEC).