iHub News
3週前
Brand Engagement Network jumps after reporting stronger balance sheet progress (BNAI)May 18, 2026 6:32 AM
IH Market News Brand Engagement Network Inc. (NASDAQ:BNAI) shares climbed more than 12% in premarket trading on Monday after the company released first-quarter results highlighting improved liquidity, financing activity and expanding commercialization efforts. Company reports quarterly loss while strengthening financial position The company posted a first-quarter loss of -$0.51 per share for the period ended March 31, 2026.During the quarter, Brand Engagement Network said it completed approximately $7.1 million in combined financing transactions and liability reduction initiatives, while cutting total liabilities by roughly $2.8 million compared with the same period a year earlier.The company also generated approximately $4.47 million in gross proceeds through warrant exercises and completed a $1.518 million private placement transaction with Ben Capital Fund I, LLC.Cash and cash equivalents rose significantly to around $1.8 million as of March 31, 2026, compared with $172,124 at the end of December 2025.“Our first quarter results represent a clear turning point for BEN as we continue executing on our long-term vision and transforming our financial foundation,” said Tyler Luck, CEO of Brand Engagement Network. “During the quarter, we strengthened our balance sheet, improved liquidity, reduced legacy obligations, and expanded commercialization activity across hospitality, healthcare, fleet operations, and international markets.” International expansion and hospitality rollout advance The company expanded its global footprint through a $2.05 million licensing agreement signed with Valio Technologies on January 20, 2026, aimed at introducing its AI technology into African healthcare and academic markets.Brand Engagement Network also said its AI Concierge platform moved into live guest-facing operations at Seven Visions Resort & Places, The Dvin on March 2, 2026, marking the company’s first active deployment within the hospitality industry. Acquisition and patent developments support growth strategy On April 30, 2026, the company entered into a definitive agreement to acquire Munich-based Cataneo GmbH in a transaction valued at approximately $19.5 million. The acquisition is expected to close on or around June 30, 2026.Brand Engagement Network also announced that it received U.S. Patent No. 12,581,163, covering technology related to real-time interpretation of user intent and automated actions within enterprise systems.Brand Engagement Network stock price Original: Brand Engagement Network jumps after reporting stronger balance sheet progress (BNAI)
US Market News
3週前
Brand Engagement Network Reports Strongest Quarter to DateMay 18, 2026 6:00 AM
PR Newswire (US) Q1 2026 Results Reflect Approximately $7.1 Million in Financing Activity and Liability Reduction, Improved Liquidity, Accelerated Commercialization and Global ExpansionWILMINGTON, Del., May 18, 2026 /PRNewswire/ -- Brand Engagement Network Inc. (NASDAQ: BNAI) ("BEN" or the "Company"), a provider of secure, enterprise-grade artificial intelligence, today announced that it filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, with the Securities and Exchange Commission on May 15, 2026. The Company believes Q1 2026 represents its strongest quarter since going public in 2024, reflecting significant balance sheet strengthening, improved liquidity, reduced liabilities, and continued expansion across hospitality, healthcare, fleet operations, Africa, Latin America, and enterprise media infrastructure. The quarter also reflects continued progress in BEN's transition from post-IPO restructuring toward commercial deployment and international expansion.BNAI YTD 2026 HighlightsApproximately $4.47 million in gross proceeds generated from warrant exercises during the quarter.Completed a $1.518 million private placement with Ben Capital Fund I, LLC.Approximately $7.1 million in combined financing and liability reduction initiatives supporting balance sheet strengthening.Reduced total liabilities by approximately $2.8 million compared to the prior-year period.Increased cash and cash equivalents to approximately $1.8 million as of March 31, 2026, compared to $172,124 at December 31, 2025.Expanded international commercialization initiatives across Africa and Latin America.Transitioned BEN's AI Concierge from pilot to live guest-facing deployment at Seven Visions Resort & Places, The Dvin.Received U.S. Patent No. 12,581,163 related to technologies supporting real-time interpretation of user intent and automated enterprise system actions.Entered into a definitive agreement to acquire Munich-based Cataneo GmbH in a transaction valued at approximately $19.5 million."Our first quarter results represent a clear turning point for BEN as we continue executing on our long-term vision and transforming our financial foundation," said Tyler Luck, CEO of Brand Engagement Network. "During the quarter, we strengthened our balance sheet, improved liquidity, reduced legacy obligations, and expanded commercialization activity across hospitality, healthcare, fleet operations, and international markets, including Africa and Latin America. We also advanced our enterprise AI capabilities through strategic partnerships, intellectual property expansion, and the pending acquisition of Cataneo GmbH. Importantly, we believe these milestones position the Company for continued commercial growth while maintaining a disciplined approach to capital management."Recent Operational and Strategic MilestonesInternational Commercial Expansion
On January 20, 2026, the Company entered into a $2.05 million licensing partnership with Valio Technologies (Pty) Ltd., expanding BEN's commercial presence into Africa through healthcare and academic deployments, including a pilot program with Nelson Mandela University.The Company also expanded commercialization efforts across Latin America through strategic relationships supporting healthcare, mobility, and enterprise AI initiatives.Hospitality Deployment
On March 2, 2026, BEN's AI Concierge transitioned into a live guest-facing deployment at Seven Visions Resort & Places, The Dvin, representing the Company's first live guest-facing hospitality deployment.Fleet Operations Expansion
On April 21, 2026, the Company entered into a strategic relationship with Accelevate Solutions focused on expanding BEN's AI technology into commercial fleet and mobility environments. Subsequent reseller agreements executed on May 7, 2026, established distribution rights supporting broader commercialization opportunities across fleet and enterprise markets.Cataneo Acquisition
On April 30, 2026, the Company entered into a definitive agreement to acquire Cataneo GmbH ("Cataneo"), whose MYDAS platform supports approximately €6 billion in annual advertising inventory across more than 1,000 media brands globally. The transaction is valued at approximately $19.5 million and is expected to close on or about June 30, 2026, subject to customary closing conditions.Governance Update
Effective April 1, 2026, Jon Leibowitz was appointed Chairman of the Board of Directors, succeeding Bernard Puckett as part of the Company's ongoing governance evolution. Mr. Leibowitz previously served as Chairman of the U.S. Federal Trade Commission and brings extensive experience in regulatory policy, governance, and enterprise oversight.About Brand Engagement Network, Inc.
Brand Engagement Network, Inc. (NASDAQ: BNAI) builds secure, enterprise-grade artificial intelligence for the engagement layer of AI between companies and consumers, where people interact with systems and real-world outcomes are driven. Powered by its proprietary Engagement Language Model (ELM™), BEN's technology delivers conversational AI that connects human intent to organizational data, workflows, and actions inside closed-loop, privacy-protective, governed environments. Trusted by organizations in regulated and high-stakes industries, BEN brings AI into operational settings where engagement, accountability, and results matter. For more information, visit www.brandengagementnetwork.com.Contacts: Investor Relations: investors@beninc.ai; Media: amy@beninc.aiForward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact are forward-looking statements, including statements regarding the anticipated closing and benefits of the Cataneo acquisition, the Company's strategic partnerships, commercialization initiatives, deployment activity, liquidity, growth opportunities, and the performance of its ELM™ technology. These forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, the Company's ability to close pending acquisitions, integrate acquired businesses, execute commercialization strategies, achieve market acceptance of its AI solutions, and other risks detailed in the Company's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The Company undertakes no obligation to update or revise any forward-looking statements contained in this release, except as required by law. View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-reports-strongest-quarter-to-date-302774449.htmlSOURCE Brand Engagement Network, Inc. (BEN) Original: Brand Engagement Network Reports Strongest Quarter to Date
US Market News
1月前
Brand Engagement Network (NASDAQ: BNAI) Signs Definitive Agreement to Acquire Cataneo GmbH, a Global Media Infrastructure Leader, in a Debt-Free $19.5 Million TransactionApril 30, 2026 8:45 AM
PR Newswire (US)
Combined Collaboration and Patented AI Technology to Power 1:1 Engagement Across Ad-Driven SystemsWILMINGTON, Del. and MUNICH, April 30, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (NASDAQ: BNAI) ("BEN" or the "Company"), a leader in secure, enterprise-grade conversational AI for the engagement layer between companies and consumers, today announced a definitive agreement to acquire Cataneo GmbH ("Cataneo"), a Munich-based provider of mission-critical media and advertising infrastructure software.
The transaction is valued at approximately $19.5 million, with payment in a combination of cash and equity. BEN has already advanced $1.0 million, and the Company has secured capital commitments of $8 million to fund the remaining cash consideration, $500,000 of which has funded via the sale of common stock at a price of $39.59 per share and warrants exercisable in one year for $39.59 per share of common stock and the remainder of which will fund prior to closing. Approximately $10.5 million of the consideration will be delivered in BEN common stock, priced at the 20-day volume-weighted average price of $39.59 per share - which represents a premium to BEN's recent trading levels. This structure eliminates reliance on discounted or dilutive capital and underscores BEN's disciplined execution and strong balance-sheet focus.Strategic Highlights:Global Scale & Blue-Chip Clients: Cataneo's MYDAS platform powers advertising sales, scheduling, traffic, and monetization for major global media organizations, including leading U.S. film studios. MYDAS manages €6 billion+ in annual advertising inventory across 1,000+ media brands and 200+ channels worldwide.Next-Generation Technology: Autonomous operating cycle with minimal human intervention and the most advanced security benchmark standards.Operational Efficiency: Cataneo delivers 35%+ in workflow efficiency through AI, improving headcount productivity and enabling automated anomaly detection.Leadership Continuity: Cataneo co-founder Christian Unterseer to join BEN's Board of Directors upon closing.Debt-Free Execution: $8 million secured at closing to complete the transaction without debt.Cataneo's MYDAS platform is the core of media revenue operations, enabling broadcasters and networks to oversee, enhance, and monetize advertising inventory in real time across linear, digital, and streaming platforms. By incorporating BEN's proprietary AI, protected by U.S. Patent No. 12,581,163 for "Systems and Methods for Delivering User-Specific Messages," the combined technology and expertise of Cataneo and BEN are expected to bring conversational AI directly into live media systems. This is expected to advance the industry beyond decades of static inventory sales toward more customizable 1:1 brand-to-audience engagement, where each interaction can support revenue optimization and more measurable outcomes."The era of traditional ad inventory sales is evolving. The combination of Cataneo's proven, fully automated global cloud infrastructure and our patented AI technology positions us to help deliver a more advanced conversational AI engagement layer across the entire media ecosystem," said Tyler Luck, BEN's Chief Executive Officer.Christian Unterseer, Co-Founder of Cataneo, says, "When we launched nearly 25 years ago, our goal was to create the industry's first cloud service. Now, through this strategic combination with BEN, we are leading again by harnessing AI to transform ad sales and content monetization and to create what we believe will be a new industry standard. I am honored to join the board of directors and to witness this revolution firsthand."Renato Rocha Pinto, Chief Executive Officer of Cataneo, added: "Our platform has powered media companies' core operations for over two decades, delivering unmatched reliability. The next natural step is to integrate BEN's AI to unlock exciting new capabilities for our customers and to expand into new markets and channels."The transaction is expected to close on June 30, 2026, subject to customary closing conditions.About Cataneo
Cataneo GmbH is a global leader in media management solutions for advertising sales, scheduling, traffic, and content management across linear, non-linear, and digital channels. Headquartered in Munich, Germany, its highly customizable and scalable MYDAS platform delivers end-to-end monetization tools with data analytics, CRM integration, and real-time reporting. With over 20 years of experience, Cataneo supports more than 1,000 media brands across 200+ channels on four continents. For more information, visit www.cataneo.comAbout Brand Engagement Network, Inc.
Brand Engagement Network, Inc. (NASDAQ: BNAI) builds secure, enterprise-grade artificial intelligence for the engagement layer of AI, between companies and consumers, where people interact with systems and real-world outcomes are driven. Powered by its proprietary Engagement Language Model (ELM™), BEN's technology delivers conversational AI that connects human intent to organizational data, workflows, and actions inside closed-loop, privacy-protective, governed environments. Trusted by organizations in regulated and high-stakes industries, BEN brings AI into operational settings where engagement, accountability, and results matter. For more information, visit www.brandengagementnetwork.com.Contacts:
Media: BEN: amy@beninc.ai; Cataneo: marketing@cataneo.de
Investor Relations: investors@beninc.aiForward-Looking StatementsCertain statements in this communication are "forward-looking statements" within the meaning of federal securities laws. They are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect, among other things, BEN's current expectations, assumptions, plans, strategies, and anticipated results, including the closing and anticipated benefits of the acquisition of Cataneo (the "Cataneo Acquisition"). Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance.There are a number of risks, uncertainties and conditions that may cause BEN's actual results to differ materially from those expressed or implied by these forward-looking statements, including but not limited to: (i) uncertainties as to the timing of the Cataneo Acquisition; (ii) the risk that the Cataneo Acquisition may not be completed on the anticipated terms in a timely manner or at all; (iii) the failure to satisfy any of the conditions to the consummation of the Cataneo Acquisition, including the ability to obtain financing to fund the Cataneo Acquisition on terms that are agreeable to the parties or at all; (iv) the possibility that any or all of the various conditions to the consummation of the Cataneo Acquisition may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals) or required major shareholder guarantees; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement; (vi) the effect of the announcement or pendency of the transactions contemplated by the purchase agreement on BEN's ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, or its operating results and business generally; (vii) risks related to diverting management's attention from BEN's ongoing business operations; (viii) uncertainty as to the timing of completion of the Cataneo Acquisition; (ix) risks that the benefits of the Cataneo Acquisition are not realized when and as expected; and (x) (A) the risk factors described in Part I, Item 1A of Risk Factors in BEN's Annual Report on Form 10-K for the year ended December 31, 2025 and (B) the other risk factors identified from time to time in the BEN's other filings with the Securities and Exchange Commission (the "SEC"). Filings with the SEC are available on the SEC's website at http://www.sec.gov.Many of these circumstances are beyond BEN's ability to control or predict. These forward-looking statements necessarily involve assumptions on BEN's part. These forward-looking statements may include words such as "believe," "expect," "anticipate," "estimate," "intend," "plan," "project," "should," "may," "will," "might," "could," "would," or similar expressions. All forward-looking statements attributable to the Company or persons acting on BEN's behalf are expressly qualified in their entirety by the cautionary statements that appear throughout this communication. Furthermore, undue reliance should not be placed on forward-looking statements, which are based on the information currently available to the Company and speak only as of the date they are made. BEN disclaims any intention or obligation to update or revise publicly any forward-looking statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-nasdaq-bnai-signs-definitive-agreement-to-acquire-cataneo-gmbh-a-global-media-infrastructure-leader-in-a-debt-free-19-5-million-transaction-302758811.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network (NASDAQ: BNAI) Signs Definitive Agreement to Acquire Cataneo GmbH, a Global Media Infrastructure Leader, in a Debt-Free $19.5 Million Transaction
US Market News
2月前
Brand Engagement Network Expands into Fleet Operations with Accelevate Investment and BEN's Newly Granted PatentApril 22, 2026 6:15 AM
PR Newswire (US)
Advancing real-time AI execution across commercial fleet systems and establishing a new in-vehicle enterprise engagement channel WILMINGTON, Del., April 22, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (NASDAQ: BNAI) ("BEN" or the "Company") today announced a strategic investment and commercial collaboration with HighTide Energy, Inc., doing business as Accelevate Solutions ("Accelevate"). The initiative focuses on advancing artificial intelligence in live fleet operations and extending BEN's capabilities to connect human intent with real-time system execution.
BEN has entered a binding term sheet and expects to invest up to $1,000,000, including an initial payment of $250,000 to support commercialization and deployment, and a second installment of $750,000 upon the parties' completion of mutual reseller agreements.The collaboration pairs Accelevate's fleet AI-powered infrastructure with BEN's AI technology. Accelevate provides 'digital intelligence from fleet operating environments, including vehicle fuel and powertrain systems, route conditions, in-route performance, and passenger touchpoints. Industry data shows fleets using telematics (including advanced fleet analytics & modeling solutions) and driver coaching tools have achieved up to a 40% reduction in collision rates, highlighting the impact of real-time training and guidance within fleet operations (1).BEN's technology enables fleet operators to engage with drivers, support hands-free interaction, and deliver real-time guidance, training, and compliance-related messaging directly within the vehicle. By operating inside live fleet environments, BEN's AI can reinforce safe driving behaviors, provide situational guidance, and support driver decision-making as conditions change. This integration also establishes a direct, in-vehicle communication channel with drivers, creating a real-time engagement layer that connects enterprise systems to a distributed workforce in daily operations.This collaboration positions BEN to enter the commercial fleet market, a sector representing billions in annual technology spend across routing, compliance, training, and safety operations, and creates a new channel for enterprise engagement and recurring revenue opportunities.BEN was recently granted U.S. Patent No. 12,581,163, titled "Systems and Methods for Delivering User-Specific Messages." The patent supports BEN's ability to interpret intent, process live data, and trigger actions across connected systems in dynamic environments, enabling use cases such as updating passenger information, assisting operators, and coordinating activity across in-vehicle tools.Fleet operations rely on continuous data flow and coordination across multiple systems. According to data from the International Energy Agency and related industry analyses, more than 1.5 billion vehicles are on the road globally, with fleet operations representing a significant and growing part of transportation infrastructure (2). Accelevate develops systems for routing, tracking, onboard sensors, passenger counting, and contactless access. Its platform integrates with partners such as MyRadar and is available on the Geotab Marketplace, providing real-time environmental and vehicle data. BEN's technology brings these inputs together to support real-time decision-making across fleet operations."Fleet operations are where AI moves from insight into action," said Tyler Luck, Chief Executive Officer of BEN. "Our newly secured patent enables AI to interpret real-time conditions and coordinate actions across systems. This is about embedding AI inside live environments where it can drive decisions and outcomes.""Transportation systems demand constant coordination and increasingly complex decision-making across vehicles, passengers, and infrastructure," said Charles Maury, Chief Executive Officer and Chief Technology Officer of Accelevate Solutions. "By integrating our technology with BEN's AI, we are advancing automated decision intelligence using sophisticated models to simulate and optimize operations, procurement strategies, and fleet right-sizing in real time."About Brand Engagement Network, Inc.
Brand Engagement Network, Inc. ("BEN") builds secure, enterprise-grade artificial intelligence for the engagement layer of AI, where people interact with systems and actions occur. Powered by BEN's proprietary Engagement Language Model (ELM™), BEN's technology enables conversational AI interactions that connect human intent to organizational data, workflows, and real-world outcomes. BEN's AI operates within secure closed-loop environments using approved organizational data and built-in governance and compliance controls. Trusted by organizations operating in regulated and high-impact industries, BEN helps bring AI into real operational settings where engagement drives outcomes and accountability matters. For more information, visit www.brandengagementnetwork.com.About Accelevate Solutions
Accelevate Solutions, a division of HighTide Energy, Inc., is redefining commercial transportation through the automation of fleet decision intelligence. Accelevate has developed advanced AI models that continuously analyze and optimize core functions—including operations, procurement, and fleet right-sizing—turning complex data into real-time, actionable outcomes. The platform enables transportation operators to increase asset-contribution margins, growing top-line revenues while minimizing costs to deliver, turning fleets into intelligence-driven systems that scale efficiently across passenger and supply chain networks. For more information, visit www.accelevatesolutions.com.Media Contact: amy@beninc.ai
Investor Relations: investors@beninc.ai(1) Source: Geotab, State of Commercial Transportation Report (2024)
(2) Source: International Energy Agency (IEA), Global EV Outlook and related mobility dataForward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed investment and related activities. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including the ability to complete due diligence, finalize definitive agreements, and implement the anticipated collaboration. Words such as "may," "will," "expect," "intend," and similar expressions are intended to identify forward-looking statements. Additional information regarding these and other risks is included in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-expands-into-fleet-operations-with-accelevate-investment-and-bens-newly-granted-patent-302750062.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network Expands into Fleet Operations with Accelevate Investment and BEN's Newly Granted Patent
US Market News
2月前
Brand Engagement Network Files 2025 Form 10-K, Highlights Strong Balance Sheet and Operational ProgressApril 16, 2026 6:20 AM
PR Newswire (US)
Reduced net loss, lower liabilities, and disciplined execution position BEN for scalable growthWILMINGTON, Del., April 16, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (NASDAQ: BNAI) ("BEN" or the "Company"), an artificial intelligence company focused on the engagement layer of AI, announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
The Annual Report on Form 10-K is available on the SEC's website at www.sec.gov and through the Company's investor relations page.BEN highlighted significant financial and operational progress in 2025, including a substantial reduction in net loss, continued reduction in liabilities, and execution of strategic partnerships supporting its commercialization strategy.Financial and Balance Sheet Highlights
During the year ended December 31, 2025, BEN reduced its net loss by approximately $25.1 million, from $33.7 million in 2024 to $8.6 million. This improvement reflects disciplined cost management, lower operating expenses, and the absence of certain non-recurring charges recognized in the prior year.Loss from operations improved from $36.5 million to $12.6 million, while total operating expenses decreased from $36.6 million to $12.9 million. General and administrative expenses declined by approximately $10.3 million.In addition, BEN did not incur the $13.5 million impairment related to AFG customer acquisition costs that impacted 2024 results.Total liabilities decreased from $15.5 million as of December 31, 2024, to $11.8 million as of December 31, 2025, a reduction of approximately $3.6 million.In addition, BEN strengthened its balance sheet through approximately $7.05 million in equity financings, including approximately $5.0 million in the fourth quarter of 2025 and approximately $2.05 million in the first quarter of 2026. These financings supported operations and key strategic initiatives, including expansion of LATAM operations.Strategic Partnerships and Expansion
During 2025 and into 2026, BEN advanced a series of strategic partnerships and expansion initiatives across healthcare, hospitality, insurance, media, and international markets:Latin America and Spain: Exclusive licensing partnership with Skye Inteligencia LATAM, S.A.P.I. de C.V.Healthcare (Mexico): Formation of Skye Salud with KNOBLOCH Information Group and Skye LATAM.Africa: Partnership with Valio Technologies (Pty) Ltd and collaboration with Nelson Mandela University.Hospitality: Collaboration with Seven Visions Resort & Places, The Dvin.Insurance: Strategic partnership with Swiss Life Global Solutions.Media and Advertising: Reseller activity through Vybroo and Grupo Siete.These initiatives reflect BEN's strategy to expand through strategic partnerships and regional licensing frameworks, positioning the Company to scale across regulated and high-growth markets.In 2026, BEN is focused on operational execution and advancing these partnerships toward commercialization.As part of its international expansion strategy, BEN is advancing its LATAM initiatives. During the fourth quarter of 2025, BEN entered into an agreement with Skye Inteligencia LATAM that includes a capital contribution with a contractual stated amount of up to $5.0 million associated with the licensing and commercialization of its AI technology in Latin America. Based on the counterparty's financial condition and the contingent nature of the arrangement, BEN determined the fair value at inception was nominal and recorded the investment accordingly. This reflects a disciplined approach to financial reporting while maintaining a strategic position for long-term commercialization in the region.CEO Commentary
"Throughout 2025, we took deliberate steps to strengthen our financial foundation while executing strategic partnerships that expand the reach of our technology," said Tyler Luck, Chief Executive Officer of BEN. "We improved our balance sheet, reduced liabilities, and advanced initiatives across key markets. We have been disciplined in how we structure these partnerships to support long-term value creation. As we move through 2026, we are focused on operationalizing these initiatives, expanding enterprise adoption, and driving scalable growth."About Brand Engagement Network, Inc. (NASDAQ: BNAI)
Brand Engagement Network, Inc. ("BEN") builds secure, enterprise-grade artificial intelligence for the engagement layer of AI—where people interact with systems and actions occur. Powered by BEN's proprietary Engagement Language Model (ELM™), BEN's technology enables conversational AI interactions that connect human intent to organizational data, workflows, and real-world outcomes. BEN's AI operates within secure closed-loop environments using approved organizational data and built-in governance and compliance controls. Trusted by organizations operating in regulated, complex, and mission-critical environments, BEN helps bring AI into real operational settings where engagement drives outcomes and accountability matters. For more information, visit www.brandengagementnetwork.com.Contacts:
Media: amy@beninc.ai
Investor Relations: investors@beninc.aiForward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the Company's future financial or operating performance and may include statements regarding the Company's financial position, trends in liability reduction, the execution and impact of strategic partnerships, the Company's ability to scale its operations, expand enterprise adoption, and drive long-term value, as well as the development, deployment, and capabilities of its technology.These statements are based on current expectations, estimates, and assumptions that are subject to risks and uncertainties, many of which are beyond the Company's control. Actual results may differ materially from those expressed or implied by these forward-looking statements due to a variety of factors, including, but not limited to, the Company's ability to maintain and improve its financial position, successfully implement and commercialize its technology, execute and realize value from partnerships and licensing arrangements, achieve market adoption, and respond to competitive, regulatory, and economic conditions.The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by law. Additional information regarding these and other risks can be found in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025.
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-files-2025-form-10-k-highlights-strong-balance-sheet-and-operational-progress-302744591.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network Files 2025 Form 10-K, Highlights Strong Balance Sheet and Operational Progress
US Market News
3月前
Brand Engagement Network Advances AI Concierge into Live Guest Deployment at Seven Visions Resort & Places, The DvinMarch 2, 2026 6:00 AM
PR Newswire (US)
World-recognized ultra-exclusive destination becomes BEN's first live luxury hospitality deploymentWILMINGTON, Del. and YEREVAN, Armenia, March 2, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN"), a provider of secure, governed artificial intelligence designed for enterprise and regulated industries, today announced that its AI Concierge has entered an initial guest-facing limited release at Seven Visions Resort & Places, The Dvin — a world-recognized ultra-exclusive hospitality and entertainment destination located in Yerevan, Armenia.
The deployment marks an important step for BEN, as its conversational AI, having completed internal testing and staff validation, enters a live, guest-facing limited release with a select group of the property's guests. Integrated securely within the hotel's existing systems, BEN's AI connects directly to internal workflows and service processes — enabling conversations that trigger real service actions — from room service and housekeeping to spa and restaurant bookings — and routes them directly to hotel departments for fulfillment, while allowing continued refinement based on real-world guest engagement.The deployment is designed to support real-time guest engagement with BEN's AI Concierge and is intended to generate operational data to help evaluate performance, accuracy, and reliability within a high-service hospitality environment, while supporting staff and enhancing overall service delivery.BEN and The Dvin first announced their collaboration in May 2025. Following multiple phases of development, knowledge refinement, and operational integration, the AI Concierge has advanced into a live limited release within the property.The initial phase is limited to a select group of rooms, allowing both organizations to evaluate real-time guest interactions, refine service workflows, and ensure operational alignment before expanding to the rest of the property.Guests access concierge services via QR-based activation and integrated messaging, enabling real-time service requests, property information, and personalized assistance routed directly to hotel departments.The initiative streamlines service delivery by enabling the AI to handle multiple guest requests simultaneously — reducing wait times and allowing staff to focus on high-value, personalized interactions."Reaching live guest deployment marks a meaningful step toward bringing governed AI into real-world hospitality environments," said Tyler Luck, Chief Executive Officer and Co-Founder of BEN. "Our AI is designed to operate within enterprise environments — securely activating an organization's own systems, rules, and workflows to deliver real outcomes while preserving the human experience that defines luxury service."Seven Visions Resort & Places, The Dvin is widely regarded as one of the world's most prestigious luxury hospitality and entertainment destinations. The property has earned 22 international awards between 2023 and 2025, reflecting global recognition for its immersive guest experiences, culinary excellence, and innovative approach to hospitality.The resort provides an ideal setting for deploying AI within a high-service, high-expectation environment where personalization, discretion, and operational precision are essential."Introducing The Dvin's AI Concierge, powered by BEN, into live guest interactions reflects our commitment to innovation while preserving the human-centered experience that defines our brand," said Artak Tovmasyan, creator, president, and chairman of the supervisory board of The Dvin. "Together, we are building a modern, data-informed hospitality experience that meets our guests' expectations."The deployment marks BEN's first expansion into the hospitality sector and serves as a flagship live implementation within the company's broader global strategy. With the global luxury hotel market valued at approximately $170 billion in 2025 and projected to exceed $400 billion by 2034(1), BEN's entry into the sector represents a significant potential opportunity to deploy enterprise-grade AI within a rapidly expanding, high-service industry. Demonstrating this capability within a world-class luxury destination reinforces BEN's strategy of deploying AI across high-impact industries, including healthcare, hospitality, government, and financial services.About Brand Engagement Network, Inc. (Nasdaq: BNAI)
Brand Engagement Network, Inc. ("BEN") develops a secure, enterprise-grade artificial intelligence that enables natural conversations, intelligent automation, and real-world execution across text, voice, and multimodal experiences. Designed for regulated and high-impact industries, BEN integrates AI directly into existing systems to improve decision-making, streamline operations, and enhance customer engagement within secure, closed-loop environments. BEN's AI is powered by proprietary technology, including its Engagement Language Model (ELM™), and is built with governance, compliance, and reliability at its core.
For more information, please visit www.brandengagementnetwork.comAbout Seven Visions Resort & Places, The Dvin
Seven Visions Resort & Places, The Dvin is a world-renowned, ultra-exclusive destination where heritage, entertainment, and luxury hospitality converge. With 22 international awards earned between 2023 and 2025, the property has established itself as one of the most prestigious and innovative hospitality experiences globally. Learn more at 7visionshotels.com.(1) Source: Fortune Business Insights, Luxury Hotel Market Size & Share Report, 2025–2034.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated deployment timelines, strategic initiatives, and operational outcomes. These statements involve risks and uncertainties described in BEN's filings with the U.S. Securities and Exchange Commission. Words such as "expected," "targeted," "planned," "anticipated," "may," "will," "could," and similar expressions are intended to identify forward-looking statements. BEN undertakes no obligation to update forward-looking statements.BEN Media and Investor Relations Contacts
Media: amy@beninc.ai
Investor Relations: investors@beninc.ai
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-advances-ai-concierge-into-live-guest-deployment-at-seven-visions-resort--places-the-dvin-302700835.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network Advances AI Concierge into Live Guest Deployment at Seven Visions Resort & Places, The Dvin
US Market News
4月前
Brand Engagement Network Terminates $50 Million Standby Equity Purchase Agreement, Strengthening Balance Sheet and Reducing Potential DilutionFebruary 5, 2026 6:10 AM
PR Newswire (US)
WILMINGTON, Del., Feb. 5, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN" or the "Company"), a provider of secure, enterprise-grade artificial intelligence solutions, today announced the termination of its Standby Equity Purchase Agreement dated August 26, 2024, with YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP. The Agreement previously permitted the Company to sell up to $50 million of its common stock to the investor from time to time.
The termination was effective immediately, with no outstanding obligations or advances under the facility. Since the Company's 1-for-10 reverse stock split became effective on December 12, 2025, BEN utilized the facility for only one drawdown. In addition, the Company recently closed the first installment of its $1.518 million premium private placement and anticipates the remaining closings in February and March 2026. For the avoidance of doubt, BEN elected to terminate the facility, and there are no outstanding obligations or advances thereunder.As of the date of this announcement, the Company has approximately 5,834,052 shares outstanding (unaudited), of which approximately 3,377,446 are in the public float (unaudited). Recent warrant exercises, debt conversions, and premium private placements have strengthened the Company's balance sheet while minimizing dilution."We remain focused on maintaining a disciplined capital strategy and a clean capital structure as we scale revenue-generating deployments," said Tyler Luck, Chief Executive Officer.About Brand Engagement Network, Inc. (Nasdaq: BNAI)
Brand Engagement Network, Inc. ("BEN") is a provider of secure, enterprise-grade artificial intelligence solutions that enable natural conversations, workflow automation, and real-world execution across text, voice, and avatar-based experiences. Designed for regulated and high-impact industries, BEN delivers highly personalized, multimodal AI within secure, closed-loop environments—helping organizations modernize operations, improve decision-making, and enhance customer engagement. BEN's platform is powered by proprietary technology, including its Engagement Language Model (ELM™), and is built with governance, compliance, and reliability embedded by design. For more information, please visit www.brandengagementnetwork.com.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially. BEN undertakes no obligation to update forward-looking statements except as required by law.Contacts
BEN Investor Relations: investors@beninc.ai
BEN Media: amy@beninc.ai
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-terminates-50-million-standby-equity-purchase-agreement-strengthening-balance-sheet-and-reducing-potential-dilution-302679857.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network Terminates $50 Million Standby Equity Purchase Agreement, Strengthening Balance Sheet and Reducing Potential Dilution
US Market News
4月前
Brand Engagement Network Secures $1.518M Premium Private Placement at $63.25 a Share, Strengthens Balance Sheet with $818K in Warrant Proceeds, Full Debt RepaymentJanuary 30, 2026 6:10 AM
PR Newswire (US)
WILMINGTON, Del., Jan. 30, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. ("BEN") (Nasdaq: BNAI), a provider of secure, enterprise-grade artificial intelligence solutions, today announced the receipt of $818,302.70 in cash proceeds from warrant exercises, the repayment of legacy debt, and the execution of a $1.518 million private placement, further strengthening the Company's balance sheet and financial flexibility.
The warrant exercises were completed for cash and consisted of:19,750 shares exercised at $25.00 per share, generating $493,750 in gross proceeds;8,202 shares exercised at $37.00 per share, generating $303,474 in gross proceeds;5,701 shares exercised at $3.70 per share, generating $21,078.70 in gross proceeds.In addition, during January 2026, BEN repaid $640,332.46 in outstanding loans, including $630,332.46 related to loans with Hana Bank, South Korea, thereby satisfying the Company's liabilities under the Asset Purchase Agreement dated May 3, 2023, through January 30, 2026.Separately, BEN entered into a securities purchase agreement for a $1.518 million private placement with Ben Capital Fund I, LLC, priced at $63.25 per share, representing an issuance of 24,000 shares of common stock. The investment will be funded in three equal installments of $506,000, with closings scheduled for January 30, February 25, and March 25, 2026. The transaction includes no warrant coverage and was priced at a premium to the Company's January 29, 2026 closing price."This week reflects continued execution against our financial strategy," said Tyler Luck, Chief Executive Officer of Brand Engagement Network. "The combination of warrant exercises, debt repayment, and a premium-priced private placement strengthens our balance sheet and positions BEN to move forward with focus and flexibility as we execute on our business objectives."The securities described herein were offered and sold in private transactions pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended.About Brand Engagement Network, Inc. (Nasdaq: BNAI)
Brand Engagement Network, Inc. ("BEN") is a provider of secure, enterprise-grade artificial intelligence solutions that enable natural conversations, workflow automation, and real-world execution across text, voice, and avatar-based experiences. Designed for regulated and high-impact industries, BEN delivers highly personalized, multimodal AI within secure, closed-loop environments to help organizations modernize operations, improve decision-making, and enhance customer engagement. BEN's platform is powered by proprietary technology, including its Engagement Language Model (ELM™), with governance, compliance, and reliability embedded by design. For more information, please visit www.brandengagementnetwork.com.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Additional information regarding these risks is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements, except as required by law.BEN Investor Relations: investors@beninc.aiBEN Media Contact: amy@beninc.ai
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-secures-1-518m-premium-private-placement-at-63-25-a-share-strengthens-balance-sheet-with-818k-in-warrant-proceeds-full-debt-repayment-302674850.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network Secures $1.518M Premium Private Placement at $63.25 a Share, Strengthens Balance Sheet with $818K in Warrant Proceeds, Full Debt Repayment
US Market News
4月前
Brand Engagement Network (Nasdaq: BNAI) Reports $1.46 Million in Cash Proceeds from Warrant Exercises and $737,500 Debt Conversion; Provides Public Warrants UpdateJanuary 28, 2026 11:10 AM
PR Newswire (US)
WILMINGTON, Del., Jan. 28, 2026 /PRNewswire/ -- Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN" or the "Company"), a leading provider of AI-driven customer engagement solutions, today announced the issuance of shares of its common stock in connection with warrant exercises, equity incentive plan exercises, and the conversion of outstanding debt, strengthening the Company's balance sheet.
Transaction Summary:Cash Proceeds: The Company received $1,456,332 in cash proceeds from the exercise of warrants, incentive stock options, and long-term incentive plan awards, with strike prices ranging from $16.58 to $37.00 per share.Debt Reduction: The Company converted $737,500 of outstanding debt into shares of common stock.Equity Issued: An aggregate of 93,313 shares of common stock were issued in connection with these transactions. Following these issuances, the Company has approximately 5,778,514 shares of common stock outstanding (unaudited estimate, including the newly issued shares) and a public float of approximately 3,129,047 shares (unaudited estimate, excluding the newly issued shares).Public Warrants Update: Following the Company's 1-for-10 reverse stock split, effective December 12, 2025, the exercise price of the public warrants was adjusted to $115.00 per share, and the number of shares underlying the public warrants was adjusted to 1,644,096. If all outstanding public warrants were exercised at the adjusted exercise price, the Company would receive approximately $189,071,000 in gross proceeds. The Company notes that Nasdaq and certain brokerage platforms have not yet fully reflected the post-split warrant adjustments and is working with the relevant parties to ensure accurate updates."These warrant exercises and debt conversions further strengthen our balance sheet and simplify our capital structure," said Tyler Luck, Chief Executive Officer of Brand Engagement Network. "We remain focused on disciplined capital management as we execute on our growth strategy.""We truly appreciate the support from all our shareholders, including the dedicated retail investors who've believed in BEN's long-term vision," continued Mr. Luck. "Your commitment helps fuel our focus on execution, partnerships, and delivering value."About Brand Engagement Network, Inc. (Nasdaq: BNAI)
Brand Engagement Network, Inc. ("BEN") is a provider of secure, enterprise-grade artificial intelligence solutions that enable natural conversations, workflow automation, and real-world execution across text, voice, and avatar-based experiences. Designed for regulated and high-impact industries, BEN delivers highly personalized, multimodal AI within secure, closed-loop environments—helping organizations modernize operations, improve decision-making, and enhance customer engagement. BEN's platform is powered by proprietary technology, including its Engagement Language Model (ELM™), and is built with governance, compliance, and reliability embedded by design. For more information, please visit www.brandengagementnetwork.com.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may affect results are detailed in the Company's filings with the U.S. Securities and Exchange Commission. BEN undertakes no obligation to update any forward-looking statements, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/brand-engagement-network-nasdaq-bnai-reports-1-46-million-in-cash-proceeds-from-warrant-exercises-and-737-500-debt-conversion-provides-public-warrants-update-302672347.htmlSOURCE Brand Engagement Network, Inc. (BEN)
Original: Brand Engagement Network (Nasdaq: BNAI) Reports $1.46 Million in Cash Proceeds from Warrant Exercises and $737,500 Debt Conversion; Provides Public Warrants Update