Brand Engagement Network Converts $504,684 Affiliate Debt to Equity at $2.10 Per Share

Reuters
Dec 18, 2025
Brand Engagement Network Converts $504,684 Affiliate Debt to Equity at $2.10 Per Share

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.

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