Brand Engagement Network Inc. (BNAI) Form 8-K — Aug 14, 2026
Brand Engagement Network (Nasdaq: BNAI) filed its Q2 2026 Form 10-Q and announced the completed acquisition of 100% of Cataneo GmbH, a Germany-based media and advertising technology company, for stated aggregate consideration of $19.5 million (GAAP fair value ~$13.7 million, including ~$9 million cash and ~$4.3 million in stock). Total assets nearly doubled to $30.7 million from $15.3 million at year-end 2025, driven by ~$10.8 million of goodwill and intangibles, while shareholders' equity rose to $19.4 million from $3.5 million and combined payables, short-term debt, and warrant liabilities fell about $3.3 million.
Key figures
- Total Assets
- 30700000
- Cash Position
- 708000
- Deal Value Usd
- $19.5 million (stated aggregate consideration; GAAP fair value ~$13.7 million)
- Cash Prior Usd
- $172,000 (December 31, 2025)
- Total Assets Prior Usd
- $15.3 million (December 31, 2025)
- Shareholders Equity Usd
- $19.4 million (up from $3.5 million)
- Accelevate Investment Usd
- $1 million for ~10% stake (warrants to ~20%)
- Acquisition Fair Value Usd
- $13.7 million
- Liabilities Reduction Usd
- $3.3 million (accounts payable, short-term debt, warrant liabilities)
- Goodwill And Intangibles Usd
- $10.8 million
- Short Term Debt Reduction Usd
- $1.0 million
- Accounts Payable Reduction Usd
- $1.8 million
- Acquisition Cash Component Usd
- $9 million
- Acquisition Stock Component Usd
- $4.3 million
- Skye Africa Common Equity Percent
- 25%
- Skye Africa Revenue Share Percent
- 35%
- Acquisition Other Consideration Usd
- $0.4 million
- Skye Africa Preferred Equity Stated Value Usd
- $2.05 million
Price after filing
Close on the filing date to close N calendar days later (from $15.90). Historical, not a forecast.
AI analysis
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