Brand Engagement Network Inc. 8-K

What Happened Brand Engagement Network, Inc. filed an 8-K on March 9, 2026 announcing the third and final closing under a Securities Purchase Agreement with Ben Capital Fund I, LLC. With the final installment, the company received $506,000, bringing aggregate gross proceeds to $1,518,000 from the previously announced private placement. The financing consisted of 24,000 shares of common stock sold at $63.25 per share, funded in three equal installments.

Key Details

• Final closing date: March 9, 2026 (third and final installment).
• Total proceeds: $1,518,000 (three payments of $506,000).
• Shares issued: 24,000 common shares at $63.25 per share.
• Placement relying on exemption from registration under Section 4(a)(2) of the Securities Act.

Why It Matters This filing confirms the company completed a previously announced private financing, adding $1.518M in cash to Brand Engagement Network’s balance sheet. Investors should note the small increase in outstanding shares (24,000), the identity of the purchaser (Ben Capital Fund I, LLC), and that the sale was unregistered under federal securities law. The funding may support operations or strategic initiatives, but the filing does not specify how the proceeds will be used.