Plans To Avoid ATM Sales Below $3/Share; Focuses On Funding HaaS Projects Through Third-Party Finance With Potential $500M Pipeline
"We are currently working hard to increase the Company's commercial opportunity pipeline with emphasis on HaaS projects, to convert these opportunities into commercial projects, and to improve our financial position by establishing effective financing solutions through equity and debt while continuing our commitment to operational excellence. I want to clearly point out that most of the HaaS projects in our pipeline, including our latest contract with Partner in Pet Food in Europe, will be funded through third-party project financing and will not require extraordinary project-level investment from Brenmiller," stated Brenmiller Chairman and Chief Executive Officer Avi Brenmiller.
