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Brand Engagement Network Inc. (NASDAQ:BNAI) announced Monday that it will hold its 2025 Annual Meeting of Shareholders virtually via Zoom (NASDAQ:ZM) Webinar on July 22, 2025. The company set June 24, 2025, as the record date for determining shareholders entitled to receive notice of and vote at the meeting. The announcement comes as the company’s stock trades near $0.29, having declined over 91% in the past year. According to InvestingPro analysis, the company’s financial health is currently rated as weak.
According to a statement filed with the Securities and Exchange Commission, the agenda for the 2025 Annual Meeting will include the election of directors and the ratification of the appointment of the company’s independent registered public accounting firm. The company also indicated that other business matters may be addressed as appropriate.
Shareholders wishing to attend the meeting must register in advance through the provided online portal. Upon registration, participants will receive a confirmation email with a unique link and instructions to access the virtual meeting.
Brand Engagement Network Inc. is incorporated in Delaware and lists its common stock and redeemable warrants on The Nasdaq Stock Market LLC under the symbols BNAI and BNAIW, respectively.
The company stated that this announcement is solely to communicate the date, time, and virtual location of the annual meeting, and does not constitute a solicitation of proxies or an offer to sell or buy securities.
This information is based on a press release statement contained in the company’s recent SEC filing.
In other recent news, Brand Engagement Network has reported its Q2 2025 earnings, highlighting a strategic emphasis on cost management and innovation in AI. The company successfully reduced its general and administrative expenses by nearly 50% compared to the previous year, underscoring its focus on operational efficiency. Additionally, Brand Engagement Network secured a $3.5 million line of credit from Core Capital Partners (WA:CPAP), providing the company with increased financial flexibility. The company is preparing for the acquisition of Catanelle, a Germany-based media technology company, as part of its long-term growth strategy. Despite these developments, revenue from paid pilots remains modest, with a focus on converting these into significant revenue-generating contracts. Analysts have noted the company’s optimism in sectors like healthcare and automotive, where it aims to expand its AI solutions. Brand Engagement Network has also launched new products such as the iSky platform, which features industry-specific training and controlled AI interactions. These recent developments reflect the company’s ongoing efforts to solidify its position in the AI market.
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