secwatch.observer — SEC 8-K summary
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Issuer:     Brand Engagement Network Inc. (BNAI)
CIK:        0001838163
Form:       8-K/A
Filed at:   2026-09-16T21:43:25+00:00
Accession:  0001493152-26-042965
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cataneo FY2025 audited: revenue $9.6M, net income $202K for BNAI acquisition
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- Cataneo FY2025 revenue $9.57M (down 2.3% YoY); net income fell to $202K from $486K in 2024.
- Year-end 2025: total assets $6.05M, cash $292K, liabilities $6.62M, stockholders' deficit ($576K).
- Contract liabilities (deferred revenue) $4.53M total; $1.80M current and $2.73M non-current at 12/31/25.
- Acquisition closed June 30, 2026; sellers: Christian Unterseer, CUTV GmbH, Cuneo AG, GForce 112 GmbH.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838163/000149315226042965/0001493152-26-042965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838163/000149315226042965/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-042965

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