MARKET WIRE NEWS

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

MWN-AI** Summary

Bimergen Energy Corporation (OTCQB: BESS), a prominent player in the utility-scale battery energy storage systems sector, has announced plans to uplist to the NYSE American Stock Exchange. Trading under the symbols “BESS” for common stock and “BESSWS” for warrants is expected to commence on or about February 20, 2026, pending approval of their application and compliance with exchange regulations. This strategic move aims to enhance access to capital and visibility within the investment community.

Concurrent with this uplist, Bimergen is initiating an offering of its securities, contingent on market conditions and regulatory clearance. The company received effectiveness notice on its S-1 registration from the Securities and Exchange Commission (SEC) on January 29, 2026, with further details to be disclosed in subsequent SEC filings.

Currently, Bimergen’s shares are traded on the OTCQB and will continue to do so until February 19, 2026. Stockholders will not need to take any action for this transition. Bimergen specializes in the development and management of standalone battery energy storage systems, catering to utility-scale and distributed storage projects. Their operations extend across various power markets in the United States, focusing on grid reliability and integration of renewable energy sources.

The announcement also incorporates a cautionary note regarding forward-looking statements pertaining to business operations and potential outcomes. These statements, while based on management's beliefs and current data, are subject to various risks that could lead to actual results deviating significantly from expected outcomes. As such, Bimergen does not commit to updating any forward-looking information beyond legal requirements.

For further inquiries, Dave Gentry of RedChip Companies is available for contact.

MWN-AI** Analysis

Bimergen Energy Corporation (OTCQB: BESS) is strategizing a significant transition by uplisting its shares to the NYSE American under the ticker symbols “BESS” for its common stock and “BESSWS” for its warrants. This move, expected to take effect around February 20, 2026, is a pivotal moment for investors looking to capitalize on the burgeoning demand for renewable energy solutions, particularly in battery energy storage systems (BESS).

The uplisting signifies enhanced visibility, credibility, and access to a broader investor base. Companies transitioning to higher-tier exchanges often benefit from increased liquidity and improved investor sentiment. Moreover, Bimergen's concurrent offering of its securities can serve as a catalyst for growth, providing the necessary capital to expand its utility-scale and distributed storage projects across the U.S. market.

Investors should consider the immense opportunity presented in the clean energy sector, as government policies increasingly favor renewable integration and grid reliability. Bimergen’s expertise in managing full project lifecycles positions it to capitalize on these trends. Additionally, while the company has received an effectiveness notice for its S-1 from the SEC, investors should remain cognizant of the inherent risks associated with forward-looking statements, as actual results may vary due to various market factors.

Given these developments, current shareholders don’t need to take immediate action regarding the uplisting. However, potential investors should monitor market conditions and analyze the offering details that will emerge from Bimergen's SEC filings. Analyzing investor sentiment during this transition phase will also be crucial for making informed investment decisions. In summary, Bimergen Energy presents a compelling opportunity for growth in the renewable energy sector, but investors should conduct thorough due diligence before participating in the stock's debut on the NYSE American.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Newport Beach, CA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (OTCQB: BESS) (“Bimergen”), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced that its shares of common stock and warrants are expected to be approved for listing on the NYSE American LLC ("NYSE American") stock exchange. Bimergen expects that its common stock and warrants will begin trading on the NYSE American under the symbol “BESS” and “BESSWS”, respectively at the opening of trading on or about February 20, 2026, subject to authorization of the application and continued compliance with the exchange rules.

In connection with the anticipated uplisting, Bimergen is also conducting a concurrent offering of its securities, subject to market conditions and regulatory approval. Bimergen received notice of effectiveness on its S-1 from the Securities and Exchange Commission (“SEC”) on January 29, 2026, and additional details regarding the offering will be provided through the Company’s filings with the SEC.

Bimergen expects that its shares of common stock will continue to trade on the OTC Markets’ OTCQB until the close of the market on or about February 19, 2026. Upon effectiveness of the listing on the NYSE American, trading of the common stock on the OTCQB will terminate. Stockholders of Bimergen do not need to take any action prior to the listing of Bimergen’s shares on the NYSE American.

This communication does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Bimergen Energy Corporation

Bimergen Energy Corporation (OTCQB: BESS) is a U.S.-based independent power producer specializing in the development, ownership, and operation of standalone battery energy storage systems (BESS). Bimergen develops utility-scale and distributed storage projects (battery farms) designed to provide grid reliability, renewable integration, and flexible energy solutions. Bimergen manages the full project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations. Its portfolio spans multiple power markets across the United States.

Cautionary Note Regarding Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of Bimergen may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, Bimergen’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Bimergen’s filing with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Bimergen, including those set forth in the Risk Factors section of Bimergen’s filings with the SEC. Bimergen undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:
Dave Gentry
RedChip Companies Inc.
1-407-644-4256 | 1-800-REDCHIP (733-2447)
BESS@redchip.com


FAQ**

What are the expected implications for Bimergen Energy Corp. BESS's market presence with the upcoming uplisting on NYSE American, and how could this affect investor sentiment?

The upcoming uplisting of Bimergen Energy Corp. BESS on NYSE American is likely to enhance its market presence and credibility, potentially boosting investor sentiment and attracting new investment due to increased visibility and perceived stability.

How will the concurrent offering of securities impact Bimergen Energy Corp. BESS's capital structure and financial flexibility in the near term?

The concurrent offering of securities by Bimergen Energy Corp. (BESS) is likely to enhance its capital structure by increasing equity financing, thereby improving financial flexibility in the near term to support growth initiatives and strategic investments.

What specific growth opportunities does Bimergen Energy Corp. BESS foresee in the utility-scale battery energy storage market following its listing on NYSE American?

Bimergen Energy Corp. BESS anticipates growth opportunities in the utility-scale battery energy storage market through increased demand for renewable energy integration, enhancements in energy storage technology, and strategic partnerships following its listing on NYSE American.

How does Bimergen Energy Corp. BESS plan to navigate potential market volatility and regulatory challenges post-uplisting, based on their past performance and risk management strategies?

Bimergen Energy Corp. BESS plans to navigate market volatility and regulatory challenges post-uplisting by leveraging their historical risk management strategies, such as diversifying investments, strengthening stakeholder relationships, and proactively adapting to regulatory changes.

**MWN-AI FAQ is based on asking OpenAI questions about Bitech Technologies Corporation (OTC: BTTC).

Bitech Technologies Corporation

NASDAQ: BTTC

BTTC Trading

0.0% G/L:

$0.068 Last:

99,505 Volume:

$0.067 Open:

mwn-app Ad 300

BTTC Latest News

BTTC Stock Data

$2,341,212
930,898
N/A
11
N/A
Biotechnology & Life Sciences
Healthcare
KY
New York

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App