BEN (Nasdaq: BNAI) Reduces Q4 2025 Liabilities by Approximately $2.5 Million Through Debt Conversions

Core Insights - Brand Engagement Network, Inc. (BEN) has successfully reduced its outstanding liabilities by approximately $2.5 million in Q4 2025 through various financial strategies [1][4]. Debt-to-Equity Conversions - On December 20, 2025, long-term investors converted a total of $1,250,004 of debt and other liabilities into equity at a conversion price of $2.10 per share, which included $899,934 in loans and $350,070 in short-term liabilities [2]. - Additionally, on December 18, 2025, the company converted $504,684 of affiliate debt into equity at the same conversion price of $2.10 per share [2]. Other Liability-Reduction Initiatives - The company also executed a $250,010 reduction in accounts payable and satisfied vendor-related obligations totaling approximately $487,306 during the quarter [3]. - Collectively, these actions contributed to a total reduction of approximately $2,492,004 in outstanding liabilities for the fourth quarter of 2025 [4]. Strategic Implications - The company believes that these actions will strengthen its capital structure and enhance long-term operational and strategic flexibility [4].