Mergers & Acquisitions ·
Brand Engagement Network completes acquisition of Cataneo for $19.5 million in cash, stock, and deferred consideration
BNAIBrand Engagement Network Inc.
Brand Engagement Network Inc. completed its acquisition of Cataneo GmbH on June 30, 2026, pursuant to a Share Purchase and Transfer Agreement dated April 30, 2026. The transaction involved an aggregate consideration valued at $19.5 million, with the acquisition-date fair value measured at approximately $13.7 million. This consideration consisted of $9.0 million in cash, $4.3 million in common stock (255,014 shares), and $0.4 million in deferred consideration. The filing includes audited financial statements for Cataneo GmbH for the years ended December 31, 2025 and 2024, unaudited condensed consolidated financials as of March 31, 2026, and unaudited pro forma combined financial information. Brand Engagement Network Inc. operates in the digital marketing and brand engagement industry.