BrenX Ltd. (NASDAQ: BNRG) Undergoes Rebranding and 6-for-1 Reverse Stock Split for Strategic Growth

• BrenX Ltd. (NASDAQ: BNRG), formerly Brenmiller Energy Ltd., is strategically shifting its focus to integrated industrial energy solutions, combining power, heat, and energy optimization.
• The company executed a 6-for-1 reverse stock split on August 13, 2026, reducing outstanding shares from 4,325,329 to approximately 720,888, aiming to increase its stock price.
• This corporate action coincides with a major rebranding to BrenX Ltd. and a planned ticker change to "BRNX" from August 14, 2026, reflecting its new strategic direction.

Brenmiller Energy Ltd., now known as BrenX Ltd., is an energy company expanding its focus. Previously centered on energy storage, it now provides integrated industrial energy solutions. This includes combining power, heat, and energy optimization for its customers, placing it in the growing industrial energy sector.

On August 13, 2026, BrenX Ltd. executed a 6-for-1 reverse stock split. A reverse stock split is a corporate action where a company reduces its total number of outstanding shares. This process consolidates shares, which typically increases the market price of each individual share without affecting the company's overall value.

As a result of this action, the number of outstanding ordinary shares was reduced from 4,325,329 to approximately 720,888. As highlighted by Newsfile Corp., the move was approved by shareholders during a Special General Meeting on July 27, 2026. The stock began trading on a post-split basis on August 13, 2026.

This split coincides with a major rebranding. The company officially changed its name to BrenX Ltd. on August 11, 2026. It also plans to trade under the new ticker symbol "BRNX" starting August 14, 2026. This new identity reflects the company's strategic shift towards becoming an integrated industrial energy platform.

Before the split, BrenX Ltd.'s stock traded at $0.47, near its 52-week low of $0.43. Companies often perform reverse splits to increase their stock price. This helps them meet the minimum price requirements needed to remain listed on major stock exchanges like the Nasdaq Capital Market.