Brand Engagement Network Cuts $2.5 Million in Liabilities Through Debt Conversions
Brand Engagement Network Inc. (Nasdaq: BNAI) announced it has reduced its outstanding liabilities by approximately $2.5 million during the fourth quarter of 2025. The reduction was achieved through a series of debt-to-equity conversions, negotiated settlements, and payments. Notably, long-term investors converted $1,250,004 of debt and other liabilities into equity at a price of $2.10 per share, including $899,934 in loans and $350,070 in short-term liabilities. Additionally, $504,684 of affiliate debt was converted into equity, and further reductions included a $250,010 decrease in accounts payable and settlement of vendor obligations totaling about $487,306. The company stated that these actions strengthen its capital structure and enhance strategic flexibility.
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