Brand Engagement Network issues 250,792 unregistered shares at $37.88 each in Cataneo deal
Brand Engagement Network Inc. BNAI | 0.00 |
- Brand Engagement Network entered a private, unregistered issuance of 250,792 common shares as equity consideration in its USD 19.5 million Cataneo acquisition.
- Shares were valued at USD 37.88 each under the purchase agreement; the issuance relies on the Securities Act Section 4(a)(2) exemption.
- 26,399 shares will be held in escrow for one year following closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brand Engagement Network Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-028999), on June 17, 2026, and is solely responsible for the information contained therein.
