Brand Engagement Network (BNAI)announced that it will effect a 1-for-10 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on December 12, 2025. At the effective time, every ten shares of the company’s common stock will be automatically combined into one share. The reverse stock split will not impact the number of authorized shares or the par value of the common stock. Following the reverse stock split, the company’s common stock will continue trading on The Nasdaq Capital Market under the ticker symbol “BNAI” and will begin trading on a split-adjusted basis at market open on December 12, 2025. The new CUSIP number will be 104932 207.
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