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Bimergen contributes 3 BESS projects to Cerberus JV; receives 7.5% equity + $1.18M cash
Emergen Energy (Bimergen sub) contributed 100% equity of three BESS project companies to FPU-BEC Development Topco (Cerberus affiliate).
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Bimergen promotes Brilon and Johnson to Co-CEOs; base salary $425,000 each
Robert J. Brilon and Cole W. Johnson appointed Co-Chief Executive Officers effective April 1, 2026.
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Bimergen closes $13.6M public offering of 3.1M shares, warrants for BESS project funding
Gross proceeds of $13.6 million from 3,100,000 shares, 300,000 pre-funded warrants, and 3,600,000 warrants at $4.00 per unit.
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Bimergen Energy CEO Benjamin Tran resigns, becomes Executive Chairman; Co-CEOs appointed
Benjamin Tran resigned as CEO effective October 21, 2025, and will serve as Executive Chairman.
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Bimergen cancels 1.29M shares (25.1% of outstanding) after California court ruling
Cancelled 1,287,694 shares of common stock on June 26, 2025.
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Bimergen Energy dismisses Fortune CPAs, appoints RJI CPAs as auditor
On April 11, 2025, audit committee dismissed Fortune CPAs as independent accountant, effective immediately.
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Bimergen Energy dismisses auditor FHH, appoints Fortune CPAs
Dismissed Farber Hass Hurley LLP as independent auditor effective Feb 26, 2025.
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Bitech Technologies (BTTC) effects 1-for-140 reverse stock split and changes name to Bimergen Energy Corporation
Reverse stock split at 1:140 reduces outstanding shares from ~714M to ~5.1M; fractional shares rounded up.
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Bitech Technologies appoints Montgomery Bannerman as director effective Nov 1, 2024
Montgomery Bannerman appointed to board and to Audit, Compensation, and Governance Committees.
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Director Greg Trimarche resigns from Bitech Technologies board
Resignation effective October 22, 2024; not due to any disagreement with the company.
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Bitech expands board and enters IR consulting agreement with MZHCI
Board increased from 4 to 6; Van H. Potter and James L. Stock appointed as independent directors effective Oct 15, 2024.
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Bitech Technologies amends bylaws: reduces shareholder quorum to 33.3%, adds forum selection for derivative suits
Quorum for shareholder meetings reduced from majority to 33 1/3% of outstanding shares, effective immediately.
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Bitech Technologies dismisses Fortune CPA, appoints Farber Hass Hurley as new auditor
Effective July 8, 2024, dismissed Fortune CPA, Inc. as independent auditor.
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Bitech acquires Emergen Energy in stock deal; gains 1.965 GW BESS and 3.84 GW solar pipeline
Issued 222,222,000 shares to C&C (controlled by Cole Johnson) for 100% of Emergen; C&C owns ~31.3% post-close.
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Bitech subsidiary signs $19.4M agreement to sell 2.425 GW solar projects
Emergen enters Project Sale Agreement with Bridgelink; total consideration up to $19.4M.
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Bitech Technologies closes acquisition of Emergen Energy; issues 222M shares for 1.965 GW BESS + 3.84 GW solar pipeline
Completed acquisition of Emergen Energy for 222,222,000 shares, ~31.3% ownership, valued at $22.2M based on $0.10/share.
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Bitech signs definitive agreement to acquire 5.8 GW renewable project portfolio via Bridgelink merger
Bitech to issue 222.2M shares (~31.3% stake) for 100% interest in Emergen, owning 1.965 GW BESS and 3.84 GW solar pipeline.