Birchtech prices $15-million public offering

Executive Summary

• Birchtech Corp. priced an underwritten public offering of 6.25 million common shares at $2.40 per share, raising approximately $15.0 million in gross proceeds.
• Proceeds will fund operating expenses, working capital, and general corporate purposes, with a 30-day overallotment option for up to 937,500 additional shares.
• The company is uplisting its common stock to the NYSE American (trading begins ~Feb. 26, 2026, symbol BCHT), terminating OTCQB trading, while maintaining its Toronto Stock Exchange listing.

Key Details

• Offering Structure: Underwritten public offering of common stock.
• Share Quantity: 6.25 million shares.
• Public Offering Price: $2.40 per share.
• Gross Proceeds: Approximately $15.0 million.
• Use of Proceeds: Continuing operating expenses, working capital, and other general corporate purposes.
• Overallotment Option: 30-day option for underwriters to purchase up to 937,500 additional shares at $2.40 per share.
• Expected Closing Date: On or about February 27, 2026, subject to customary closing conditions.
• NYSE American Listing: Approved for listing; trading expected to commence on or about February 26, 2026, under the ticker symbol BCHT.
• OTCQB Trading: Will terminate upon commencement of NYSE American trading.
• Toronto Stock Exchange: Common stock will remain listed on the TSX.
• Joint Book-Running Managers: Lake Street Capital Markets LLC and Huntington Securities Inc.
• SEC Filing: Registration statement on Form S-1 (File No. 333-292701) became effective on February 17, 2026.
• Prospectus Distribution: Preliminary and final prospectuses available via SEC website or by contacting Lake Street Capital Markets.