---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-003864"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:06:15.164490+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Brand Engagement Network receives $1.46M from warrant exercises, converts $737K debt, updates warrants

## Summary
- Received $1,456,332 cash from warrant/option exercises with strike prices $16.58–$37.00/share.
- Converted $737,500 of debt into equity; issued 93,313 shares at average conversion of ~$23.51/share.
- Outstanding shares now ~5,778,514; public float ~3,129,047 (excluding new shares).
- Post-reverse split, public warrants exercise at $115.00 (from $11.50); 1,644,094 underlying shares; potential $189M proceeds.
- Nasdaq and brokers not yet updated systems for post-split warrant changes; BEN working to ensure accurate reflection.

## SEC filing metadata
- accession: 0001493152-26-003864
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315226003864/0001493152-26-003864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315226003864/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003864
- JSON: https://secwatch.observer/filing/0001493152-26-003864.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003864.txt

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