BEN raises $1.05M private placement at $8.50/share, 20%+ premium to close

Brand Engagement Network Inc.

Aggregate $1,051,025 raised for 123,650 shares at $8.50/share, a >20% premium to Sept 21 close of $7.07.
Purchasers split equally: BEN Capital Fund I, LLC and Joseph Bevash each subscribe 61,825 shares for $525,512.50.
$150,025 (17,650 shares) funded at closing; $901,000 due in five monthly $180,200 installments through Feb 5, 2027.
100% warrant coverage: six-month warrants at $8.50 strike, covering up to 123,650 shares if fully funded.
CEO cites prior 2026 private placements priced at $63.25, $39.25, and $17.82, each above market close.

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