BCHT News & Events

Birchtech issued the following letter to shareholders from Chief Executive Officer Richard MacPherson. "2025 was a defining year for Birchtech. We advanced the commercialization of our water platform, strengthened our recurring clean air revenues, and secured a final federal court judgment that meaningfully reinforces the value of our intellectual property portfolio. As we enter 2026, Birchtech stands on a stronger foundation and is well positioned for continued revenue growth - with proven technologies, expanding commercial traction, and a defined strategy focused on scaling both our Clean Air and Water Treatment solutions toward sustained profitability... Our innovative market approach in water treatment solutions represents the Company's most significant long-term growth opportunity. Birchtech provides a full-service, turnkey model designed to support engineering firms, consultants, and smaller municipal utilities seeking cost-effective compliance solutions... We are currently engaged in multiple municipal and institutional pilot programs, including Rapid Small-Scale Column Testing projects at university systems that could convert into multi-year carbon supply opportunities beginning in 2027. With more than 500 public universities across our initial target regions, we see substantial addressable demand...In 2026, we plan to begin construction of our first GAC rejuvenation facility, supporting our rGAC initiative for smaller utilities. The facility is expected to come online as early as late 2027... We believe 2026 will be a milestone year for Birchtech."

Birchtech announced the pricing of an underwritten public offering of 6,250,000 shares of its common stock at a public offering price of $2.40 per share, before deducting underwriting discounts and commissions and offering expenses, for aggregate gross proceeds of approximately $15M. The Company has also granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the public offering price solely to cover over-allotments, if any. The offering is expected to close on or about February 27, subject to the satisfaction or waiver of customary closing conditions. In connection with the offering, the common stock was approved for listing on the NYSE American and will begin trading on the NYSE American on or about the opening of trading on February 26 under the symbol "BCHT". Upon the commencement of trading on the NYSE American, trading of the Company's common stock on the OTCQB market tier operated by OTC Markets Group Inc. will terminate. The Company's common stock will remain listed on the Toronto Stock Exchange. Lake Street Capital Markets and Huntington Securities are acting as joint book-running managers of the offering.