Brenmiller Energy Ltd. (BNRG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 24017.8% of current shares
Recent Dilution: 127.4% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
540K
Potential Supply
130M
Additional shares possible
Splits
None
Past 2 years

Summary

BNRG currently has 541K outstanding shares. with significant dilution risk as 130M authorized shares could dilute existing holders by 24017.8%. The company has significantly diluted shareholders by 127.4% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

F-3 filing: This F-3 filing relates to the resale of up to 1,448,371 ordinary shares by a selling shareholder, including shares issuable upon conversion of preferred shares and exercise of warrants.

540K 130M
Mar 25, 2026

20-F filing | 0.7M shares outstanding

720K 130M
Jan 09, 2026

F-3 filing: This prospectus relates to the resale of ordinary shares by the selling shareholder.

5M 130M
Oct 01, 2025

F-3 filing: This prospectus relates to the resale, by the selling shareholder identified in this prospectus, of up to 6,643,356 ordinary shares, no par value per share.

3.9M 100M
Aug 04, 2025

F-3 filing: This prospectus relates to the resale, by the selling shareholder identified in this prospectus, of up to 1,894,737 ordinary shares.

3.2M 96M
Jun 13, 2025

POS AM filing: POS AM filing for Brenmiller Energy Ltd. offering up to 888,890 ordinary shares upon the exercise of warrants to purchase 888,890 Ordinary Shares

14M 94M
Apr 28, 2025

F-1 filing: Brenmiller Energy Ltd. is offering up to 3,003,003 ordinary shares together with warrants and pre-funded warrants on a best efforts basis, with the intention to use the net proceeds for general and administrative corporate purposes, including working capital and capital expenditures.

8.8M 94M
Mar 04, 2025

20-F filing | 8.1M shares outstanding

8.1M 82M
Dec 17, 2024

F-3 filing: This F-3 filing relates to the resale of up to 1,000,000 ordinary shares by the selling shareholder.

8.1M 82M
Oct 28, 2024

POS AM filing: Brenmiller Energy Ltd. is offering up to 888,890 ordinary shares upon the exercise of warrants to purchase 888,890 Ordinary Shares. The exercise price of each Warrant is $5.00 per Ordinary Share.

7.1M 81M
Apr 08, 2024

POS AM filing: Brenmiller Energy Ltd. is offering up to 1,537,780 ordinary shares upon the exercise of warrants and pre-funded warrants issued as part of a public offering.

2.5M 81M
Mar 18, 2024

20-F filing | 2.0M shares outstanding

2M 81M
Oct 20, 2023

F-1 filing: This F-1 filing describes an offering of Ordinary Shares, warrants to purchase Ordinary Shares, and Pre-Funded Warrants.

22M 81M
Jun 29, 2023

F-3 filing: Resale of ordinary shares by selling shareholders, including shares held and shares issuable upon exercise of warrants. The company will not receive any proceeds from the sale of the Ordinary Shares by the selling shareholders.

20M 81M
Jun 02, 2023

F-3 filing: Brenmiller Energy Ltd. intends to offer ordinary shares, warrants or units comprising a combination of ordinary shares and warrants up to a total amount of $75,000,000.

12M 77M
May 11, 2023

POS AM filing: This POS AM filing relates to the resale of up to 2,366,702 ordinary shares by selling shareholders.

15M 0
Mar 22, 2023

20-F filing | 15.2M shares outstanding

15M 3.3M
Apr 21, 2022

F-1 filing: Registration for resale of ordinary shares by selling shareholders.

N/A 3.3M
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