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BRENX LTD.
BrenX Ltd. will hold a Special General Meeting of shareholders on November 6, 2026, to seek approval for a reverse share split to comply with the Nasdaq minimum bid price requirement of $1.00. If approved, the Board of Directors will have the authority to determine whether to implement the reverse split at a ratio between 3:1 and 6:1, as well as the effective date.…more
BRENX LTD.
BrenX Ltd. has filed a prospectus supplement to raise up to $2,886,058 in ordinary shares through an 'at the market' (ATM) offering under its existing sales agreement with A.G.P./Alliance Global Partners. This offering is intended to secure additional working capital for the company.…more
BRENX LTD.
BrenX Ltd. plans to offer and sell up to $2,886,058 of its ordinary shares through an 'at-the-market' offering program with A.G.P. The net proceeds will be used for general corporate purposes, working capital, research and development, and project execution. The final number of shares issued will depend on the prevailing market price at the time of sale.…more
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BrenX Shares Plunge 30% After Announcing $2.89M At-The-Market Offering
BrenX shares fell 30% in after-hours trading following the announcement of a $2.89 million at-the-market stock offering. The potential for significant share dilution and concerns regarding Nasdaq delisting compliance have negatively impacted the stock.…more
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BrenX has filed a prospectus for the offering of up to approximately $2.89 million in ordinary shares. This capital raising activity may lead to potential dilution for existing shareholders.…more
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BrenX has moved to the next construction phase of its 12 MWh bGen thermal energy storage system at the Wolfson Medical Center in Israel. The project is expected to reduce the hospital's carbon emissions and generate annual energy cost savings of approximately $1.5 million.…more
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