Brand Engagement Network (BNAI) just unveiled an announcement.
Brand Engagement Network Inc. has modified its agreements with Michael Zacharski, granting him a $500,000 merger bonus, half in restricted stock and half in cash, and extending his stock option period until 2033. Zacharski’s role has also evolved to Co-CEO, focusing on strategic acquisition advice. Additionally, the company converted $420,000 of debt into equity with October 3rd Holdings and sold $300,000 worth of securities, including common stock and warrants, to an unnamed purchaser, leveraging exemptions under the Securities Act of 1933.
Learn more about BNAI stock on TipRanks’ Stock Analysis page.
