Bitech acquires Emergen Energy in stock deal; gains 1.965 GW BESS and 3.84 GW solar pipeline

Bimergen Energy Corp

Issued 222,222,000 shares to C&C (controlled by Cole Johnson) for 100% of Emergen; C&C owns ~31.3% post-close.
Emergen holds rights to 1.965 GW BESS and 3.840 GW solar projects assigned April 23, 2024 at no cost.
Cole Johnson named President of BESS/Solar Divisions and director; received options for 68M shares at $0.50-$1.50.
PMSA obligates Energy Independent Partners (Johnson entity) to project management; initial fees $9.825M BESS + $19.2M solar due after $5M financing.
Company will take steps to uplist to NASDAQ; CEO Benjamin Tran received options for 20M shares.

item 9.01 item 1.01 item 2.01 item 3.02 item 5.02 item 7.01

Executive movements

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Appointed

Cole Johnson

Director

BESS · Bimergen Energy Corp

Effective: 2024-04-24
Filed: June 12, 2024, 7:59 PM ET

Cole Johnson was appointed as a director of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cole Johnson was appointed as Director at Bimergen Energy Corp.

Action: appointed
Role: Director

Exact text from the filing

Cole Johnson was appointed as a director of the Company

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Bimergen Energy Corp filing history →

Source: SEC EDGAR

accession 0001493152-24-023593

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