false
0001838163
0001838163
2024-05-14
2024-05-14
0001838163
BNAI:CommonStockParValue0.0001PerShareMember
2024-05-14
2024-05-14
0001838163
BNAI:RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf11.50PerShareMember
2024-05-14
2024-05-14
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or Section 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 14, 2024
BRAND
ENGAGEMENT NETWORK INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-40130 |
|
98-1574798 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
145
E. Snow King Ave
PO
Box 1045
Jackson,
WY 32001
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (307) 699-9371
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.0001 per share |
|
BNAI |
|
The
Nasdaq Stock Market LLC |
Redeemable
Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share |
|
BNAIW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
2.02 Results of Operations and Financial Condition.
On
May 14, 2024, Brand Engagement Network Inc., a Delaware corporation (the “Company”) issued a press release announcing its
financial results for the quarter ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 and is incorporated
by reference herein.
The
information furnished pursuant to Item 2.02 (including Exhibit 99.1 hereto) shall not be deemed to be “filed” for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be deemed to be incorporated
by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth
by specific reference in such filing.
Item
9.01 Exhibits and Financial Statements.
(d)
Exhibits.
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/
Michael Zacharski |
|
Name: |
Michael
Zacharski |
|
Title: |
Chief
Executive Officer |
|
|
|
Dated:
May 14, 2024 |
Exhibit
99.1
BEN
Reports First Quarter 2024 Financial Results
JACKSON,
WY – May 14, 2024 – Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized
customer engagement AI, today announced its financial results and key business highlights for the first quarter ended March 31st,
2024.
“We
are excited to announce our first set of results as a public company following our Nasdaq listing in March.” said Michael Zacharski,
CEO of BEN. “We are making solid progress on our key strategic priorities, and believe we are well-positioned to accelerate growth
and scale our differentiated AI platform”.
First
Quarter 2024 Key Business Highlights
| ● | Closed
business combination with DHC Acquisition Corp. and began trading on Nasdaq under symbol
“BNAI”. |
| ● | Strengthened
Board of Directors with multiple appointments including the additions of Janine Grasso and
Jon Liebowitz, with Chris Heller serving as Board Advisor. |
| ● | Launched
BENAuto in partnership with AFG Companies, delivering unique AI Assistants to support various
automotive use cases. |
| ● | Announced
pilot partnership with MedAdvisor Solutions to bring BEN’s AI Assistant technology
to certain pharmacies to help enhance patient outcomes. |
Conference
Call and Webcast Information
The
Company will host a conference call and webcast today, Tuesday, May 14, 2024, at 5:00 p.m. Participants can register here to access
the live webcast of the conference call. Alternatively, those who want to join the conference call via phone can register at this link to receive a dial-in number and unique PIN.
The
webcast will be archived for one year following the conference call and can be accessed on BEN’s investor relations website at
https://investors.beninc.ai.
About
BEN
BEN
(Brand Engagement Network) is a leading provider of conversational AI technology and human-like AI avatars headquartered in Jackson,
WY. BEN delivers highly personalized, multi-modal (text, voice, and vision) AI engagement, with a focus on industries where there is
a massive workforce gap and an opportunity to transform how consumers engage with networks, providers, and brands. The backbone of BEN’s
success is a rich portfolio of conversational AI applications that drive better customer experience, increased automation and operational
efficiencies. Powered by a proprietary large language model developed based on years of research and development from leading experts
in AI and advanced security methodologies, BEN seeks to partner with companies with complementary capabilities and networks to enable
meaningful business outcomes.
Additional
information about BEN can be found here: https://beninc.ai/.
Forward-Looking
Statements
This
communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual
results of DHC and BEN to differ materially from those expected and projected. These forward-looking statements can be identified by
the use of forward-looking terminology, including the words “believes,” “estimates,” “anticipates,”
“expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,”
“predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable
terminology.
These
forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from
the expected results. Most of these factors are outside BEN;’s control and are difficult to predict. Factors that may cause such
differences include, but are not limited to: failure to realize the anticipated benefits of the Business Combination; risks relating
to the uncertainty of the projected financial information with respect to BEN; the occurrence of any event, change or other circumstance
that could give rise to the termination of the definitive transaction agreement; BEN’s history of operating losses; BEN’s
need for additional capital to support its present business plan and anticipated growth; technological changes in BEN’s market;
the value and enforceability of BEN’s intellectual property protections; BEN’s ability to protect its intellectual property;
BEN’s material weaknesses in financial reporting; and BEN’s ability to navigate complex regulatory requirements; the ability
to maintain the listing of BEN’s securities on a national securities exchange; the ability to implement business plans, forecasts,
and other expectations; the effects of competition on BEN’s business; the risks of operating and effectively managing growth in
evolving and uncertain macroeconomic conditions, such as high inflation and recessionary environments; and continuing risks relating
to the COVID 19 pandemic. The foregoing list of factors is not exhaustive.
BEN
cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is based and it does not intend to do so unless required by applicable law. Further
information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth
under “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with
the Securities and Exchange Commission.
BEN
Contacts
Investors:
Ryan
Flanagan, ICR
ryan.flanagan@icrinc.com
Media:
Dan
Brennan, ICR
dan.brennan@icrinc.com
BRAND
ENGAGEMENT NETWORK INC.
UNAUDITED
CONDENSED CONSOLIDATED BALANCE SHEETS
| |
March 31, 2024 | | |
December 31, 2023 | |
ASSETS | |
| | | |
| | |
Current assets: | |
| | | |
| | |
Cash and cash equivalents | |
$ | 3,304,283 | | |
$ | 1,685,013 | |
Accounts receivable, net of allowance | |
| 7,500 | | |
| 10,000 | |
Due from Sponsor | |
| 3,000 | | |
| — | |
Prepaid expenses and other current assets | |
| 1,038,993 | | |
| 201,293 | |
Total current assets | |
| 4,353,776 | | |
| 1,896,306 | |
Property and equipment, net | |
| 1,176,235 | | |
| 802,557 | |
Intangible assets, net | |
| 17,847,086 | | |
| 17,882,147 | |
Other assets | |
| 13,475,000 | | |
| 1,427,729 | |
TOTAL ASSETS | |
$ | 36,852,097 | | |
$ | 22,008,739 | |
LIABILITIES AND STOCKHOLDERS’ EQUITY | |
| | | |
| | |
Current liabilities: | |
| | | |
| | |
Accounts payable | |
$ | 4,416,613 | | |
$ | 1,282,974 | |
Accrued expenses | |
| 7,773,389 | | |
| 1,637,048 | |
Due to related parties | |
| 693,036 | | |
| — | |
Deferred revenue | |
| — | | |
| 2,290 | |
Short-term debt | |
| 223,300 | | |
| 223,300 | |
Total current liabilities | |
| 13,106,338 | | |
| 3,145,612 | |
Warrant liabilities | |
| 1,974,560 | | |
| — | |
Note payable - related party | |
| 500,000 | | |
| 500,000 | |
Long-term debt | |
| 668,674 | | |
| 668,674 | |
Total liabilities | |
| 16,249,572 | | |
| 4,314,286 | |
Commitments and contingencies (Note M) | |
| | | |
| | |
Stockholders’ equity: | |
| | | |
| | |
Preferred stock par value $0.0001 per share, 10,000,000 shares authorized, none designated. There are no shares issued or outstanding as of March 31, 2024 or December 31, 2023 | |
| — | | |
| — | |
Common stock par value of $0.0001 per share, 750,000,000 shares authorized. As of March 31, 2024 and December 31, 2023, respectively, 33,592,055 and 23,270,404 shares issued and outstanding | |
| 3,360 | | |
| 2,327 | |
Additional paid-in capital | |
| 40,785,294 | | |
| 30,993,846 | |
Accumulated deficit | |
| (20,186,129 | ) | |
| (13,301,720 | ) |
Total stockholders’ equity | |
| 20,602,525 | | |
| 17,694,453 | |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | |
$ | 36,852,097 | | |
$ | 22,008,739 | |
BRAND
ENGAGEMENT NETWORK INC.
UNAUDITED
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| |
Three Months Ended March 31, | |
| |
2024 | | |
2023 | |
Revenues | |
$ | 49,790 | | |
$ | — | |
Operating expenses: | |
| | | |
| | |
General and administrative | |
| 6,480,535 | | |
| 2,616,724 | |
Depreciation and amortization | |
| 117,347 | | |
| 19,232 | |
Research and development | |
| 250,671 | | |
| 2,000 | |
Total operating expenses | |
| 6,848,553 | | |
| 2,637,956 | |
Loss from operations | |
| (6,798,763 | ) | |
| (2,637,956 | ) |
Other income (expenses): | |
| | | |
| | |
Interest expense | |
| (25,050 | ) | |
| — | |
Interest income | |
| 3,118 | | |
| — | |
Change in fair value of warrant liabilities | |
| (60,823 | ) | |
| — | |
Other | |
| (2,891 | ) | |
| — | |
Other income (expenses), net | |
| (85,646 | ) | |
| — | |
Net loss | |
$ | (6,884,409 | ) | |
$ | (2,637,956 | ) |
Net loss per common share- basic and diluted | |
$ | (0.27 | ) | |
$ | (0.15 | ) |
Weighted-average common shares - basic and diluted | |
| 25,233,890 | | |
| 17,129,921 | |
BRAND
ENGAGEMENT NETWORK INC.
UNAUDITED
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
| |
Three Months Ended March 31, | |
| |
2024 | | |
2023 | |
Cash flows from operating activities: | |
| | | |
| | |
Net loss | |
$ | (6,884,409 | ) | |
$ | (2,637,956 | ) |
Adjustments to reconcile net loss to net cash provided by operating activities: | |
| | | |
| | |
Depreciation and amortization expense | |
| 117,347 | | |
| 19,232 | |
Allowance for uncollected receivables | |
| 30,000 | | |
| — | |
Write off of deferred financing fees | |
| 1,427,729 | | |
| — | |
Change in fair value of warrant liabilities | |
| 60,823 | | |
| — | |
Stock based compensation | |
| 406,980 | | |
| 2,442,701 | |
Changes in operating assets and liabilities: | |
| | | |
| | |
Prepaid expense and other current assets | |
| (820,876 | ) | |
| (51,100 | ) |
Accounts receivable | |
| (27,500 | ) | |
| 500 | |
Accounts payable | |
| 783,637 | | |
| 108,890 | |
Accrued expenses | |
| 358,630 | | |
| 53,413 | |
Other assets | |
| — | | |
| 8,850 | |
Deferred revenue | |
| (2,290 | ) | |
| — | |
Net cash used in operating activities | |
| (4,549,929 | ) | |
| (55,470 | ) |
Cash flows from investing activities: | |
| | | |
| | |
Purchase of property and equipment | |
| (13,037 | ) | |
| — | |
Capitalized internal-use software costs | |
| (158,028 | ) | |
| — | |
Net cash used in investing activities | |
| (171,065 | ) | |
| — | |
Cash flows from financing activities: | |
| | | |
| | |
Cash and cash equivalents acquired in connection with the reverse recapitalization | |
| 858,292 | | |
| — | |
Proceeds from the sale of common stock | |
| 6,325,000 | | |
| — | |
Proceeds received from warrant exercise | |
| 15,264 | | |
| — | |
Payment of deferred financing costs | |
| (858,292 | ) | |
| — | |
Advances to related parties | |
| — | | |
| (4,790 | ) |
Proceeds received from related party advance repayments | |
| — | | |
| 58,250 | |
Net cash provided by financing activities | |
| 6,340,264 | | |
| 53,460 | |
Net increase (decrease) in cash and cash equivalents | |
| 1,619,270 | | |
| (2,010 | ) |
Cash and cash equivalents at the beginning of the period | |
| 1,685,013 | | |
| 2,010 | |
Cash and cash equivalents at the end of the period | |
$ | 3,304,283 | | |
$ | — | |
Supplemental Cash Flow Information | |
| | | |
| | |
Cash paid for interest | |
$ | — | | |
$ | — | |
Cash paid for income taxes | |
$ | — | | |
$ | — | |
Supplemental Non-Cash Information | |
| | | |
| | |
Capitalized internal-use software costs in accrued expenses | |
$ | 50,075 | | |
$ | — | |
Stock-based compensation capitalized as part of capitalized software costs | |
$ | 291,725 | | |
$ | — | |
Conversion of accounts payable and short-term debt into common shares | |
$ | — | | |
$ | 50,000 | |
Warrants exercise through settlement of accounts payable | |
$ | — | | |
$ | 30,000 | |
Issuance of common stock pursuant to Reseller Agreement | |
$ | 13,475,000 | | |
$ | — | |
v3.24.1.1.u2
Cover
|
May 14, 2024 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
May 14, 2024
|
Entity File Number |
001-40130
|
Entity Registrant Name |
BRAND
ENGAGEMENT NETWORK INC.
|
Entity Central Index Key |
0001838163
|
Entity Tax Identification Number |
98-1574798
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
145
E. Snow King Ave
|
Entity Address, Address Line Two |
PO
Box 1045
|
Entity Address, City or Town |
Jackson
|
Entity Address, State or Province |
WY
|
Entity Address, Postal Zip Code |
32001
|
City Area Code |
(307)
|
Local Phone Number |
699-9371
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
Common Stock, par value $0.0001 per share |
|
Title of 12(b) Security |
Common
Stock, par value $0.0001 per share
|
Trading Symbol |
BNAI
|
Security Exchange Name |
NASDAQ
|
Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share |
|
Title of 12(b) Security |
Redeemable
Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
|
Trading Symbol |
BNAIW
|
Security Exchange Name |
NASDAQ
|
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=BNAI_CommonStockParValue0.0001PerShareMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=BNAI_RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf11.50PerShareMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
Brand Engagement Network (NASDAQ:BNAIW)
Historical Stock Chart
From Sep 2024 to Oct 2024
Brand Engagement Network (NASDAQ:BNAIW)
Historical Stock Chart
From Oct 2023 to Oct 2024