Brand Engagement Network extends Cataneo acquisition deadline to June 30, 2025

Brand Engagement Network Inc.

Addendum II temporarily suspends sellers' withdrawal right until June 30, 2025; right lapsed on April 30, 2025.
Buyer waived its right to consent to certain business actions of Cataneo during the interim period.
As of May 30, 2025, Brand Engagement Network paid $550,000 toward the $9M cash consideration.
Original deal: $19.5M purchase price ($9M cash + 4.2M shares of BNAI at $2.50/share).
Sellers' withdrawal right will re-enter force on June 30, 2025, unless further extended.

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