Business
BEN Announces Closing of Business Combination, to Begin Trading on Nasdaq Under Symbol “BNAI”
JACKSON, Wyo. & SOUTHLAKE, Texas--(BUSINESS WIRE)-- Brand Engagement Network Inc. (“BEN”), an emerging provider of personalized customer engagement AI, today
About this update from Brand Engagement Network Inc.
[{"type":"text","content":" JACKSON, Wyo. & SOUTHLAKE, Texas--(BUSINESS WIRE)--\nBrand Engagement Network Inc. (“BEN”), an emerging provider of personalized customer engagement AI, today reported the closing of its previously announced business combination (the “Business Combination”) with DHC Acquisition Corp. (Nasdaq: DHCA). DHC shareholders approved the transaction at DHC’s extraordinary general meeting held on March 5, 2024.\n\n\nThe combined company is now called Brand Engagement Network Inc. and is expected to begin trading on the Nasdaq Stock Market on Friday, March 15, 2024, under the ticker symbol “BNAI” for its common stock and “BNAIW” for its publicly traded warrants.\n\n\n“We are pleased to complete our business combination with DHC and begin our next chapter. As a pure play public AI company, we expect BEN will continue to lead the design of business-safe AI solutions. We are committed to AI that delivers to our customers personalized consumer engagement, superior CX, productivity and performance through helpful, friendly AI assistants,” said BEN CEO Michael Zacharski. “We are incredibly grateful to our leadership team, employees and partners around the world for their support in our journey. We are looking forward to the future and believe BEN is well-positioned to capitalize on significant growth opportunities and generate substantial value for all stakeholders.”\n\n\n“BEN’s full-stack solution offers a scalable, customizable human-like AI platform that can increase customer engagement while delivering a safe, secure, consistent, and effective message,” said DHC Co-CEO and CFO Chris Gaertner. “We are pleased that our investors supported the merger and look forward to continuing our partnership as long-term owners and supporters of BEN”.\n\n\nBEN’s management team, led by CEO and Michael Zacharski, Global President Paul Chang and CFO Bill Williams, will continue to lead the public company following the Business Combination.\n\n\nAbout BEN\n\n\nBEN (Brand Engagement Network) is a leading provider of conversational AI technology and human-like AI avatars headquartered in Jackson, WY. BEN delivers highly personalized, multi-modal (text, voice, and vision) AI engagement, with a focus on industries where there is a massive workforce gap and an opportunity to transform how consumers engage with networks, providers, and brands. The backbone of BEN’...