Bimergen Energy Corp

Bimergen Energy Corp announced a change in its independent registered public accounting firm. The company's Audit Committee terminated Ramirez Jimenez International CPAs (RJI) on June 30, 2026. Concurrently, Weinberg & Company, P.A. was engaged as the new auditor. The company stated there were no disagreements with RJI on accounting matters or auditing procedures during the relevant periods, and no prior consultations with Weinberg & Company on such issues.

Bimergen Energy Corporation announced that Co-CEO Bob Brilon will participate in The Small Cap Showcase & WTR Insights on June 9, 2026, in New York City. Mr. Brilon is scheduled to deliver a corporate presentation and hold one-on-one meetings with pre-qualified investors. The company aims to increase awareness following its recent uplist to the NYSE American and to highlight its strategy of funding revenue growth through project-specific financing and monetizing existing development projects.

Bimergen Energy Corp's wholly-owned subsidiary, Emergen Energy LLC, entered into a Contribution Agreement and Joint Development Agreement with FPU-BEC Development Topco, LLC, a joint venture company affiliated with Cerberus Capital Management. Emergen contributed 100% of its equity interests in three battery energy storage system (BESS) project companies to the JV. In exchange, Emergen received 7.5% of the total outstanding equity interests in the JV and a reimbursement payment of $1,176,159.00. The Joint Development Agreement establishes a framework for collaboration on the existing BESS portfolio and the identification and development of additional utility-scale BESS projects, with potential development fees and milestone payments to Emergen totaling up to approximately $5.69 million.

Frontier Power USA (FPUSA) announced the acquisition of a 480 MWh portfolio of battery energy storage system (BESS) development projects from Bimergen Energy Corporation. This transaction, comprising three ERCOT-based projects, represents FPUSA's first acquisition under its exclusive project pipeline and the initial deployment of its 2 GWh capacity reservation agreement with Eos Energy Enterprises. FPUSA will fund 100% of the equity for construction and pay Bimergen a development fee, with Bimergen retaining a 7.5% economic interest in the projects.

Bimergen Energy Corp. reported a net loss of $3.75 million for the first quarter of 2026, a significant increase from $0.86 million in Q1 2025. Despite the increased loss, the company successfully closed a public offering in February 2026, raising approximately $13.6 million in gross proceeds. This offering, which included common stock, pre-funded warrants, and accompanying warrants, substantially boosted the company's cash and cash equivalents to $8.91 million by March 31, 2026, up from $0.40 million at year-end 2025. The company also repaid $0.83 million in short-term loans to related parties.

Bimergen Energy Corporation announced its participation in the LD Micro 16th Annual Invitational from May 17-19, 2026. Co-CEO Bob Brilon will present the company's $2 billion growth strategy, aiming for approximately 2.0 GW of battery energy storage capacity across key U.S. power markets. The company will also discuss its energy arbitrage revenue model and its strategy for project-level debt financing without equity dilution.

Bimergen Energy Corp. announced amendments to the employment agreements for Robert J. Brilon and Cole W. Johnson, effective April 1, 2026. Both executives have been appointed Co-Chief Executive Officers, with Mr. Brilon also serving as Chief Financial Officer and Mr. Johnson as President. Their annual base salaries have been increased to $425,000 each, with potential for performance bonuses.

Bimergen Energy Corporation (BESS) announced its participation in the Market Movers Investor Summit on May 5, 2026. Co-CEO & CFO Bob Brilon will deliver a corporate presentation, outlining the company's $2 billion growth strategy and its development pipeline of approximately 2.0 GW of battery energy storage projects across major U.S. power markets. The presentation will also cover Bimergen's project-specific entity financial structure designed to avoid public company dilution, its energy arbitrage revenue model, and the use of long-term offtake agreements for stable cashflows, along with an update on projects nearing operation in Texas.