Brand Engagement Shares Rise After Ending of Equity-Purchase Agreement

Dow Jones

Feb 05

By Chris Wack

Brand Engagement Network shares were 28% higher, at $28.61, after the company terminated its standby equity-purchase agreement, dated Aug. 26, 2024, with YA II PN, an affiliate of Yorkville Advisors Global.

The agreement previously permitted Brand Engagement to sell up to $50 million of its common stock to the investor from time to time.

The technology company on Thursday said the termination was effective immediately, with no outstanding obligations or advances under the facility. Since the company's 1-for-10 reverse stock split became effective Dec. 12, it has used the facility for only one drawdown, it said.

The company said it recently closed the first installment of its $1.518 million premium private placement and that it anticipates the remaining closings in February and March.

Brand Engagement shares have traded in a wide range recently, hitting their 52-week low of $1.18 on Dec. 26 and their 52-week high of $86.28 on Jan. 28. The stock is 634% higher in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 05, 2026 09:54 ET (14:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2609301448"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609301448\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609301448?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-05 22:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609301448","market":"us","top_or_hot":-1,"title":"Brand Engagement Shares Rise After Ending of Equity-Purchase Agreement","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/BNAI\">Brand Engagement Network</a> shares were 28% higher, at $28.61, after the company terminated its standby equity-purchase agreement, dated Aug. 26, 2024, with YA II PN, an affiliate of Yorkville Advisors Global. \n</p>\n<p>\n  The agreement previously permitted Brand Engagement to sell up to $50 million of its common stock to the investor from time to time. \n</p>\n<p>\n  The technology company on Thursday said the termination was effective immediately, with no outstanding obligations or advances under the facility. Since the company's 1-for-10 reverse stock split became effective Dec. 12, it has used the facility for only one drawdown, it said. \n</p>\n<p>\n  The company said it recently closed the first installment of its $1.518 million premium private placement and that it anticipates the remaining closings in February and March. \n</p>\n<p>\n  Brand Engagement shares have traded in a wide range recently, hitting their 52-week low of $1.18 on Dec. 26 and their 52-week high of $86.28 on Jan. 28. The stock is 634% higher in the past 12 months. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 05, 2026 09:54 ET (14:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brand Engagement Shares Rise After Ending of Equity-Purchase Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBrand Engagement Shares Rise After Ending of Equity-Purchase Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-05 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/BNAI\">Brand Engagement Network</a> shares were 28% higher, at $28.61, after the company terminated its standby equity-purchase agreement, dated Aug. 26, 2024, with YA II PN, an affiliate of Yorkville Advisors Global. \n</p>\n<p>\n  The agreement previously permitted Brand Engagement to sell up to $50 million of its common stock to the investor from time to time. \n</p>\n<p>\n  The technology company on Thursday said the termination was effective immediately, with no outstanding obligations or advances under the facility. Since the company's 1-for-10 reverse stock split became effective Dec. 12, it has used the facility for only one drawdown, it said. \n</p>\n<p>\n  The company said it recently closed the first installment of its $1.518 million premium private placement and that it anticipates the remaining closings in February and March. \n</p>\n<p>\n  Brand Engagement shares have traded in a wide range recently, hitting their 52-week low of $1.18 on Dec. 26 and their 52-week high of $86.28 on Jan. 28. The stock is 634% higher in the past 12 months. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 05, 2026 09:54 ET (14:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2609301448","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609301448","pubTimestamp":1770303240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Brand Engagement Network shares were 28% higher, at $28.61, after the company terminated its standby equity-purchase agreement, dated Aug. 26, 2024, with YA II PN, an affiliate of Yorkville Advisors Global.The agreement previously permitted Brand Engagement to sell up to $50 million of its common stock to the investor from time to time.The technology company on Thursday said the termination was effective immediately, with no outstanding obligations or advances under the facility. Since the company's 1-for-10 reverse stock split became effective Dec. 12, it has used the facility for only one drawdown, it said.The company said it recently closed the first installment of its $1.518 million premium private placement and that it anticipates the remaining closings in February and March.Brand Engagement shares have traded in a wide range recently, hitting their 52-week low of $1.18 on Dec. 26 and their 52-week high of $86.28 on Jan. 28. The stock is 634% higher in the past 12 months.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4215":"住宅房地产投资信托","BK4585":"ETF&股票定投概念","EQR":"资产住宅公司","BK4134":"信息科技咨询与其它服务","BNAI":"Brand Engagement Network Inc."},"translate_title":"股权购买协议结束后品牌参与份额上升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BNAI":0.9,"EQR":1.5},"content_text":"By Chris Wack \n\n\n \n\n\nBrand Engagement Network shares were 28% higher, at $28.61, after the company terminated its standby equity-purchase agreement, dated Aug. 26, 2024, with YA II PN, an affiliate of Yorkville Advisors Global. \n\n\n  The agreement previously permitted Brand Engagement to sell up to $50 million of its common stock to the investor from time to time. \n\n\n  The technology company on Thursday said the termination was effective immediately, with no outstanding obligations or advances under the facility. Since the company's 1-for-10 reverse stock split became effective Dec. 12, it has used the facility for only one drawdown, it said. \n\n\n  The company said it recently closed the first installment of its $1.518 million premium private placement and that it anticipates the remaining closings in February and March. \n\n\n  Brand Engagement shares have traded in a wide range recently, hitting their 52-week low of $1.18 on Dec. 26 and their 52-week high of $86.28 on Jan. 28. The stock is 634% higher in the past 12 months. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2026 09:54 ET (14:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}