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

Core Viewpoint - Bimergen Energy Corporation is set to uplist its shares and warrants to the NYSE American, with trading expected to begin on February 20, 2026, under the symbols "BESS" and "BESSWS" respectively, pending regulatory approval [1][2]. 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, 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]. Upcoming Changes - The company's common stock will continue trading on the OTC Markets' OTCQB until February 19, 2026, after which it will terminate upon the effectiveness of the NYSE American listing [3]. - Stockholders do not need to take any action prior to the listing of Bimergen's shares on the NYSE American [3]. Securities Offering - In conjunction with the uplisting, Bimergen is conducting a concurrent offering of its securities, subject to market conditions and regulatory approval [2]. - The company received notice of effectiveness on its S-1 from the SEC on January 29, 2026, with further details to be provided through SEC filings [2].