---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-034481"
form_type: "8-K"
ticker: "BNAI"
cik: "0001838163"
company_name: "Brand Engagement Network Inc."
filed_at: "2026-07-24T12:54:33+00:00"
generated_at: "2026-07-24T12:55:08.802403+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-034481
- form_type: 8-K
- ticker: BNAI
- cik: 0001838163
- company_name: Brand Engagement Network Inc.
- filed_at: 2026-07-24T12:54:33+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838163/000149315226034481/0001493152-26-034481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838163/000149315226034481/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-034481
- JSON: https://secwatch.observer/filing/0001493152-26-034481.json
- Plain text: https://secwatch.observer/filing/0001493152-26-034481.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.