Bimergen Energy Announces Uplist to the NYSE American Stock Exchange with Concurrent Offering

Core Viewpoint - Bimergen Energy Corporation has received approval for its shares to be listed on the NYSE American, with trading expected to begin on or about December 11, 2025, under the symbol "BESS" [1][3] Group 1: Company Developments - Bimergen is conducting a concurrent offering of its securities in connection with the uplisting, subject to market conditions and regulatory approval [2] - The company will continue trading on the OTC Markets' OTCQB until December 10, 2025, after which trading on the OTCQB will terminate [3] - The uplisting and concurrent offering are seen as pivotal milestones that will enhance Bimergen's visibility in financial markets and attract a diverse range of investors [4] Group 2: Strategic Implications - The uplisting is expected to provide greater financial opportunities for Bimergen, facilitating project execution and operational expansion in the battery energy storage industry [4] - The listing on the NYSE American will allow Bimergen to showcase its business strategy related to the battery energy storage market and enhance shareholder value [5] Group 3: Company Overview - Bimergen Energy Corporation specializes in the development, ownership, and operation of standalone battery energy storage systems, focusing on utility-scale and distributed storage projects [7] - The company manages the full project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations, with a portfolio spanning multiple power markets across the United States [7]