{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-027373","form_type":"8-K","ticker":"BNAI","cik":"0001838163","company_name":"Brand Engagement Network Inc.","filed_at":"2026-06-05T10:05:26+00:00","discovered_at":"2026-06-05T10:10:00.267018+00:00","generated_at":"2026-06-05T10:12:15.639693+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Brand Engagement Network invests $1M in Accelevate, secures $1M investor commitment to increase stake to ~20%","bullets":["BEN invested $1M for ~10% stake in Accelevate; warrant to increase to ~20% over six months.","BEN secured $1M equity commitment at $17.82/share (120% of May 29 close) to fund warrant exercise.","Funded in six monthly installments through Nov 2026; initial tranche of ~$150K paid June 4, 2026.","Partnership targets AI fleet intelligence deployment across North America, Latin America, and Africa."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-027373","json":"https://secwatch.observer/filing/0001493152-26-027373.json","markdown":"https://secwatch.observer/filing/0001493152-26-027373.md","text":"https://secwatch.observer/filing/0001493152-26-027373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838163/000149315226027373/0001493152-26-027373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838163/000149315226027373/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T10:12:15.639693+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":[{"claim_id":"5edec1d22669112269f23548442600f1d3319c68","claim":"Brand Engagement Network Inc. issued 56,150 shares of common stock to Ben Capital Fund I, LLC and Joseph Bevash for $17.82 per share, $1,000,593 total.","evidence_excerpt":"Brand Engagement Network, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Ben Capital Fund I, LLC and Joseph Bevash for a private placement of an aggregate 56,150 shares of the Company’s common stock at a purchase price of $17.82 per share (the “Purchase Price”), for total gross proceeds of $1,000,593 (the “Proceeds”).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838163/000149315226027373/0001493152-26-027373-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"56,150 shares"},{"label":"Purchaser","value":"Ben Capital Fund I, LLC and Joseph Bevash"},{"label":"Consideration","value":"$17.82 per share, $1,000,593 total"}],"fact_type":"equity_issuance"},{"claim_id":"3a5d45f987615ea16f66edd9ffa743177b1d5b9a","claim":"Brand Engagement Network Inc. entered into Securities Purchase Agreement with Ben Capital Fund I, LLC and Joseph Bevash valued at $1,000,593 (effective 2026-06-03).","evidence_excerpt":"on June 3, 2026, Brand Engagement Network, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Ben Capital Fund I, LLC and Joseph Bevash for a private placement of an aggregate 56,150 shares of the Company’s common stock at a purchase price of $17.82 per share (the “Purchase Price”), for total gross proceeds of $1,000,593 (the “Proceeds”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838163/000149315226027373/0001493152-26-027373-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Ben Capital Fund I, LLC and Joseph Bevash"},{"label":"Value","value":"$1,000,593"},{"label":"Effective","value":"2026-06-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}