---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-028256"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:46:47.691274+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BNAI converts $504,684 debt to equity at $2.10/share; cuts liabilities by $1.24M

## Summary
- BEN Capital Fund One LLC converted $504,684 matured debt into 240,326 shares at $2.10 per share, extinguishing principal, interest, and fees.
- Separate settlements reduced accounts payable by $250,010 and satisfied vendor obligations of $487,452.
- Total liability reduction exceeds $1.24 million, strengthening the balance sheet and financial flexibility.
- The shares were issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001493152-25-028256
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315225028256/0001493152-25-028256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315225028256/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-028256
- JSON: https://secwatch.observer/filing/0001493152-25-028256.json
- Plain text: https://secwatch.observer/filing/0001493152-25-028256.txt

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