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Brand Engagement Network Raises $1.46M, Strengthens Balance Sheet

1/29/2026

Summary

Story summary

Brand Engagement Network, Inc. (BEN) announced on January 28, 2026, that it raised $1.46 million via warrant exercises and equity plan activities.
The company converted $737,500 of debt into shares, strengthening its balance sheet.
Following these actions, BEN has about 5.78 million shares outstanding.
Public warrants were updated after a reverse stock split, with an exercise price of $115 per share, as Luck emphasized disciplined capital management to support growth.

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Story summary

Brand Engagement Network, Inc. (BEN) announced on January 28, 2026, that it raised $1.46 million via warrant exercises and equity plan activities.
The company converted $737,500 of debt into shares, strengthening its balance sheet.
Following these actions, BEN has about 5.78 million shares outstanding.
Public warrants were updated after a reverse stock split, with an exercise price of $115 per share, as Luck emphasized disciplined capital management to support growth.