Bimergen Energy Corporation has priced an underwritten public offering of common stock and accompanying warrants at $4.00 per share, generating $13.6 million in gross proceeds before underwriting expenses. The offering is expected to close on February 23, 2026, with the company's shares commencing trading on NYSE American on February 20, 2026.
The energy company intends to allocate the capital raised toward the advancement of battery energy storage system (BESS) projects and general working capital requirements. This public listing marks a significant milestone for the corporation as it transitions to a publicly traded entity on a national securities exchange.
The offering underscores growing investor activity in the energy storage sector, which continues to expand as utilities and grid operators seek solutions to support renewable energy integration and grid stability.