Bimergen Energy Uplist to the NYSE American Stock Exchange with Concurrent Offering to Occur upon SEC Effectiveness

Core Viewpoint - Bimergen Energy Corporation has received approval for its common stock to be listed on the NYSE American, with trading expected to begin under the symbol "BESS" following the effectiveness of its registration statement [1]. Group 1: Company Overview - Bimergen Energy Corporation is a U.S.-based independent power producer focused on the development, ownership, and operation of standalone battery energy storage systems (BESS) [5]. - The company specializes in utility-scale and distributed storage projects aimed at enhancing grid reliability, integrating renewable energy, and providing flexible energy solutions [5]. - Bimergen manages the entire project lifecycle, which includes site selection, permitting, engineering, procurement, construction, and operations across multiple power markets in the United States [5]. Group 2: Listing and Offering Details - In conjunction with the anticipated uplisting, Bimergen is conducting a concurrent offering of its securities, contingent on market conditions, with further details to be disclosed in filings with the Securities and Exchange Commission [2]. - Bimergen's shares will continue to trade on the OTC Markets' OTCQB until the market closes the day before the NYSE American listing becomes effective, and stockholders do not need to take any action prior to this listing [3].