---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-019778"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:07:02.589603+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BEN acquires Cataneo GmbH for $19.5M in cash and stock; co-founder to join board

## Summary
- Purchase price $19.5M: $9M cash + 250,792 shares of BEN common stock valued at $37.88/share.
- $1M advanced at signing; $8M in capital commitments secured, including $0.5M from stock/warrant sale.
- Cataneo's MYDAS platform manages €6B+ annual ad inventory across 1,000+ media brands and 200+ channels.
- Closing expected June 30, 2026, subject to NASDAQ listing status, due diligence, and other conditions.
- Cataneo co-founder Christian Unterseer to join BEN's Board of Directors upon closing.

## SEC filing metadata
- accession: 0001493152-26-019778
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315226019778/0001493152-26-019778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315226019778/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-019778
- JSON: https://secwatch.observer/filing/0001493152-26-019778.json
- Plain text: https://secwatch.observer/filing/0001493152-26-019778.txt

## Source-grounded claims
- claim_id: 9f1451dc2196723eaefdef656235ee91e90b0915
  claim: Brand Engagement Network Inc. entered into Purchase Agreement with Christian Unterseer, CUTV GmbH, Cuneo AG, and GForce 112 GmbH valued at $19.5 million (effective 2026-04-30).
  evidence_excerpt: On April 30, 2026, Brand Engagement Network Inc., a Delaware corporation (the “Company”) entered into a Share Purchase and Transfer Agreement with Christian Unterseer, in his individual capacity (“Unterseer”), CUTV GmbH, a limited liability company incorporated under the laws of the Federal Republic of Germany (“CUTV”), Cuneo AG, a stock corporation incorporated under the laws of the Federal Republic of Germany (“Cuneo”), and GForce 112 GmbH, a limited liability company incorporated under the laws of the Federal Republic of German (“GForce” and together with Unterseer, CUTV and Cuneo, the “Sellers”) (the “Purchase Agreement”) pursuant to which the Sellers have agreed to sell all of the outstanding equity interests of Cataneo GmbH, a limited liability company incorporated under the laws of the Federal Republic of Germany (“Cataneo”) to the Company for an aggregate purchase price of $19.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838163/000149315226019778/0001493152-26-019778-index.htm

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