---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-054692"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:53:10.842451+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DHC Acquisition enters non-redemption agreements to extend business combination deadline to Dec 4, 2023

## Summary
- Sponsor to transfer 150,000 Class B shares to third parties in exchange for not redeeming 400,000 Class A shares at extension vote.
- Extension meeting to approve amendment moving deadline from March 4, 2023 to December 4, 2023.
- Non-redemption agreements increase funds remaining in trust account after extension vote.
- Company may enter additional similar agreements with other shareholders.

## SEC filing metadata
- accession: 0001193125-23-054692
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000119312523054692/0001193125-23-054692-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000119312523054692/d307981d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-054692
- JSON: https://secwatch.observer/filing/0001193125-23-054692.json
- Plain text: https://secwatch.observer/filing/0001193125-23-054692.txt

## Key facts
- Material Agreements
  Brand Engagement Network Inc. entered into Non-Redemption Agreements with several unaffiliated third parties valued at an aggregate of 400,000 previously-held Class A ordinary shares.
  - Action: entry
  - Counterparty: several unaffiliated third parties
  - Value: an aggregate of 400,000 previously-held Class A ordinary shares
  source text: the Company and DHC Sponsor, LLC (the “Sponsor”), have entered into one or more non-redemption agreements (the “Non-Redemption Agreements”), with several unaffiliated third parties, pursuant to which such third parties agreed not to redeem (or to validly rescind any redemption requests on) an aggregate of 400,000 previously-held Class A ordinary shares of the Company (“Non-Redeemed Shares”) in connection with the Articles Extension.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838163/000119312523054692/0001193125-23-054692-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.