BNAI completes $19.5M Cataneo acquisition; total assets nearly double to $30.7M

Brand Engagement Network Inc.

Completed acquisition of 100% of Cataneo GmbH on June 30, 2026; stated consideration $19.5M, GAAP fair value ~$13.7M ($9M cash, $4.3M stock).
Total assets nearly doubled to $30.7M from $15.3M at Dec 31, 2025, driven by ~$10.8M goodwill and intangibles from Cataneo.
Shareholders' equity rose to $19.4M from $3.5M; cash up to $708K from $172K; payables, short-term debt, warrant liabilities down ~$3.3M.
Formed 50/50 JV INTERVENT Health AI with INTERVENT International on June 8, 2026; $1M investment in Accelevate Solutions (~10% stake).
Skye Africa Intelligence signed MOU with ECSA-HC on Aug 5, 2026 for AI health solutions deployment across member states.

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