Core Viewpoint - Brand Engagement Network, Inc. has terminated a $50 million Standby Equity Purchase Agreement, which strengthens its balance sheet and reduces potential dilution for shareholders [1]. Group 1: Termination of Agreement - The termination of the Standby Equity Purchase Agreement with YA II PN, Ltd. was effective immediately, with no outstanding obligations or advances under the facility [1]. - The company had utilized the facility for only one drawdown since the 1-for-10 reverse stock split that took effect on December 12, 2025 [1]. Group 2: Financial Position - Brand Engagement Network recently closed the first installment of a $1.518 million premium private placement and expects remaining closings in February and March 2026 [1]. - As of the announcement date, the company has approximately 5,834,052 shares outstanding, with about 3,377,446 shares in the public float [1]. - Recent warrant exercises, debt conversions, and premium private placements have contributed to strengthening the company's balance sheet while minimizing dilution [1]. Group 3: Company Focus - The company aims to maintain a disciplined capital strategy and a clean capital structure as it scales revenue-generating deployments [1].

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]

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 Points - Brand Engagement Network Inc. (BEN) will implement a 1-for-10 reverse stock split effective December 12, 2025, at 12:01 a.m. Eastern Time [1] - The reverse stock split will not affect the number of authorized shares or the par value of the common stock [1] - Post-split, the common stock will continue trading on The Nasdaq Capital Market under the ticker symbol "BNAI" [2] - No fractional shares will be issued; stockholders entitled to fractional shares will receive cash payments based on the closing price prior to the effective time [3] - Continental Stock Transfer & Trust Company will act as the exchange agent for the reverse stock split, with automatic adjustments for stockholders holding shares in book-entry or through a broker [4] Company Overview - Brand Engagement Network, Inc. (BEN) specializes in developing conversational AI agents for regulated and customer-centric industries [5] - The company utilizes its proprietary Engagement Language Model (ELM™) to enable enterprises to deploy multimodal, compliance-first AI across various channels [5] - BEN holds 21 issued patents and has a growing intellectual property portfolio, with early adoption in sectors such as life sciences, healthcare, insurance, financial services, hospitality, retail, and automotive [5]

Core Insights - Brand Engagement Network, Inc. (BEN) has completed a strategic partnership with SKYE Inteligencia LATAM, S.A.P.I. de C.V. to enhance AI solutions in regulated markets [1][2] - The partnership aims to leverage BEN's Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) to provide compliant AI solutions, addressing data sovereignty mandates in Latin America [1][2] Company Overview - BEN specializes in developing conversational AI agents tailored for regulated industries, utilizing its proprietary ELM™ technology [3] - The company holds 21 issued patents and is positioned at the intersection of enterprise AI and regulatory demand [3] Partnership Details - The partnership includes a $5 million preferred equity contribution from SKYE LATAM to BEN, recognized as IP licensing revenue [5] - BEN will hold a 25% common stock ownership in SKYE LATAM and a board seat, along with a 35% revenue share on software, SaaS, services, and subscriptions across all industries [5] - The agreement grants exclusive government-sector licensing rights in Latin America and Spain, with non-exclusive rights in other verticals [5] Market Context - The partnership is expected to drive AI adoption in Latin America, a region with over 663 million people, and is seen as a significant step in the digital transformation of the area [2] - The collaboration is positioned to empower governments and enterprises to modernize while adhering to local data laws, thus leading the AI revolution in Latin America [2]

Core Insights - Brand Engagement Network Inc. (BEN) reported significant financial improvements in Q2 2025, highlighting a focus on cost reduction and strategic management actions to foster long-term growth [1][8]. Strategic Achievements - The Acting CEO emphasized the company's commitment to strengthening its foundation through disciplined management and cost reductions, which are essential for sustainable growth [1]. - The Innovation Lab in Seoul is pivotal in driving product innovation, particularly in conversational AI, contributing to the company's global success [1]. Financial Highlights - Revenue for Q2 2025 reached $5,000, a notable increase from zero in Q2 2024, indicating early traction in conversational AI solutions [8]. - Operating expenses decreased by 55.6% to $2.8 million from $6.3 million in Q2 2024, attributed to streamlined operations and strategic cost optimization [8]. - Other income amounted to $3.7 million, primarily from a $4.0 million gain on debt extinguishment, partially offset by changes in warrant fair value [8]. - The company achieved a net income of $0.9 million in Q2 2025, a turnaround from a net loss of $3.0 million in Q2 2024 [8]. - Stockholders' equity increased by 126% to $5.9 million from $2.6 million at year-end 2024, reflecting improved financial health [8]. Company Overview - BEN specializes in developing conversational AI agents tailored for regulated and customer-centric industries, utilizing its proprietary Engagement Language Model (ELM™) [10]. - The company holds 21 issued patents and has a growing intellectual property portfolio, with early adoption across various sectors including life sciences, healthcare, and financial services [10].

Core Insights - Brand Engagement Network Inc. (BEN) has appointed Janine Grasso as Interim Chief Executive Officer, succeeding Paul Chang, who will remain on the Board of Directors [1][4] - Grasso has over 20 years of experience in technology-driven organizations, including leadership roles at DocuSign, Verizon, and IBM, which positions her well to guide BEN's growth [2][3] - BEN has reduced its total liabilities by $4.25 million in the second quarter, reflecting a focus on operational discipline and long-term value creation [4] - The company is advancing its acquisition of Cataneo, expected to enhance its platform capabilities and international presence, with completion anticipated later this summer [5] Company Overview - BEN specializes in AI-powered customer engagement solutions, utilizing its proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture for personalized interactions [7] - The company serves various industries, including life sciences, automotive, and retail, and is committed to compliance with GDPR, CCPA, HIPAA, and SOC 2 Type 1 standards [7] - BEN holds 21 patents and has 28 pending, showcasing its dedication to advancing AI-driven consumer engagement [7]

Core Viewpoint - Brand Engagement Network Inc. (BEN) has secured a $3.5 million line of credit to enhance liquidity and support its growth strategy [1][2][3] Financial Agreement - The line of credit allows BEN to draw up to $3.5 million until December 5, 2025, with a fixed interest rate of 10.0% per annum [2] - No amounts have been drawn under the facility as of the announcement date [2] Strategic Implications - The CFO and COO of BEN, Walid Khiari, emphasized that this credit facility will strengthen liquidity and aid in scaling operations and executing long-term growth strategies [3] - The agreement includes standard terms and conditions, including events of default related to nonpayment and insolvency [3] Company Overview - Brand Engagement Network Inc. specializes in AI-driven customer engagement solutions, utilizing proprietary technologies like Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture [4] - The company serves various industries, including life sciences, automotive, and retail, and is committed to compliance with regulations such as GDPR and HIPAA [4] - BEN holds 21 patents and has 28 pending, showcasing its dedication to advancing AI-driven consumer engagement [4]

Core Viewpoint - Brand Engagement Network Inc. (BEN) reported a strong start to 2025 with the launch of its iSKYE platform and strategic partnerships, highlighting the increasing demand for secure and scalable AI solutions [2][3]. Group 1: Business Highlights - The iSKYE platform was officially launched, providing businesses with a customizable and scalable AI solution that integrates seamlessly with existing processes, featuring customizable 3D avatars and enterprise-grade security [7]. - BEN formed a global AI insurance partnership with Swiss Life Global Solutions to enhance digital health and financial wellbeing services, aiming to streamline insurance sales and improve member services [7]. - The company expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors across Latin America and Southern Europe, unlocking new revenue opportunities in high-growth markets [7]. - BEN is advocating for responsible AI privacy standards, supporting proposed legislation to prevent the offshore storage of sensitive user data, reinforcing its commitment to secure AI systems [7]. Group 2: Financial Performance and Future Outlook - The company will host a conference call to discuss its financial performance and strategic outlook, led by CEO Paul Chang and CFO Walid Khiari [4].