Birchtech Announces Pricing of $15 Million Public Offering and Uplisting to NYSE American Stock Exchange

Core Viewpoint - Birchtech Corp. has announced a public offering of 6,250,000 shares at a price of $2.40 per share, aiming to raise approximately $15.0 million in gross proceeds [1][2]. Group 1: Offering Details - The net proceeds from the offering will be used for operating expenses, working capital, and general corporate purposes [2]. - The underwriters have a 30-day option to purchase an additional 937,500 shares to cover over-allotments [2]. - The offering is expected to close on or about February 27, 2026, subject to customary closing conditions [2]. Group 2: Stock Listing and Trading - The common stock has been approved for listing on the NYSE American and will begin trading under the symbol "BCHT" on February 26, 2026 [3]. - Trading on the OTCQB market will terminate upon the commencement of trading on the NYSE American [3]. - The common stock will continue to be listed on the Toronto Stock Exchange [3]. Group 3: Company Overview - Birchtech Corp. specializes in activated carbon technologies for air and water purification, focusing on sustainable solutions [7]. - The company offers patented SEA® sorbent technologies for mercury emissions capture and is developing technologies for water purification targeting forever chemicals like PFAS and PFOS [7]. - Birchtech is backed by a strong intellectual property portfolio and a team of experts in activated carbon [7].