Brenmiller Energy Ltd SEC Filings

Brenmiller Energy Ltd. disclosed an amendment to a securities purchase agreement with Alpha Capital Anstalt that affects an initial financing closing and the broader financing framework. Under the SPA the company may issue up to $25 million of securities across multiple tranches including preferred shares, pre-funded warrants and ordinary warrants. On July 28, 2025 an initial PFW Closing took place for a subscription amount of $1.2 million, when Brenmiller issued pre-funded warrants to purchase 631,579 ordinary shares at an exercise price of $0.00001 per share and ordinary warrants to purchase 631,579 ordinary shares at an exercise price of $2.09 per share.

On August 11, 2025 the parties amended the SPA to increase the aggregate subscription amount related to the Pre-Funded Warrants and Ordinary Warrants in connection with the PFW Closing to $1,395,790. The securities were offered under an exemption from registration (Section 4(a)(2) and Rule 506(b) of Regulation D) and remain unregistered and subject to transfer restrictions. The Amendment is filed as Exhibit 10.1 and the report references the company’s Form 20-F risk factors.

Alpha Capital Anstalt filed Amendment No. 3 to its Schedule 13D on Brenmiller Energy Ltd. (BNRG).

• The Liechtenstein‐based investor now beneficially owns 800,522 ordinary shares, equal to 24.99 % of BNRG’s outstanding shares (3,203,371 post-reverse-split shares as of 24 Jul 2025).
• On 25 Jul 2025 it invested $1.2 million via a Securities Purchase Agreement, receiving 631,579 pre-funded warrants (exercise price $0.00001) and 631,579 common warrants (exercise price $2.09). Both series carry a 9.99 % ownership cap.
• The reporting person holds sole voting and dispositive power over the shares and may buy or sell additional securities based on market and company conditions.
• Alpha Capital states it is “satisfied with the Company’s current trajectory” and anticipates possible follow-on investments over the next two years, subject to conditions.
• No other plans under Items 4(a)-(j) of Schedule 13D are disclosed, and no exhibits accompany this amendment.

The filing signals ongoing support from a large strategic holder while highlighting potential future dilution from warrant exercises.

Brenmiller Energy (BNRG) signed a Securities Purchase Agreement with Alpha Capital Anstalt that could deliver up to $50 million in fresh capital.

• Initial closing — 28 Jul 2025: Alpha invested $1.2 million for 631,579 pre-funded warrants (exercise $0.00001) plus 631,579 five-year ordinary warrants (exercise $2.09).
• Equity Closing (pending shareholder vote): $3.8 million of $1,000-par preferred shares, convertible at $2.288, and equal ordinary warrants (exercise $2.40, five-year).
• Upsize options: Alpha may purchase up to $20 million of additional preferred shares and arrange up to $15 million more through warrant exercises or other financings over two years.
• Total potential financing, assuming all warrants exercised, reaches $50 million.
• Use of proceeds: working capital and execution of thermal energy storage projects in Europe, the U.S. and the Middle East.
• Shareholder approval is required because issuances could exceed 24.99 % of outstanding ordinary shares.

Two Registration Rights Agreements oblige BNRG to file and maintain resale registration statements. Securities are issued under Section 4(a)(2) and Rule 506(b) exemptions.

Brenmiller Energy Ltd. (NASDAQ: BNRG) received a Schedule 13G disclosing that Israeli entrepreneur Itzhak Sela and his wholly-owned holding company A.Y.L Sela (1991) Ltd. collectively hold a meaningful minority position in the company’s ordinary shares.

Ownership details

• A.Y.L Sela (1991) Ltd. beneficially owns 460,489 ordinary shares, equal to 4.1 % of the 11,114,312 shares outstanding.
• Itzhak Sela personally holds 502,572 shares and shares voting/dispositive power over the 460,489 shares held by the company, giving him aggregate beneficial ownership of 962,961 shares (8.7 % of the class).

The filing is made under Rule 13d-1(c) and includes a certification that the securities were not acquired with the purpose or effect of changing or influencing control of the issuer.

Implications for investors

• The sub-10 % stake does not trigger a Schedule 13D activism filing, signalling a passive investment stance.
• An 8.7 % insider position can be viewed as alignment of management and shareholder interests and may reduce free float.
• No transaction prices or additional financing details are provided; the document is strictly an ownership disclosure.

Brenmiller Energy Ltd. (BNRG) filed a Form 6-K dated 20 June 2025 announcing the appointment of Mr. Boaz Toshav as an independent director, effective 19 June 2025. The move fills the vacancy created when Ms. Nava Swersky Sofer’s term expired on 16 June 2025.

Toshav, who previously sat on the board from June 2023 to August 2024, brings 20 years of investment-banking, fixed-income and M&A advisory experience. He is President & Chairman of Rio Ave FC, CEO of Umbrella Advisors Ltd., and has held board roles at Intelicanna Ltd. and Getruck Ltd. He holds BA and MPhil degrees from Tel Aviv University and became a U.K. FSA-certified investment adviser in 2005.

Effective with his return, Toshav will join the Board’s audit committee; Mr. Zvi Joseph transitions to the compensation committee. The company states that Toshav has no related-party transactions under Item 404(a) of Regulation S-K and that no arrangements or understandings underlie his appointment.

The 6-K is incorporated by reference into Brenmiller’s effective registration statements on Forms F-3 (File Nos. 333-283874, 333-273028, 333-272377) and S-8 (File Nos. 333-284377, 333-278602, 333-272266).