---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-003868"
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: "2026-05-16T07:06:02.068460+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BEN issues 93,313 shares from warrant exercises and debt conversion; public warrants adjusted after reverse split

## Summary
- Received $1.46M cash from exercises of warrants, ISOs, LTIP at $16.58-$37.00/share.
- Converted $737,500 of debt into shares; avg conversion price ~$23.51/share.
- Total shares outstanding now ~5.78M; public float ~3.13M (unaudited).
- Public warrants adjusted: exercise price $115.00, 1.64M outstanding post 1-for-10 reverse split.
- If all warrants exercised, gross proceeds ~$189M; working to update Nasdaq and brokerages.

## SEC filing metadata
- accession: 0001493152-26-003868
- 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: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315226003868/0001493152-26-003868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315226003868/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003868
- JSON: https://secwatch.observer/filing/0001493152-26-003868.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003868.txt

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