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Brenx prices USD 1 million unregistered preferred share sale to Alpha Capital at USD 2.62 conversion price

PUBT·09/17/2026 20:07:01
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Brenx prices USD 1 million unregistered preferred share sale to Alpha Capital at USD 2.62 conversion price
  • Brenx priced a USD 1 million unregistered private placement with Alpha Capital Anstalt, expected to close around Sept. 17, 2026.
  • Issuance includes 1,000 preferred shares, $1,000 stated value, convertible at a fixed $2.62 per share.
  • Placement also includes ordinary warrants for 382,263 shares, exercisable on issuance, $87.36 exercise price, five-year term.
  • Proceeds earmarked for general corporate purposes, working capital, commercial TES project execution across Europe, the U.S., the Middle East.
  • Anti-dilution reset prior preferred conversion price to $2.62; post-close share count 1,946,972 ordinary shares, 3,476 preferred shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brenx Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-100954), on September 17, 2026, and is solely responsible for the information contained therein.