---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-066310"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T07:39:57.793968+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DHC Acquisition Corp extends deadline to Dec 4, 2023; $266.7M redeemed

## Summary
- Shareholders approved extension of business combination deadline from March 4 to December 4, 2023.
- Holders of 26,298,498 Class A shares redeemed at ~$10.14/share for total ~$266.7M cash.
- Extension amendment to articles effective March 3, 2023.
- Adjournment proposal not presented as sufficient votes were present.
- Quorum of ~74.23% of voting power present.

## SEC filing metadata
- accession: 0001193125-23-066310
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000119312523066310/0001193125-23-066310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000119312523066310/d452038d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-066310
- JSON: https://secwatch.observer/filing/0001193125-23-066310.json
- Plain text: https://secwatch.observer/filing/0001193125-23-066310.txt

## Key facts
- Governance Changes
  Brand Engagement Network Inc.: Amended articles of association to extend business combination deadline from March 4, 2023 to December 4, 2023 (effective 2023-03-03).
  - Change: charter amendment
  - Effective: 2023-03-03
  source text: On March 3, 2023, DHC Acquisition Corp (the “ Company ”) held an extraordinary general meeting of shareholders (the “ Extension Meeting ”), to amend the Company’s amended and restated memorandum and articles of association (the “ Articles Amendment ”) to extend the date by which the Company has to consummate a business combination from March 4, 2023 to December 4, 2023 (such proposal, the “ Extension Amendment Proposal ”). The Articles Amendment is effective as of March 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838163/000119312523066310/0001193125-23-066310-index.htm
- Shareholder Votes
  Brand Engagement Network Inc. shareholders approved Extension Amendment Proposal to amend the Company's amended and restated memorandum and articles of association to extend the date by which the Company must consummate a business combination at the 2023-03-03 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-03-03
  source text: The voting results for the Extension Amendment Proposal were as follows: The Extension Amendment Proposal For Against Abstain 24,647,586 4,068,772 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838163/000119312523066310/0001193125-23-066310-index.htm

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