Brand Engagement Network says all conditions met for Cataneo GmbH acquisition; closing imminent

Brand Engagement Network Inc.

Acquisition of Cataneo GmbH for $19.5M ($9M cash + 250,792 shares at $37.88/sh) to close after all pre-closing conditions satisfied.
Disney sign-off and other third-party approvals obtained; Cataneo's fiscal year changed to June 30.
Christian Unterseer, seller, to join Brand Engagement Network's Board of Directors upon closing.
26,399 of the equity shares placed in one-year escrow; $1M cash advance already paid by BEN.
Shares issued in private placement exempt from registration under Section 4(a)(2).

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