Brand Engagement Network Terminates $50 Million Standby Equity Purchase Agreement, Strengthening Balance Sheet and Reducing Potential Dilution[Accessibility Statement] (https://www.cision.com/about/accessibility/)[Skip Navigation](#main)# Brand Engagement Network Terminates $50 Million Standby Equity Purchase Agreement, Strengthening Balance Sheet and Reducing Potential Dilution[![(PRNewsfoto/Brand Engagement Network, Inc. (BEN))]( "(PRNewsfoto/Brand Engagement Network, Inc. (BEN))")](#)## News provided by[ ...

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - TechCreate Group Ltd. (TCGL) is up 99% at $205.71 - VivoSim Labs, Inc. (VIVS) is up 74% at $2.96 - La Rosa Holdings Corp. (LRHC) is up 55% at $4.66 - Sandisk Corporation (SNDK) is up 23% at $668.13 - Springview Holdings Ltd (SPHL) is up 19% at $4.76 - BUUU Group Limited (BUUU) is up 16% at $10.86 - Deckers Outdoor Corporation (DECK) is up 11% at $111.64 - Lumentum Holdings Inc. (LITE) is up 10% at $419.58 - Chanson International Holding (CHSN) is up 10% at $2.15 - Century Therapeutics, Inc. (IPSC) is up 9% at $2.20 [3] Premarket Losers - Kaixin Holdings (KXIN) is down 43% at $5.70 - Brand Engagement Network, Inc. (BNAI) is down 32% at $35.56 - PennyMac Financial Services, Inc. (PFSI) is down 21% at $117.50 - Schneider National, Inc. (SNDR) is down 19% at $24.05 - Moolec Science SA (MLEC) is down 19% at $5.23 - Nuwellis, Inc. (NUWE) is down 18% at $3.43 - Digital Currency X Technology Inc. (DCX) is down 16% at $3.44 - Serina Therapeutics, Inc. (SER) is down 15% at $3.03 - Namib Minerals (NAMM) is down 11% at $5.00 - ZeroStack Corp. (ZSTK) is down 6% at $11.00 [4]

Financial Developments - Brand Engagement Network, Inc. (BEN) received $818,302.70 in cash proceeds from warrant exercises and executed a $1.518 million private placement, enhancing its balance sheet and financial flexibility [1][2] - The company repaid $640,332.46 in outstanding loans, including $630,332.46 to Hana Bank, South Korea, fulfilling its liabilities under the Asset Purchase Agreement dated May 3, 2023 [1] Private Placement Details - 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, resulting in the issuance of 24,000 shares of common stock [2] - The investment will be funded in three equal installments of $506,000, with closings scheduled for January 30, February 25, and March 25, 2026 [2] Management Commentary - Tyler Luck, CEO of BEN, stated that the recent financial activities reflect the company's execution of its financial strategy, strengthening its balance sheet and positioning it for future business objectives [3] Company Overview - Brand Engagement Network, Inc. is a provider of secure, enterprise-grade artificial intelligence solutions designed for regulated and high-impact industries, focusing on enhancing customer engagement and operational modernization [4]

Core Insights - Brand Engagement Network, Inc. (BEN) has strengthened its balance sheet through the issuance of common stock related to warrant exercises, equity incentive plan exercises, and debt conversions [1][3][6] Financial Summary - The company received $1,456,332 in cash from the exercise of warrants and stock options, with strike prices between $16.58 and $37.00 per share [6] - A total of $737,500 of outstanding debt was converted into shares of common stock [6] - An aggregate of 93,313 shares of common stock were issued, resulting in approximately 5,778,514 shares outstanding and a public float of about 3,129,047 shares [6] Public Warrants Update - Following a 1-for-10 reverse stock split on December 12, 2025, the exercise price of public warrants was adjusted to $115.00 per share, with 1,644,096 shares underlying the public warrants [6] - If all public warrants are exercised at the adjusted price, the company could receive approximately $189,071,000 in gross proceeds [6]

Brand Engagement Network Inc. (NASDAQ:BNAI) shares are up on Wednesday with a session volume of 44.40 million compared to the average volume of 6.26 million.The stock’s rise comes as the company has secured a $2.050 million AI licensing partnership in Africa, which may enhance its market position while broader markets experienced mixed performance.Strategic AI Alliance with Valio TechnologiesThe partnership involves a strategic alliance with Valio Technologies (Pty) Ltd, establishing an exclusive AI licensi ...

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Group 1: Premarket Gainers - Smart Logistics Global Limited (SLGB) is up 198% at $3.67 [3] - Brand Engagement Network, Inc. (BNAI) is up 67% at $10.29 [3] - Boxlight Corporation (BOXL) is up 56% at $1.96 [3] - Moolec Science SA (MLEC) is up 51% at $6.64 [3] - Anteris Technologies Global Corp. (AVR) is up 15% at $6.63 [3] - Hycroft Mining Holding Corporation (HYMC) is up 10% at $47.20 [3] - Nathan's Famous, Inc. (NATH) is up 8% at $100.94 [3] - Progress Software Corporation (PRGS) is up 6% at $41.05 [3] - LightPath Technologies, Inc. (LPTH) is up 5% at $14.81 [3] - ZenaTech, Inc. (ZENA) is up 5% at $4.33 [3] Group 2: Premarket Losers - Top Wealth Group Holding Limited (TWG) is down 29% at $3.81 [4] - Solo Brands, Inc. (SBDS) is down 21% at $5.25 [4] - GlucoTrack, Inc. (GCTK) is down 19% at $3.07 [4] - Galaxy Payroll Group Limited (GLXG) is down 19% at $2.26 [4] - INVO Fertility, Inc. (IVF) is down 13% at $2.04 [4] - Black Titan Corporation (BTTC) is down 11% at $2.11 [4] - Envirotech Vehicles, Inc. (EVTV) is down 10% at $3.30 [4] - Erasca, Inc. (ERAS) is down 6% at $9.21 [4] - ENDRA Life Sciences Inc. (NDRA) is down 6% at $4.31 [4] - Bonk, Inc. (BNKK) is down 6% at $3.74 [4]

Core Insights - Brand Engagement Network, Inc. (BEN) has finalized a strategic partnership with Valio Technologies to create an exclusive AI licensing framework for government and commercial markets across Africa [1][2] - The partnership includes a memorandum of understanding with Nelson Mandela University to pilot an AI-powered mental health support initiative for students [5][6] Company Overview - BEN specializes in secure, governed conversational AI solutions tailored for regulated industries, utilizing proprietary technologies like Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) [4][11] - Valio Technologies focuses on deploying enterprise-grade AI and digital platforms in developing markets, and is the creator of eYakho Health, a digital health platform aimed at connecting healthcare services across Africa [9][12] Partnership Details - The partnership involves a $2.050 million preferred equity contribution from a newly formed South Africa-based entity to BEN, which will be recognized as intellectual property licensing revenue [8] - BEN will receive 25% common equity ownership in the new entity, along with a board seat and a 35% revenue share across various offerings [8] Market Context - The initiative addresses alarming mental health challenges among university students, with anxiety disorders affecting up to 37.1% of South African students and 64.7% experiencing perceived stress [6] - The partnership reflects a growing demand for compliant, sovereignty-aligned AI solutions across various sectors, including healthcare, financial services, and education [10]

Core Insights - PainReform Ltd. announced a name change and is expanding into diversified healthcare and AI-driven energy platforms, resulting in a 27.4% increase in share price to $1.02 in pre-market trading [1] Gainers - Acco Group Holdings Limited saw a significant gain of 219.4%, reaching $9.40 in pre-market trading [4] - Venus Concept Inc. increased by 72.2% to $2.48 [4] - Jaguar Health, Inc. rose 41.3% to $1.08 following a licensing agreement with Woodward Specialty [4] - ImmunityBio, Inc. gained 22.8% to $4.85, with preliminary net product revenue for Anktiva projected at approximately $113 million for fiscal 2025, marking a 700% year-over-year increase [4] - OneMedNet Corporation rose 14.2% to $0.9711 after a previous decline [4] - Brand Engagement Network, Inc. increased by 13.8% to $6.50 [4] - Springview Holdings Ltd rose 13.4% to $19.75 after a substantial 657% increase on Thursday [4] - Creative Global Technology Holdings Limited gained 10.7% to $4.22 after a 52% jump on Thursday [4] - Kopin Corporation increased by 8.1% to $3.20 [4] Losers - Callan JMB Inc. fell 20.7% to $3.33 after a 275% increase on Thursday due to a strategic agreement with Biostax Corp [4] - Erayak Power Solution Group Inc. decreased by 18.3% to $3.21 after an 18% rise on Thursday [4] - TryHard Holdings Limited dropped 16.4% to $6.35 following a 76% decline on Thursday due to a joint venture announcement [4] - iOThree Limited shares dipped 15% to $2.56 [4] - NOVONIX Limited fell 14% to $1.17 [4] - Moolec Science SA tumbled 13.1% to $6.69 after an 118% increase on Thursday [4] - High Roller Technologies, Inc. declined 12.9% to $20.64 after a 25% rise on Thursday [4] - Bonk, Inc. fell 10.4% to $3.55 after a 42% increase on Thursday due to acquisition news [4] - J B Hunt Transport Services Inc fell 4.2% to $197.86, reporting mixed financial results for the fourth quarter [4] - QXO Inc dipped 3.5% to $24.14 after announcing a $750 million stock offering and preliminary fourth-quarter net sales of $2.19 billion [4]

Company Overview - Intelligent Bio Solutions Inc. (NASDAQ:INBS) announced plans to raise $10 million through a private placement, leading to a significant drop in its share price [1] - Following the announcement, shares of Intelligent Bio fell 19.7% to $7.65 [1] Stock Movements - Lavoro Limited (NASDAQ:LVRO) saw a substantial increase of 181%, reaching $1.2900 [4] - Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) rose 57.7% to $5.32 after issuing FY26 guidance, expecting US net sales of Linzess to be between $1.125 billion and $1.175 billion [4] - Brand Engagement Network, Inc. (NASDAQ:BNAI) jumped 56% to $3.6290 after entering a Vendor Services Project Agreement with a global advertising agency [4] - ChowChow Cloud International Holdings Limited (NYSE:CHOW) increased by 39.7% to $0.8500 due to year-over-year revenue and net income growth in H1 2025 [4] - Sidus Space, Inc. (NASDAQ:SIDU) gained 29% to $4.0314, marking a 470% surge over the past month [4] - Baidu, Inc. (NASDAQ:BIDU) rose 12.1% to $146.57 after announcing a proposed spin-off and Hong Kong listing of its AI unit [4] Declines - Outlook Therapeutics, Inc. (NASDAQ:OTLK) experienced a significant decline of 58% to $0.6632 after receiving a complete response letter from the FDA regarding its biologics license application [4] - ESH Acquisition Corp. (NASDAQ:ESHA) fell 23.5% to $14.68 [4] - Nuvve Holding Corp. (NASDAQ:NVVE) declined 15.3% to $2.1500 after announcing the closing of a private placement [4]

Core Insights - Brand Engagement Network (BNAI) shares more than doubled after securing a significant contract with a leading advertising agency to develop a custom AI engagement solution for a top-10 pharmaceutical firm [1][3][4] Financial Impact - The contract is expected to generate $250,000 in development revenue for BNAI in the final quarter of the year, with recurring license fees anticipated to begin in 2026 [3] Market Position - The agreement highlights BNAI's capability to enter high-barrier, regulated industries, showcasing commercial validation for its technology platform [4] - Despite the recent surge, BNAI shares are still down approximately 75% year-to-date, indicating potential volatility as it remains a penny stock [2][5] Technical Analysis - The stock has surpassed its 61.8% Fibonacci retracement level, suggesting a potential upward trajectory towards $10 [5] - The 9-day relative strength index (RSI) is at 49, indicating room for further rally without reaching overbought conditions [6] Strategic Initiatives - BNAI's broader AI healthcare strategy includes an exclusive licensing partnership in Latin America and the planned launch of Skye Salud in Mexico, extending beyond the current contract [6]