Brand Engagement Network, Inc. (Nasdaq: BNAI) announced it has strengthened its balance sheet by converting $504,684 of matured debt held by BEN Capital Fund One LLC into equity at a price of $2.10 per share. This transaction fully satisfies the related principal, accrued interest, and loan fees. In addition, the company reported a total reduction of over $1.24 million in outstanding liabilities through debt conversion and negotiated settlements, significantly improving its financial position.
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 PR Newswire (Ref. ID: PH50693) on December 18, 2025, and is solely responsible for the information contained therein.