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Bimergen Energy Corp

corporate_fare Company Profile

Bimergen Energy Corp

BESS·OTC·Energy & Transportation·CIK 0001066764

Bimergen Energy Corporation is a renewable energy project developer focused on the clean energy transition and grid stability. The company develops utility-scale Battery Energy Storage System (BESS) and solar projects. On April 29, 2022, the company changed its name to Bitech Technologies Corporation following the acquisition of Bitech Mining Corporation. On January 28, 2025, the company filed an amendment to its Certificate of Incorporation to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 140 pre-split shares and to change its name to Bimergen Energy Corporation. The reverse split and name change took effect on the OTC Markets on February 7, 2025, and the company's symbol changed to "BESS" on March 3, 2025. In April 2024, the company acquired a portfolio of development-stage BESS and solar energy projects from Emergen Energy LLC. This acquisition made the company the project owner of 23 development stage utility-scale BESS projects with an estimated cumulative storage capacity of 1.965 gigawatts (GW) and 13 development stage solar energy projects with an anticipated cumulative generation capacity of 1.640 GW. Bimergen Energy Corporation is a development-stage company with the objective of developing, commercializing, and operating a diversified portfolio of BESS and solar energy projects across the United States. As of December 31, 2025, the company had not commenced commercial operations and had not generated revenue. The company is in the mid-stage of its development lifecycle, advancing approximately a 2 GW pipeline of BESS projects. RelyEZ, one of its battery suppliers, has committed up to $50 million, including an initial $10 million funding to a joint venture, to support this growth.

Bimergen Energy Corp (OTC:BESS) is a publicly traded company in the Energy & Transportation sector. Wiseek has independently scored 10 items for BESS at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-05-28, rated 9/10. Across its 10 most recent items scored 7 or higher, the top rating is 9/10, with 10 rated 8 or above. Recent SEC coverage for BESS spans 8-K, 10-Q, 424B3, 10-K.

Recent high-impact activity:

  • Bimergen Forms Strategic JV with Cerberus Affiliate, Secures $1.17M Reimbursement and up to $5.69M in Development Fees
  • Bimergen Energy Discloses Material Weaknesses in Internal Controls Amid Widened Losses and Post-Offering Liquidity Boost
  • Bimergen Energy Elevates Two Executives to Co-CEOs with Substantial Salary Hikes and Generous Severance
  • Selling Stockholders Register to Resell 3.4 Million Shares and 3.4 Million Warrants, Creating Significant Market Overhang
  • Highly Dilutive Public Offering Raises $13.6M, Alleviating Going Concern Amidst Internal Control Weaknesses

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$4.97M
Diluted EPS
-$1.11
Op. Cash Flow
$878.44K
Operating Income
-$4.93M
Cash & Equivalents
$401.2K
Total Debt
$825.7K
Debt / Equity
0.04×
Shares Outstanding
3.93M sh
Source: 10-K · filed 2026-03-31 · accession 0001493152-26-014356

Short Interest & Short Volume

4.44 days to cover

FINRA reported short interest of 165,285 shares in BESS as of the September 15, 2026 settlement, a 9.7% decrease from the prior period — about 4.4 days to cover at its recent average daily volume. On October 2, 2026, 22.2% of BESS volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)165,285 shares as of September 15, 2026
Change vs prior period▼ 9.7%
Days to cover4.44 at avg daily volume of 37,253
Daily short volume (FINRA facilities)22.2% of 28,319 shares on October 2, 2026
5-day average short volume29.8%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for BESS, detected from its recent SEC filings · based on capital-structure filings through 2026-09-25.

1 shelf registration

$100M Universal Shelf Registered · No Immediate Dilution

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$5.62
Market cap
$22.09M
Volume
52.6K (14.9× avg)
3-mo avg 3.5K
Last traded · 2026-02-20

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feed BESS - Latest Insights

BESS
May 28, 2026, 9:28 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
May 15, 2026, 4:16 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
May 06, 2026, 5:07 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Apr 02, 2026, 6:04 PM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Mar 31, 2026, 5:24 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Feb 25, 2026, 4:30 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Feb 20, 2026, 4:58 PM EST
Filing Type: 424B4
Importance Score:
9
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Feb 20, 2026, 6:09 AM EST
Filing Type: S-1MEF
Importance Score:
8
Price at Filing: $5.62
Real-time Price: $5.62 info
Change: $0 (0%) info
Market Cap: $22.092M info
BESS
Jan 20, 2026, 6:17 AM EST
Filing Type: S-1/A
Importance Score:
9
Price at Filing: $10.14
Real-time Price: $5.62 info
Change: -$4.52 (-45%) info
Market Cap: $22.092M info
BESS
Jan 02, 2026, 4:21 PM EST
Filing Type: S-1/A
Importance Score:
8
Price at Filing: $10.50
Real-time Price: $5.62 info
Change: -$4.88 (-46%) info
Market Cap: $22.092M info
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