Brand Engagement Network converts $328k of obligations into equity, raises $461k in July capital activity

Brand Engagement Network Inc.

Converted $53,150 advances from BEN Capital Fund I into 4,011 shares at $13.25/share.
CEO Tyler Luck converted $275,000 deferred compensation into 20,754 shares at $13.25/share.
Received $460,867 in gross proceeds from stock purchase agreement ($150k) and warrant exercises ($311k).
Total balance sheet improvement of ~$789,017 from July 1-22, 2026 without additional cash outlay.
Shares issued in unregistered transactions under Section 4(a)(2) of the Securities Act.

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