other material
confidence high
sentiment neutral
materiality 0.55
Brand Engagement Network announces 1-for-10 reverse stock split to regain Nasdaq compliance
Brand Engagement Network Inc.
- Reverse stock split effective December 12, 2025; every ten shares combine into one share.
- Split intended to bring stock price above Nasdaq's $1.00 minimum bid; compliance deadline extended to Dec 29, 2025.
- Authorized shares and par value unchanged; no change in voting rights.
- Fractional shares paid in cash based on closing price on day before effective time.
- Trading symbol BNAI unchanged; CUSIP changes to 104932 207.