MARKET WIRE NEWS

Bimergen Energy Anticipates Uplist to the NYSE American Stock Exchange with Concurrent Offering on February 11, 2026

MWN-AI** Summary

Bimergen Energy Corporation (OTCQB: BESS) announced that it is set to uplist its shares to the NYSE American stock exchange on February 11, 2026, pending regulatory approval. The company, which specializes in utility-scale battery energy storage systems and is dedicated to enhancing grid reliability and renewable energy integration, anticipates that its common stock will trade under the symbol “BESS” and its warrants under “BESSWS.”

In conjunction with the uplisting, Bimergen is launching a concurrent offering of its securities, subject to market conditions and necessary approvals. The company received SEC effectiveness on its S-1 registration statement on January 29, 2026, with further details regarding the offering expected to be released in subsequent SEC filings. Bimergen's shares will continue trading on the OTCQB until the markets close on February 10, 2026, after which trading on the OTC market will cease.

This uplisting signifies a strategic move for Bimergen as it seeks increased visibility and access to capital markets, which is essential for its mission of developing and operating advanced battery energy storage systems across various power markets in the U.S.

The company emphasizes that this communication does not serve as an offer or solicitation to buy or sell any securities, nor does it constitute a sale of securities in any jurisdiction where such actions would be unlawful before registration or qualification.

Bimergen Energy Corporation, managing the entire lifecycle of energy storage projects—from site selection to operations—positions itself as a significant player in the renewable energy sector. Forward-looking statements in the press release highlight the company's dependence on management's beliefs and various external factors that could influence future outcomes. The company commits to updating stakeholders as necessary in accordance with legal obligations.

MWN-AI** Analysis

Bimergen Energy Corporation’s anticipated uplisting to the NYSE American on February 11, 2026, presents a notable opportunity for investors, especially given the growing demand for renewable energy solutions and advanced battery storage technologies. As a utility-scale battery energy storage systems asset owner and independent power producer, Bimergen is well-positioned to capitalize on this rapidly evolving market.

The shift from OTCQB to a more regulated exchange such as NYSE American often engenders increased visibility, enhanced credibility, and access to a broader investor base. This transition can potentially drive share price appreciation as institutional investors often prefer stocks listed on national exchanges due to liquidity and transparency. Investors should monitor the concurrent offering that Bimergen is pursuing, as it will be vital for capitalizing on future growth and expansion plans. Such capital raises can strengthen Bimergen's balance sheet and facilitate further project development.

The management's proactive stance in compliance with SEC regulations, demonstrated by the recent effectiveness of their S-1 filing, reflects a commitment to transparency, which can bolster investor confidence. Nevertheless, prospective investors should heed the cautionary note regarding forward-looking statements, which highlight that anticipated growth may be subject to various risks. These include regulatory changes and market dynamics that could materially affect performance and business strategy.

As Bimergen trades under the symbols “BESS” and “BESSWS” on their new platform, investors should closely watch market reactions post-uplisting, particularly looking for trends in trading volume and price movement. Aligning investment timelines with Bimergen’s growth trajectory will be crucial, especially in a sector poised for long-term gains, driven by an increasing global shift towards sustainable energy practices. Overall, approaching this uplisting with cautious optimism may yield fruitful opportunities.

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

Source: GlobeNewswire

Newport Beach, CA, Feb. 06, 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 11, 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 10, 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 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 strategic advantages does Bimergen Energy Corp. BESS anticipate from listing on the NYSE American, and how will this impact its growth trajectory in the battery energy storage market?

Bimergen Energy Corp. BESS anticipates enhanced visibility, access to capital, and increased credibility by listing on the NYSE American, which will accelerate its growth trajectory in the competitive battery energy storage market through expanded investor engagement and market opportunities.

How does Bimergen Energy Corp. BESS plan to utilize the proceeds from its concurrent securities offering to enhance its project development and operational capabilities?

Bimergen Energy Corp. BESS plans to utilize the proceeds from its concurrent securities offering to bolster project development and operational capabilities by investing in advanced technologies, expanding its infrastructure, and enhancing workforce training.

What are the key risks Bimergen Energy Corp. BESS identifies that could affect its forward-looking statements regarding growth and performance following the uplisting?

Bimergen Energy Corp. BESS identifies key risks such as market volatility, regulatory changes, competition, technology advancements, supply chain disruptions, and potential economic downturns that could adversely impact its growth and performance projections post-uplisting.

In what ways does Bimergen Energy Corp. BESS plan to leverage its utilities-scale battery energy storage systems to meet increasing demand for renewable energy integration in the U.S.?

Bimergen Energy Corp. BESS aims to leverage its utility-scale battery energy storage systems by enhancing grid reliability, enabling smoother renewable energy integration, providing load balancing, and supporting peak demand management to meet the growing energy needs in the U.S.

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

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