Brand Engagement Network Inc. Files 8-K
Ticker: BNAIW · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1838163
| Field | Detail |
|---|---|
| Company | Brand Engagement Network INC. (BNAIW) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001, $11.50, $2.50, $5.00, $750,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-reporting, equity-securities
Related Tickers: BNAI
TL;DR
BNAI filed an 8-K on Jan 13, 2025, reporting material agreements and financial updates.
AI Summary
On January 13, 2025, Brand Engagement Network Inc. (formerly DHC Acquisition Corp.) entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The company is incorporated in Delaware and its fiscal year ends on December 31.
Why It Matters
This 8-K filing indicates significant corporate actions and financial reporting by Brand Engagement Network Inc., which could impact investors' understanding of the company's current status and future prospects.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful investor attention.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Brand Engagement Network Inc. (company) — Registrant
- DHC Acquisition Corp. (company) — Former Company Name
- January 13, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-40130 (identifier) — SEC File Number
FAQ
What specific material definitive agreement was entered into by Brand Engagement Network Inc. on January 13, 2025?
The filing does not specify the details of the material definitive agreement, only that one was entered into on January 13, 2025.
What type of equity securities were sold in the unregistered sale reported in the 8-K?
The filing mentions 'Unregistered Sales of Equity Securities' but does not provide specific details about the type or amount of securities sold.
What are the key items included in the financial statements and exhibits filed with this 8-K?
The filing indicates that financial statements and exhibits are included, but the specific content is not detailed in the provided text.
When did Brand Engagement Network Inc. change its name from DHC Acquisition Corp.?
The date of the name change from DHC Acquisition Corp. to Brand Engagement Network Inc. was December 29, 2020.
What is the business and mailing address for Brand Engagement Network Inc.?
The business and mailing address for Brand Engagement Network Inc. is 145 E. Snow King Ave, PO Box 1045, Jackson, WY 83001.
Filing Stats: 1,919 words · 8 min read · ~6 pages · Grade level 13.7 · Accepted 2025-01-14 16:58:39
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
- $2.50 — Common Stock"), at a price per share of $2.50 and an aggregate of 3,960,000 warrants
- $5.00 — se Common Stock at an exercise price of $5.00 per share. Pursuant to the August SPA,
- $750,000 — rty to the May SPA funded the remaining $750,000 of Required Fundings (as defined therei
- $225,000 — payable thereunder in a combination of $225,000 in cash to the Company and through the
- $525,000 — o the Company and through the offset of $525,000 of obligations of the Company to the Pu
- $1.96 — he "Committed Warrants") was reduced to $1.96 per share, until May 30, 2025, after wh
- $1.71 — e years, each with an exercise price of $1.71 per share (together, the "Reload Warran
Filing Documents
- form8-k.htm (8-K) — 56KB
- ex10-1.htm (EX-10.1) — 103KB
- 0001493152-25-002182.txt ( ) — 390KB
- bnai-20250113.xsd (EX-101.SCH) — 4KB
- bnai-20250113_def.xml (EX-101.DEF) — 26KB
- bnai-20250113_lab.xml (EX-101.LAB) — 36KB
- bnai-20250113_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 14, 2025