secwatch.observer — SEC 8-K summary
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Issuer:     Brand Engagement Network Inc. (BNAI)
CIK:        0001838163
Form:       8-K
Filed at:   2026-06-29T10:10:28+00:00
Accession:  0001493152-26-030385
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNAI selected for Russell 2000/3000 indexes; raises $7.4M in Q2 equity/warrant exercises
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- Selected for Russell 3000 and Russell 2000 indexes effective June 29, 2026; indexes benchmark ~$12T in assets.
- Received aggregate gross proceeds of ~$7.36M from Q2 equity issuances and warrant exercises.
- Includes $4.925M at $39.59/sh, $1.0M at $39.25/sh, and $1.29M net from warrant exercises.
- Debt conversion of $9,735 at $18.23/sh; liabilities reduced by approx $376k.
- Proceeds strengthen balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838163/000149315226030385/0001493152-26-030385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838163/000149315226030385/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-030385

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer