{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-028637","form_type":"8-K","ticker":"BNAI","cik":"0001838163","company_name":"Brand Engagement Network Inc.","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.736080+00:00","generated_at":"2026-05-16T12:27:18.734627+00:00","sec_items":["1.01","2.03","3.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BEN reduces Q4 2025 liabilities by ~$2.5M via debt-to-equity conversions","bullets":["Converted $1.25M of debt and liabilities into equity at $2.10/share; $899,934 in loans and $350,070 in short-term liabilities satisfied.","Investors include BEN Capital Fund, Joseph Bevash, Michael Reinberger, others; warrants issued with 90-day expiration at $2.10.","Additional reductions: $504,684 affiliate debt converted (Dec 18), $250,010 accounts payable reduction, $487,306 vendor obligations.","Total Q4 2025 liability reduction is $2,492,004, strengthening balance sheet and operational flexibility."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-028637","json":"https://secwatch.observer/filing/0001493152-25-028637.json","markdown":"https://secwatch.observer/filing/0001493152-25-028637.md","text":"https://secwatch.observer/filing/0001493152-25-028637.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838163/000149315225028637/0001493152-25-028637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838163/000149315225028637/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:27:18.734627+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}