Bimergen Energy Uplist to the NYSE American Stock Exchange with Concurrent Offering to Occur upon SEC Effectiveness
Rhea-AI Summary
Bimergen Energy (OTCQB:BESS) announced approval to list its common stock on the NYSE American under the symbol BESS, subject to the effectiveness of its SEC registration statement and NYSE American authorization and rules. The company expects trading on NYSE American to begin upon effectiveness and expects shares to remain on the OTCQB until the market close the day before effectiveness.
In connection with the anticipated uplisting, Bimergen said it is conducting a concurrent offering of securities subject to market conditions; additional offering details will be provided in forthcoming SEC filings. Shareholders are not required to take any action prior to the listing.
Positive
- Approved for listing on NYSE American under symbol BESS
- Company announced a concurrent offering to occur upon SEC effectiveness
Negative
- Listing and offering are conditional on SEC registration effectiveness and NYSE continued authorization
- Offering details are not yet disclosed and are subject to market conditions
News Market Reaction 1 Alert
On the day this news was published, BESS declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Newport Beach, CA, Dec. 22, 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” upon effectiveness of its registration statement and authorization of the application and continued satisfaction of NYSE American rules.
In connection with the anticipated uplisting, Bimergen is also conducting a concurrent offering of its securities, subject to market conditions. Additional details regarding the offering will be provided through the Company’s filings with the Securities and Exchange Commission.
Bimergen expects that its shares of common stock will continue to trade on the OTC Markets’ OTCQB until the close of the market the day before effectiveness of the listing on the NYSE American. Stockholders of Bimergen do not need to take any action prior to the listing of Bimergen’s shares on the NYSE American.
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