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Brand Engagement Network Inc. 8-K Filings

BNAI NASDAQ

Every 8-K that Brand Engagement Network Inc. (BNAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow BNAI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BNAI filings page.

Rhea-AI Summary

Brand Engagement Network Inc. (BNAI) entered into a private Securities Purchase Agreement on September 21, 2026 to raise $1,051,025 through the sale of 123,650 common shares at $8.50 per share, a price more than 20% above the September 21 closing price of $7.07. The commitment is split equally between BEN Capital Fund I, LLC and Joseph Bevash.

The company received an initial $150,025 for 17,650 shares at closing, with the remaining $901,000 to be funded in five equal monthly installments through February 5, 2027. Each funded tranche includes 100% warrant coverage: six‑month warrants at $8.50 per share, exercisable for up to an additional 123,650 shares in total, issued under Securities Act exemptions with piggy-back registration rights on the next Form S-1.

Rhea-AI Summary

Brand Engagement Network Inc. (BNAI) filed a second amendment to its June 30, 2026 current report to add the required audited and unaudited financial statements of Cataneo GmbH and unaudited pro forma combined financial information for the Cataneo acquisition. Cataneo, an enterprise software provider to the media and broadcasting industry, generated $9.6 million of revenue and $202,316 of net income in 2025, with operating cash flow of $1.85 million, and had total contract liabilities of $4.53 million as of December 31, 2025. For the three months ended March 31, 2026, Cataneo reported revenue of $2.50 million, net income of $172,934, and operating cash flow of $621,709. The preliminary purchase price for the acquisition is allocated at $13.7 million, including $9.0 million in cash and $4.36 million in BNAI stock, yielding preliminary goodwill of about $11.5 million. Pro forma statements show that, if combined from January 1, 2025, BNAI and Cataneo would have reported a net loss of $9.74 million for 2025 and $3.87 million for the first quarter of 2026.

Rhea-AI Summary

Brand Engagement Network Inc. (BNAI) reported that on August 27, 2026 it issued 15,138 shares of common stock to BEN Capital Fund I, LLC upon the cash exercise of previously issued warrants, generating $259,125.60 in aggregate cash proceeds. Of these, 15,126 shares were issued at an exercise price of $17.10 per share and 12 shares at $39.25 per share, and none of the exercised warrants remain outstanding after this transaction. The shares were issued as restricted securities in reliance on Section 4(a)(2) of the Securities Act of 1933 and/or Regulation D, meaning they cannot be freely resold in the United States without registration or an applicable exemption.

Rhea-AI Summary

Brand Engagement Network Inc. reported second-quarter 2026 results and highlighted the closing of its acquisition of Germany-based media and ad-tech company Cataneo GmbH on June 30, 2026. The total stated aggregate consideration under the agreement was $19.5 million, with U.S. GAAP consideration measured at a fair value of approximately $13.7 million, including about $9 million in cash, $4.3 million in common stock, and $0.4 million of other consideration.

The Cataneo acquisition nearly doubled total assets from $15.3 million on December 31, 2025, to $30.7 million on June 30, 2026, driven largely by roughly $10.8 million of goodwill and additional intangible assets. Management also cites an approximate $3.3 million reduction in accounts payable, short-term debt, and warrant liabilities, with shareholders’ equity increasing to $19.4 million. The company scheduled an earnings call for August 27, 2026, to discuss these developments and its Form 10-Q for the period ended June 30, 2026.

Rhea-AI Summary

Brand Engagement Network Inc. reports that operations acquired through its June 30, 2026 purchase of Cataneo GmbH generated approximately $5.3 million in revenue for the first half of 2026, based on preliminary unaudited information. This represents what management calls a dramatic step-up in scale, compared with previously reported quarterly revenue of $104,311 in the first quarter of 2026 and $10,000 or lower in comparable prior-year periods, significantly expanding the company’s revenue run-rate and commercial footprint.

Management highlights a positive operating contribution from the acquired operations and expects approximately $900,000 in annualized cost synergies over the twelve-month period ending June 30, 2027 through consolidations and related exits, which are anticipated to support improved operating leverage as integration progresses. Because the acquisition closed on the final day of the second quarter, Cataneo’s first-half results will be consolidated only from the acquisition date, with updated consolidated figures to be provided in upcoming SEC periodic reports. All figures are preliminary and unaudited and may change after completion of closing procedures and external review, and the synergy expectations are forward-looking and subject to the stated risks.

Rhea-AI Summary

Brand Engagement Network Inc. reported several July 2026 equity transactions that added approximately $460,867.30 in gross cash proceeds and converted about $328,150 of obligations into common stock, for a total balance sheet improvement of roughly $789,017.30 as of July 22, 2026.

Activities included a Conversion Agreement under which BEN Capital Fund I, LLC exchanged $53,150 of advances for 4,011 shares at $13.25 per share, a Stock Purchase Agreement exercise of $150,044.40 for 8,420 shares at $17.82 per share, shareholder warrant exercises generating $310,822.90, and conversion of $275,000 of deferred compensation owed to Chief Executive Officer Tyler Luck into 20,754 shares issued to October 3d Holdings, LLC under the Long-Term Incentive Plan. The equity conversions did not require additional cash expenditures for the converted amounts.

Rhea-AI Summary

Brand Engagement Network Inc. appointed Christian Unterseer to its Board of Directors, effective July 1, 2026, in connection with the previously announced acquisition of Cataneo GmbH. Unterseer founded Cataneo in September 2002 and built it into an enterprise platform serving leading media organizations across international markets.

He previously served as chief executive officer of Home Shopping Europe UK from 2000 until July 2002 and earlier as Director, Ad Traffic & Broadcast Scheduling at ProSiebenSat1 Media AG. He will receive equity compensation for his director service under the Company’s Board compensation policy, subject to vesting. The Company states there are no special arrangements, family relationships, or related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a new employment agreement with Chief Executive Officer Tyler Luck. The term runs from June 1, 2026 through June 1, 2029. The company may terminate the agreement only for Good Cause, with Mr. Luck entitled to continued base salary for the longer of the remaining term or one year; Mr. Luck may resign on 30 days’ notice.

The agreement provides a $360,000 annual base salary, a one-time $125,000 payment for interim CEO service from September 14, 2025 to June 1, 2026, and a one-time $150,000 bonus for 2025 services. It also grants a non-qualified option for 100,000 shares, vesting 25,000 at signing and 25,000 on each of June 1, 2027, 2028 and 2029. Additional performance-based incentives include a cash bonus equal to three times annual base salary if the company is listed on the Russell 1000 Growth Index, a cash bonus equal to 5% of gross patent licensing revenue in any year such revenue is at least $10 million, and RSUs that vest upon achieving $1.0 billion, $2.0 billion and $3.0 billion market capitalization thresholds based on a 20-day trading average.

Rhea-AI Summary

Brand Engagement Network Inc. filed an amended report to correct the share component of its previously disclosed acquisition of Cataneo GmbH. The company agreed to acquire all of Cataneo’s equity interests for an aggregate purchase price of $19.5 million, made up of $9 million in cash and 277,190 shares of common stock valued at $37.88 per share. Of these, 255,014 shares were issued at closing and 26,400 shares were placed in escrow under the purchase agreement. The acquisition closed on June 30, 2026. Cataneo generated revenue of €8,636,708 for fiscal year 2025. Brand Engagement Network paid $1 million in cash at signing and funded the remaining consideration through a sale of common stock at $39.59 per share and warrants exercisable in one year at an exercise price of $39.59 per share.

Rhea-AI Summary

Brand Engagement Network Inc. completed its acquisition of Cataneo GmbH for an aggregate purchase price of $19.5 million, paid as $9 million in cash plus 250,792 shares of common stock valued at $37.88 per share. Cataneo generated €8,636,708 in 2025 revenue and is described as a profitable enterprise software provider with recurring revenue. Brand Engagement Network funded the bulk of the deal through a private sale of common stock at $39.59 per share and warrants exercisable at $39.59, relying on a Section 4(a)(2) exemption. Management highlights the acquisition as expanding its enterprise AI platform by adding Cataneo’s MYDAS advertising operations software, long-standing media customers, and infrastructure that manages more than €6 billion in annual advertising inventory.

Rhea-AI Summary

Brand Engagement Network Inc. reported unregistered sales of equity and provided a capital update for the second quarter of 2026. The company raised aggregate gross proceeds of approximately $7,363,098 through equity issuances and warrant exercises, including a small debt conversion, which together reduced liabilities by about $376,098 and strengthened its balance sheet.

The company also announced its addition to the Russell 3000® and Russell 2000® Indexes as part of the annual Russell U.S. Index reconstitution. The new index memberships became effective after market close on June 26, 2026, with trading in the reconstituted indexes beginning June 29, 2026.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a Share Purchase and Transfer Agreement to acquire all equity interests of Cataneo GmbH for an aggregate purchase price of $19.5 million. The price includes $9 million in cash and 250,792 shares of common stock valued at $37.88 per share as Equity Consideration.

An aggregate of 26,399 shares will be held in escrow for one year after closing. The company reports that all seller and Cataneo closing conditions have been satisfied, it has paid a $1 million cash advance and secured needed capital commitments. Upon closing, seller representative Christian Unterseer is expected to join the board, supporting leadership continuity.

Rhea-AI Summary

Brand Engagement Network Inc. entered a material definitive agreement to form INTERVENT Health AI, Inc., a 50/50 healthcare AI joint venture with INTERVENT International, LLC. The venture will combine BEN’s conversational AI with INTERVENT’s clinical datasets and health coaching methods to create AI-powered health coaching products.

Under related reseller and services arrangements, BEN’s subsidiary SKYE AI USA, LLC will be the exclusive provider of certain AI platform and technology services in North America for five years, subject to performance milestones. BEN is entitled to receive 35% of specified INTERVENT Health AI revenues, while the joint venture is expected to receive 50% of gross revenues from Latin American and African sales after commissions and expenses.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a Securities Purchase Agreement with BEN Capital Fund I, LLC and Joseph Bevash for a private placement of 56,150 common shares at $17.82 per share, generating gross proceeds of $1,000,593. The company plans to use these funds to exercise a warrant to purchase 243,309 shares of Hightide Energy, Inc. d/b/a Accelevate Solutions.

Separately, Brand Engagement Network completed a $1 million strategic investment in Accelevate, giving it an ownership stake of approximately 10% and a warrant that is expected to increase its ownership to about 20% as exercised. An additional $1 million equity capital commitment at $17.82 per share, at a premium of over 20% to the May 29, 2026 closing price, will be funded in monthly installments through November 2026 to support warrant exercises.

Rhea-AI Summary

Brand Engagement Network Inc. completed a strategic equity investment in HighTide Energy, Inc. d/b/a Accelevate Solutions tied to a broader commercial collaboration in the commercial fleet sector. The company purchased 243,309 Accelevate common shares at $4.11 per share for a total of $1,000,000 and received a one-year warrant to buy an additional 243,309 shares at the same price. The company has stated its intent to exercise this warrant, which would represent another $1,000,000 investment. Part of the purchase price, $250,101, was paid at signing of an earlier letter agreement and $749,899 was paid by wire transfer on June 3, 2026.

Rhea-AI Summary

Brand Engagement Network Inc. reported that its wholly owned subsidiary, Datum Point Labs, was granted U.S. Patent No. 12,633,027 on May 19, 2026, covering “Systems and Methods for Gesture Generation From Text.”

The patent describes a multi-stage AI system that transforms natural language into internal action representations and then into coordinated body positions and gesture sequences using layered motion decoders and control tokens. This is intended to let avatars, digital humans, and AI agents respond with lifelike gestures based on text or speech input.

The company believes this technology can be applied to digital humans and virtual assistants, robotics, gaming and entertainment, metaverse environments, AI-based education and training, and telepresence or customer interaction platforms.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a definitive Reseller Agreement with HighTide Energy, Inc. d/b/a Accelevate Solutions for a strategic commercial collaboration in Africa. Through its subsidiary SKYE AI USA, LLC, the company obtained exclusive rights across the entire African continent for an initial five-year term.

Exclusivity can be renewed annually if minimum revenue thresholds are met, tying long-term access to performance. The licensor of the technology is entitled to 35% of gross revenue from related sales, excluding hardware, and the parties will operate under a joint Pricing Committee with standard indemnification and confidentiality provisions.

Rhea-AI Summary

Brand Engagement Network Inc. is deepening its relationship with Accelevate Solutions through new reseller agreements and a planned equity investment. The company executed two definitive Reseller Agreements that expand its AI engagement technology into commercial fleet operations.

Through subsidiary Grupo SKYE, BEN obtained exclusive rights to resell its technology in Mexico for an initial five-year term, and through Skye AI USA, it signed a global reseller agreement excluding Mexico and Latin America. Under these contracts, the technology licensor receives 35% of gross revenue from related sales, excluding hardware, and a joint Pricing Committee will govern pricing.

BEN will make a $1,000,000 strategic investment in Accelevate based on an $8,000,000 pre-money valuation. In return, it receives one-year warrants with 100% coverage at strike prices tied to $10,000,000–$12,500,000 valuations, the right to appoint one Accelevate board member, and a right of first refusal to acquire Accelevate under any bona fide third-party offer.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a definitive agreement to acquire Cataneo GmbH for an aggregate purchase price of $19.5 million, paid in $9 million cash and 250,792 shares of common stock valued at $37.88 per share. An additional 26,399 shares will be held in escrow for one year to cover potential post‑closing claims. The transaction is expected to close on June 30, 2026, subject to conditions including Nasdaq listing status, third‑party approvals, a change to Cataneo’s fiscal year, and completion of due diligence. BEN has already advanced $1 million and secured $8 million in capital commitments, including $500,000 raised via common stock and warrants at $39.59 per share.

Rhea-AI Summary

Brand Engagement Network Inc. entered a Securities Purchase Agreement with BEN Capital Fund I, LLC for a private placement of 25,492 common shares at $39.25 per share, generating gross proceeds of $1,000,561. The price equals 120% of the company’s April 21, 2026 closing share price, indicating a premium transaction.

The investment is split into two installments of $250,101, which closed on April 21, 2026, and $750,460, expected to close before May 29, 2026. The agreement includes 100% warrant coverage, granting the investor additional potential upside. Separately, the company reports $1,114,164 of cash proceeds from warrant exercises during April, further strengthening liquidity.

Rhea-AI Summary

Brand Engagement Network, Inc. entered into a letter agreement to pursue a strategic investment and commercial collaboration with Accelevate Solutions focused on AI in live fleet operations. The Company expects to invest up to $1,000,000 in Accelevate, including an initial $250,000 to support commercialization and deployment and a second installment of $750,000 upon completion of definitive agreements.

The transaction structure contemplates acquiring equity interests in Accelevate under a subscription agreement and a common share purchase agreement, based on a proposed pre-money valuation of $8,000,000, with warrant coverage and the right to appoint an Accelevate board member. The deal is subject to due diligence, negotiation, and execution of definitive agreements, and the Company is not obligated to close until then.

Separately, Brand Engagement Network highlighted a newly granted U.S. patent supporting its AI-driven, real-time messaging and decisioning capabilities in dynamic environments. Together with Accelevate’s fleet analytics platform, this collaboration is intended to extend BEN’s AI engagement technology into commercial fleet markets, creating a potential new recurring-revenue channel once fully implemented.

Rhea-AI Summary

Brand Engagement Network Inc. reports that during the quarter ended March 31, 2026, it strengthened its balance sheet by approximately $7,056,480. This came from $6,173,946 in cash proceeds from financing and additional non-cash items.

Cash inflows included $4,472,051 from the exercise of outstanding warrants, $1,518,000 under a previously disclosed stock purchase agreement, and $183,895 from a stock purchase agreement (SEPA) before its termination. The company also recorded about $95,065 in vendor credits and settlements and completed $787,469 in debt-to-equity conversions, which reduced obligations without using cash.

Rhea-AI Summary

Brand Engagement Network Inc. reported board leadership changes following the end of a director’s term. On March 20, 2026, Bernard Puckett notified the board that he will step down as Chairman and resign as a director, effective March 31, 2026. The company states that his departure is not due to any disagreement regarding operations, policies, or practices.

The board has appointed independent director Jon Leibowitz as Chairman of the Board, effective April 1, 2026. Leibowitz currently chairs the Nominating and Corporate Governance Committee and serves on the Audit Committee, and previously held senior roles at the Federal Trade Commission, including Chairman. The company highlights his experience in corporate governance, regulatory policy, and consumer protection as support for its ongoing strategic oversight.

Rhea-AI Summary

Brand Engagement Network, Inc. completed the third and final closing of a private equity financing with Ben Capital Fund I, LLC. The company received a final installment of $506,000, bringing total gross proceeds under the Securities Purchase Agreement to $1,518,000.

The financing involved the sale of 24,000 shares of common stock at $63.25 per share, funded in three equal installments of $506,000 each. The shares were sold as an unregistered offering in reliance on Section 4(a)(2) of the Securities Act of 1933 and applicable state securities laws.

Rhea-AI Summary

Brand Engagement Network Inc. filed an amended report to confirm it has closed its previously announced AI licensing partnership in Africa. The transaction includes a $2.050 million AI licensing agreement and creates Skye Africa Intelligence Pty Ltd as the operating entity for deploying the company’s conversational AI in select African markets.

The partnership was formed with Valio Technologies (Pty) Ltd, based in Johannesburg, South Africa. As part of the closing, Chief Executive Officer and Co-Founder Tyler Luck has been appointed to the Board of Directors of Skye Africa Intelligence Pty Ltd on behalf of the company.

Rhea-AI Summary

Brand Engagement Network, Inc. reported that on February 4, 2026 it terminated its Standby Equity Purchase Agreement with YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP. This facility had allowed the company to sell up to $50.0 million of common stock over time.

The company elected to end the arrangement effective immediately, and the termination did not trigger any material early termination penalties or continuing obligations. Since a 1-for-10 reverse stock split effective December 12, 2025, the company completed one drawdown under this equity facility.

Rhea-AI Summary

Brand Engagement Network, Inc. entered into a Securities Purchase Agreement with Ben Capital Fund I, LLC for a private placement of 24,000 common shares at $63.25 per share, for total gross proceeds of $1,518,000, funded in three equal closings on January 30, 2026, February 25, 2026, and March 25, 2026, with no warrant coverage.

The company also received $818,302 in cash from the exercise of 33,653 outstanding warrants at prices of $25.00, $37.00 and $3.70 per share. On January 29, 2026, it repaid $640,332.46 of indebtedness, including $630,332.46 to Hana Bank, fully satisfying obligations under a prior asset purchase agreement.

Rhea-AI Summary

Brand Engagement Network, Inc. reported that holders exercised previously issued, registered warrants for a total of 48,702 shares of common stock. These exercises generated cash proceeds of $1,315,974, at exercise prices between $25.00 and $37.00 per share, with all shares issued under an effective registration statement.

After these issuances, the company estimates it has approximately 5,827,216 shares of common stock outstanding and an estimated public float of about 3,129,047 shares, both described as unaudited figures.

Rhea-AI Summary

Brand Engagement Network, Inc. reported that on January 27, 2026 it issued 93,313 new common shares through warrant and equity award exercises and a debt conversion. The company received $1,456,332 in cash from exercises with strike prices between $16.58 and $37.00 per share and converted $737,500 of outstanding debt into equity at an average conversion price of about $23.51 per share.

After these private, unregistered transactions, total common shares outstanding are estimated at about 5,778,514, with a public float of roughly 3,129,047 shares. The company also reminded investors that, after a 1-for-10 reverse stock split effective December 12, 2025, its public warrants now have a $115.00 exercise price and cover 1,644,096 shares, which, if fully exercised, would generate approximately $189,071,000 in gross proceeds.

Rhea-AI Summary

Brand Engagement Network, Inc. reported that on January 27, 2026 it issued 93,313 common shares through a mix of warrant and equity incentive exercises and conversion of debt. These private issuances were made under Securities Act exemptions and did not involve a public offering.

The company received $1,456,332 in cash from warrant, ISOP and LTIP exercises with strike prices between $16.58 and $37.00 per share, and converted $737,500 of debt at an average price of about $23.51 per share. After these transactions, total common shares outstanding are estimated at 5,778,514 and public float at 3,129,047 shares. The company also updated investors on its public warrants, which after a 1-for-10 reverse split now total 1,644,094 with an exercise price of $115.00 per share; full exercise would generate roughly $189,071,063 in gross proceeds.

Rhea-AI Summary

Brand Engagement Network Inc. entered into a material strategic licensing and investment arrangement with Valio Technologies (Pty) Ltd and a new South Africa–based entity. Under this agreement, the company will receive a $2,050,000 preferred equity contribution, which it will recognize as intellectual property licensing revenue. In return, Brand Engagement Network will hold 25% common equity in the new entity, secure one board seat, and earn a 35% revenue share on software, SaaS, services, and subscription revenues.

The new entity receives an exclusive, perpetual license to deploy Brand Engagement Network’s technology across government and private-sector markets in Africa, with customary rights of first refusal on any sale. Separately, the company and Valio signed a non-binding memorandum of understanding with Nelson Mandela University for an AI pilot focused on student well-being, which does not create any material financial obligation for the company.

Rhea-AI Summary

Brand Engagement Network, Inc. disclosed that it entered into a Vendor Services Project Agreement on December 19, 2025 with a leading global advertising and communications agency, which is part of one of the world’s largest advertising holding companies. The project covers development of a custom AI engagement communication solution supporting a prescription pharmaceutical product for a top-10 global pharmaceutical client of the agency.

The company expects to recognize $250,000 in revenue in the fourth quarter of 2025 from development services under two Statements of Work, subject to performance and acceptance. It also anticipates beginning monthly recurring license fees in the first quarter of 2026 once the AI solution is fully implemented and deployed.

Rhea-AI Summary

Brand Engagement Network, Inc. entered into conversion agreements with several long-term investors, turning $1,250,004 of loans and short-term liabilities into common stock at $2.10 per share. Certain investors, including BEN Capital Fund I, LLC and others, also received matching numbers of short-term warrants exercisable at $2.10 per share, expiring in 90 days.

Alongside an earlier conversion of $504,684 at the same share price and additional negotiated settlements, the company reports reducing accounts payable by $250,010 and fully satisfying vendor obligations exceeding $487,306. In total, these steps lowered outstanding liabilities by $2,492,004 for Q4 2025, replacing various obligations with equity held by existing stakeholders.

Rhea-AI Summary

Brand Engagement Network, Inc. reported that BEN Capital Fund One LLC converted $504,684 of matured debt into common stock at a conversion price of $2.10 per share, fully satisfying the related principal, accrued interest, and loan fees. The equity issuance was conducted as an unregistered private transaction relying on Section 4(a)(2) of the Securities Act and/or Regulation D.

Through this conversion, the company extinguished more than $500,000 of indebtedness owed to BEN Capital Fund 1 LLC. In addition, it previously reduced outstanding liabilities via settlements and payments with third parties, including a $250,010 reduction in accounts payable and satisfaction of vendor-related obligations exceeding $487,452. Taken together, these steps reduced outstanding liabilities by more than $1.24 million, easing the company’s debt and vendor burden.

Rhea-AI Summary

Brand Engagement Network Inc. reported that on December 11, 2025 it issued a press release announcing the formation of Skye Salud and a strategic partnership with KNOBLOCH Information Group and Skye Inteligencia LATAM.

The press release is furnished as Exhibit 99.1 and incorporated by reference, providing additional details on the creation of Skye Salud and the related strategic collaboration.

Rhea-AI Summary

Brand Engagement Network (BNAI) entered into a Reseller Agreement and a Shareholder Agreement with SKYE Inteligencia LATAM to commercialize BEN’s AI technology across Latin America and Spain.

Under the Shareholder Agreement, SKYE LATAM provided a $5,000,000 preferred capital contribution to BEN, recognized as intellectual property licensing revenue under U.S. GAAP. BEN received 25% of SKYE LATAM’s common stock and a board seat, along with pre-emptive, tag‑along, drag‑along, and information rights. Dividends, capital increases, and share issuances are restricted until the $5,000,000 contribution is fully paid or capitalized.

Under the Reseller Agreement, SKYE LATAM is the exclusive reseller for the government sector in the territory and has non‑exclusive rights in other industries. BEN is entitled to 35% of gross revenues from software, SaaS, services, and subscriptions across all industries in the territory. The agreements include standard non‑compete terms and a right of first refusal on any sale of SKYE LATAM’s controlling interest or substantial assets. The prior Vybroo reseller agreement will be assigned to SKYE LATAM.

Rhea-AI Summary

Brand Engagement Network (BNAI) furnished an update on October 14, 2025, announcing financial results for the quarter and year ended June 30, 2025. The company provided a press release as Exhibit 99.1 and prepared remarks as Exhibit 99.2. The information was furnished, not filed, meaning it is not subject to Section 18 liability and is only incorporated by reference where expressly stated.

Rhea-AI Summary

Brand Engagement Network Inc. filed a report describing the termination of its planned acquisition of Cataneo GmbH and a change to its board. The company and the Cataneo sellers ended the Share Purchase and Transfer Agreement under which Brand Engagement Network would have acquired all of Cataneo’s equity for an aggregate cash and stock price of $19.5 million.

Following several amendments that included non‑refundable down-payments and a contractually defined withdrawal right for the sellers, the sellers delivered a withdrawal notice on September 14, 2025. In connection with the termination, the company will make a final payment of $100,000, bringing total non‑refundable payments tied to the deal to approximately $650,000, and each side otherwise bears its own expenses. Confidentiality obligations under the agreement continue, while exclusivity and similar undertakings have lapsed.

The report also notes that the board appointed Ruy Carrasco, M.D., the company’s Chief Medical Informatics Officer, as a director, without additional compensation and not independent under Nasdaq rules due to his employment. The company states that not proceeding with the Cataneo acquisition allows greater focus on core growth programs and active customer deployments, while it continues to evaluate selective strategic opportunities.

Rhea-AI Summary

Brand Engagement Network Inc. reported that it received a notice from Nasdaq on August 21, 2025 for failing to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. The notice states the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) and gives it until October 20, 2025 to regain compliance by filing the report or submitting a compliance plan.

If a plan is submitted and accepted, Nasdaq may grant up to February 17, 2026 for the company to regain compliance. The notice does not immediately affect the listing of the company’s common stock on Nasdaq. The company intends to file the delayed quarterly report as soon as possible and has also issued a press release describing the notice.

Rhea-AI Summary

Brand Engagement Network Inc. (BNAI) filed a Form 8-K to disclose that Nasdaq has granted a second 180-day extension, through 29 December 2025, to regain compliance with the $1.00 minimum bid-price rule. The previous compliance window ended on 30 June 2025 after the Company’s shares traded below $1.00 for 30 consecutive business days.

To secure the extension, BNAI must also show shareholders’ equity above $5 million in the 30 June 2025 quarterly report; failure will trigger an automatic delisting determination with appeal rights but no trading stay. Compliance will be achieved if the closing bid price equals or exceeds $1.00 for at least 10 consecutive business days before the deadline.

The Company states it is evaluating strategic options, including a reverse stock split—already confirmed to Nasdaq—as a contingency. Management reiterates its commitment to maintaining the Nasdaq Capital Market listing but acknowledges no assurance of success. Investors face continued headline and liquidity risk until compliance is regained.

Rhea-AI Summary

Brand Engagement Network Inc. (NASDAQ: BNAI) filed a Form 8-K to disclose logistical details for its 2025 Annual Meeting of Shareholders.

  • Date: July 22, 2025
  • Record date: June 24, 2025 (shareholders on this date may vote/attend)
  • Format: Virtual Zoom Webinar; advance registration required via the link provided in the filing
  • Agenda: election of directors, ratification of the independent auditor, and other customary matters

The filing expressly states it is not a proxy solicitation and contains no financial results or transactional announcements. It simply fulfills SEC disclosure requirements by alerting investors to the meeting’s timing, access instructions, and agenda topics.