Brand Engagement Network issues 4,011 shares in $53,150 debt-to-equity conversion at $13.25 each - BNAI News | RalliesBrand Engagement Network issues 4,011 shares in $53,150 debt-to-equity conversion at $13.25 each
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BNAI• Debt conversion and recent equity issuances
- Brand Engagement Network entered a conversion agreement on July 21, 2026 with BEN Capital Fund I, LLC.
- BEN Capital converted $53,150 of advances into 4,011 common shares at $13.25 per share.
- The shares were issued in an unregistered transaction under Securities Act Section 4(a)(2).
- Separately, July 1–22 equity issuances raised $460,867.30; conversions totaled $328,150, lifting balance sheet by about $789,017.30.
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