DETROIT, MICHIGAN — March 3, 2026 — Leads & Copy —Birchtech Corp. (AMEX: BCHT), a cleantech company focused on sustainable air and water treatment, has begun trading on the NYSE American exchange after uplisting from the over-the-counter market.
The move follows the completion of a 1-for-5 reverse stock split and the announcement of a public offering of about 6.25 million shares of common stock at an assumed price of $2.40 per share, valuing shares at a total of about $15 million based on the last reported sale price on January 9, 2026.
According to an announcement in late December, the reverse stock split was intended to improve the stock price and support its planned uplisting. Richard MacPherson, President & CEO of Birchtech Corp., stated that the reverse stock split is expected to elevate the company’s capital market profile, enabling access to the largest pool of institutional capital, broadening the company’s reach and enhancing liquidity.
The company is now trading on the NYSE American exchange under the symbol “BCHT.”
The capital raise and subsequent uplisting come as Birchtech is making progress in both its air purification and water treatment businesses. The company just received the final judgment in its patent lawsuit, which dates back to July 2019 and was once composed of 43 defendants, including four major power utilities and numerous refined coal companies. While the company was initially awarded $57 million, it expects the final judgment to be $78 million, which would be on top of the capital it just raised in the stock sale.
Birchtech says it will use the additional funds to expand in the water purification market and increase market share across the U.S. coal-fired power fleet, which has the potential to double over the next couple of years. The company expects to gain numerous new licenses and/or supply contracts, which typically extend between 3-5 years, as it seeks to establish solid business relationships with utilities currently using and others believed to be using its patented technologies for mercury emissions capture.
After three years of hard work and innovation, Birchtech’s water treatment solutions business is up and running with purchase orders totaling $0.9 million from a mid-Atlantic power utility. The company also inked a deal with Civil & Environmental Consultants Inc. (CEC) to provide testing to its utility customers and said it has a pipeline full of potential water treatment solutions projects with utilities.
Birchtech’s entrance into the water treatment industry comes at a time when concerns are rising that water utilities may be in need of more effective and cheaper ways to remove contaminants from water sources, particularly “forever chemicals” like PFAS, which are linked to low birth rates, increased cancer risks and high blood pressure in pregnant women, among many other things.
Birchtech aims to expand its business and its balance sheet in 2026, armed with a potential $78 million settlement and a $20 million offering. The company has laid its plans to have the firepower to take advantage of demand for cleaner air and water.
Source: Birchtech Corp.
