Brand Engagement Network Faces Delisting Concerns
Ticker: BNAIW · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1838163
| Field | Detail |
|---|---|
| Company | Brand Engagement Network INC. (BNAIW) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | high |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $11.50, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-rule
Related Tickers: BNAI
TL;DR
BNAI might get kicked off the exchange - big trouble.
AI Summary
Brand Engagement Network Inc. (formerly DHC Acquisition Corp.) filed an 8-K on January 6, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule. The company, incorporated in Delaware, has its principal executive offices in Jackson, Wyoming. The filing indicates a potential issue with its continued listing on the stock exchange.
Why It Matters
This filing signals potential financial distress or non-compliance with exchange rules, which could lead to the stock being delisted, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Players & Entities
- Brand Engagement Network Inc. (company) — Registrant
- DHC Acquisition Corp. (company) — Former company name
- December 30, 2024 (date) — Earliest event reported
- January 6, 2025 (date) — Filing date
- Jackson, Wyoming (location) — Business address
FAQ
What specific listing rule or standard has Brand Engagement Network Inc. failed to satisfy?
The filing does not specify the exact rule or standard that Brand Engagement Network Inc. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 30, 2024.
What was Brand Engagement Network Inc. formerly known as?
Brand Engagement Network Inc. was formerly known as DHC Acquisition Corp.
In which state was Brand Engagement Network Inc. incorporated?
Brand Engagement Network Inc. was incorporated in Delaware.
What is the primary purpose of this Form 8-K filing?
The primary purpose of this Form 8-K filing is to report a notice of delisting or failure to satisfy a continued listing rule or standard.
Filing Stats: 1,295 words · 5 min read · ~4 pages · Grade level 14.8 · Accepted 2025-01-06 17:11:50
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share BNAI The Nasdaq Stock Mar
- $11.50 — of Common Stock at an exercise price of $11.50 per share BNAIW The Nasdaq Stock Ma
- $1.00 — mon Stock"), had been below the minimum $1.00 per share required for continued listin
Filing Documents
- form8-k.htm (8-K) — 46KB
- 0001493152-25-001052.txt ( ) — 264KB
- bnai-20241230.xsd (EX-101.SCH) — 4KB
- bnai-20241230_def.xml (EX-101.DEF) — 26KB
- bnai-20241230_lab.xml (EX-101.LAB) — 36KB
- bnai-20241230_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRAND ENGAGEMENT NETWORK INC. By: /s/ Paul Chang Name: Paul Chang Title: Chief Executive Officer Dated: January 6, 2025