Core Viewpoint - Brand Engagement Network Inc. (NASDAQ:BNAI) is implementing a 1-for-10 reverse stock split on December 12, 2025, to consolidate shares and potentially improve market perception of the stock [1]. Group 1: Reverse Stock Split Details - The reverse stock split will not change the number of authorized shares or the par value of BNAI's common stock, meaning the overall structure remains unchanged despite a decrease in shares held by investors [2]. - The stock will continue trading on the Nasdaq Capital Market under the same symbol, BNAI, but will have a new CUSIP number, 104932 207 [2]. Group 2: Current Stock Performance - BNAI is currently priced at $0.26, with a decrease of 6.09% today, and has traded between $0.26 and $0.28 during the day [3]. - Over the past year, BNAI has experienced a high of $1.18 and a low of $0.23, indicating volatility in its trading pattern [3]. Group 3: Market Capitalization and Trading Volume - BNAI's market capitalization is approximately $11.97 million, with a trading volume of 1,537,663 shares [4]. - The reverse stock split may impact these figures by altering the stock's price and trading dynamics, and no fractional shares will be issued; instead, stockholders entitled to fractional shares will receive a cash payment [4].
Brand Engagement Network Inc. (NASDAQ:BNAI) Announces 1-for-10 Reverse Stock Split