BEN invests $1M in Accelevate, signs exclusive Mexico reseller and global deal

Brand Engagement Network Inc.

Executed two definitive Reseller Agreements with Accelevate on May 7, 2026: exclusive Mexico (5-year) and global (excl. Mexico/LATAM).
Licensor receives 35% of gross revenue (excl. hardware) from sales; joint Pricing Committee established.
Strategic investment of $1,000,000 at $8M pre-money valuation; includes 100% coverage warrants, board seat, and right of first refusal.
Second $750,000 installment triggered by completion of reseller agreements; initial $250,000 paid previously.
Press release also announces newly granted U.S. Patent No. 12,581,163 for AI real-time messaging in fleet operations.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Brand Engagement Network Inc. entered into Reseller Agreements with HighTide Energy, Inc. d/b/a Accelevate Solutions valued at 35% of gross revenue excluding hardware (effective 2026-05-07).

Action: entry
Counterparty: HighTide Energy, Inc. d/b/a Accelevate Solutions
Value: 35% of gross revenue excluding hardware
Effective: 2026-05-07

Exact text from the filing

On May 7, 2026, following the successful completion of due diligence, entered into two definitive Reseller Agreements (the “Commercial Agreements”) with Accelevate.

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Brand Engagement Network Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-022133

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