---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043006"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:30:22.944955+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BEN agrees to acquire German media tech company Cataneo GmbH for $19.5M

## Summary
- Total purchase price $19.5M: $9M cash + 4.2M shares of BEN common stock valued at $2.50/share.
- Cataneo's Mydas platform manages over €5B annual media spend, serving 5,000+ users across 1,000+ media brands in 4 continents.
- Transaction expected to close Q4 2024; subject to financing, shareholder guarantees, regulatory approvals, and no delisting notice.
- Up to $3M of stock consideration can be converted to cash at Sellers' election; 400,000 shares held in escrow for one year.
- Also disclosed: ~$843,750 in Required Fundings from investors remain unpaid; SEPA Pricing Limitation did not become effective.

## SEC filing metadata
- accession: 0001493152-24-043006
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315224043006/0001493152-24-043006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315224043006/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043006
- JSON: https://secwatch.observer/filing/0001493152-24-043006.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043006.txt

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