Bimergen Energy Corporation Announces Pricing of Public Offering and NYSE American Listing
Bimergen Energy Corporation Announces Pricing of Public Offering and NYSE American Listing is drawing significant interest across the industry.
Newport Beach, CA, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation ('Bimergen” or the 'Company”) (NYSE American: BESS, BESSWS), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced the pricing of an underwritten public offering of common stock (or pre-funded warrants ('Pre-Funded Warrants”) in lieu thereof) and one accompanying warrant per common stock or Pre-Funded Warrant, at a public offering price of $4.00, for gross proceeds of $13,600,000, before deducting underwriting discounts and offering expenses. Each warrant is exercisable for one share of common stock at an exercise price of $5.00, and will be immediately exercisable upon issuance for a period of five years following the date of issuance. In addition, Bimergen has granted the underwriters a 45-day option to purchase up to an additional 510,000 shares of common stock (or Pre-Funded Warrants) and/or an additional 510,000 warrants to cover over-allotments, if any.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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