Bimergen Energy (BESS) Approved for NYSE American Uplist; Trading and Concurrent Offering Contingent on SEC Effectiveness
Bimergen Energy Corporation (OTCQB: BESS), a developer and owner of utility-scale battery energy storage systems (BESS), announced on December 22, 2025, that its common stock has been approved for listing on the NYSE American LLC stock exchange. The critical next step for the company’s transition is the effectiveness of its registration statement with the Securities and Exchange Commission (SEC), which will trigger the commencement of trading under the symbol “BESS” on the new exchange.
Uplisting Signals Maturation and Enhanced Visibility
The approval marks a significant milestone for Bimergen, which currently trades on the OTCQB market. An uplisting to a major national exchange like the NYSE American typically signals corporate maturation, increased financial stability, and adherence to stricter governance standards. For investors, the move is expected to improve liquidity and visibility, potentially attracting a broader base of institutional investors who often face restrictions on investing in over-the-counter (OTC) securities.
Bimergen, which operates as an independent power provider (IPP) focused on the rapidly expanding BESS sector, confirmed that the transition to the NYSE American is contingent upon two primary factors:
- The effectiveness of its registration statement filed with the SEC.
- Continued satisfaction of all NYSE American rules and requirements.
The company expects its common stock to begin trading on the NYSE American concurrently with the SEC’s authorization.
Strategic Concurrent Offering to Fund BESS Expansion
The announcement also highlighted that the uplisting will occur alongside a concurrent offering. While the terms and size of the offering were not detailed in the announcement, such capital raises are standard practice for companies transitioning to major exchanges, particularly those in capital-intensive sectors like utility-scale energy infrastructure.
As an asset owner and project developer in the BESS space, Bimergen requires substantial capital to finance the development, construction, and acquisition of large-scale battery storage projects. These systems are crucial for grid stability, enabling the integration of intermittent renewable energy sources like solar and wind power.
The successful completion of the concurrent offering, following SEC effectiveness, would provide Bimergen with the necessary financial resources to accelerate its project pipeline and capitalize on the growing demand for energy storage solutions across the U.S. and potentially globally.
The Growing Role of Battery Energy Storage
Bimergen’s focus on utility-scale BESS places it at the center of the global energy transition. Battery storage systems are essential components of modernizing the electric grid, offering services such as frequency regulation, peak shaving, and capacity firming. The company’s business model encompasses:
- Owning and operating BESS assets.
- Developing new BESS projects.
- Functioning as an independent power provider.
The move to the NYSE American is anticipated to enhance Bimergen’s profile among institutional funds and analysts specializing in the renewable energy and infrastructure sectors, potentially leading to a more accurate valuation reflective of its growth prospects in the utility-scale storage market.
Market participants will now closely monitor the SEC’s review process for Bimergen’s registration statement, as its effectiveness is the final regulatory hurdle before the company can complete its uplisting and concurrent capital raise.
