Bimergen Energy Anticipates Uplist to the NYSE American Stock Exchange with Concurrent Offering Next Week
Globenewswire·2025-12-11 01:25

Core Viewpoint - Bimergen Energy Corporation has received approval for its common stock to be listed on the NYSE American, with trading expected to commence on or about December 18, 2025 [1] Group 1: Company Overview - Bimergen Energy Corporation is a U.S.-based independent power producer specializing in the development, ownership, and operation of standalone battery energy storage systems (BESS) [5] - The company focuses on utility-scale and distributed storage projects aimed at enhancing grid reliability, renewable integration, and providing flexible energy solutions [5] - Bimergen manages the entire project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations, with a portfolio that spans multiple power markets across the United States [5] Group 2: Stock Listing and Offering - In connection with the uplisting to NYSE American, Bimergen is conducting a concurrent offering of its securities, pending market conditions and regulatory approval [2] - Bimergen's common stock will continue to trade on the OTC Markets' OTCQB until the market closes on or about December 17, 2025, after which trading on the OTCQB will terminate [3] - Stockholders do not need to take any action prior to the listing of Bimergen's shares on the NYSE American [3]