# EDGAR Filing Document

**Accession Number:** 0001838163
**File Stem:** 0001493152-26-002960
**Filing Date:** 2026-1
**Character Count:** 13161
**Document Hash:** d2567fa2ad5fa4721379e538ef1fa52d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-002960.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0001493152-26-002960

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260120

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brand Engagement Network Inc.
- **CENTRAL INDEX KEY:** 0001838163
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40130
- **FILM NUMBER:** 26544716

**BUSINESS ADDRESS:**
- **STREET 1:** 145 E. SNOW KING AVE
- **STREET 2:** PO BOX 1045
- **CITY:** JACKSON
- **STATE:** WY
- **ZIP:** 83001
- **BUSINESS PHONE:** 307-757-3650

**MAIL ADDRESS:**
- **STREET 1:** 145 E. SNOW KING AVE
- **STREET 2:** PO BOX 1045
- **CITY:** JACKSON
- **STATE:** WY
- **ZIP:** 83001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DHC Acquisition Corp.
- **DATE OF NAME CHANGE:** 20201229

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

**Date of Report (Date of earliest event reported): January 20, 2026**

**Brand Engagement Network Inc.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-40130** | **98-1574798** |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

---

300 Delaware Ave, Suite 210

Wilmington, DE 19801

(Address of principal executive offices, including zip code)

(307) 757-3650

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock, par value $0.0001 per share BNAI | The Nasdaq Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement**

On January 20, 2026, Brand Engagement Network, Inc. (the "Company") finalized a strategic licensing and investment arrangement with Valio Technologies (Pty) Ltd ("Valio") and a newly formed South Africa–based entity.

Valio Technologies is led by Lefentse Nokaneng, who also serves as General Manager: Research at Brand South Africa, South Africa's official national branding agency.

Pursuant to the arrangement, the Company will receive a $2,050,000 preferred equity contribution, which will be recognized as intellectual property licensing revenue. The arrangement provides the Company with 25% common equity ownership in the newly formed entity and one board seat, as well as a 35% revenue share on software, SaaS, services, and subscription revenues. The agreement grants the entity an exclusive license to deploy the Company's technology across government and private-sector markets in Africa on a perpetual basis, subject to customary rights of first refusal on any sale.

In connection with the Company's expansion in Africa, the Company and Valio have entered into a memorandum of understanding with Nelson Mandela University for a governance- and institution-approved artificial intelligence pilot deployment designed to support student well-being. The memorandum of understanding is non-binding and does not create any material financial obligation for the Company.

The foregoing description of the arrangement does not purport to be complete and is qualified in its entirety by the terms of the definitive agreement.

**Item 9.01 Financial Statements and Exhibits** (d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release dated January 21, 2026](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **Brand Engagement Network Inc.** | **Brand Engagement Network Inc.** |
| Date: January 21, 2026 | By: | */s/ Tyler Luck* |
|  |  | Tyler Luck |
|  |  | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**FOR IMMEDIATE RELEASE**

**Brand Engagement Network Secures $2.050 Million AI Licensing Partnership in Africa**

***Featuring Institution-Approved Mental Health Pilot at Nelson Mandela University***

WILMINGTON, Del. and Johannesburg, South Africa, Jan. 21, 2026—Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN"), a provider of secure, governed conversational AI solutions for regulated industries, today announced the finalization of a strategic partnership with Valio Technologies (Pty) Ltd ("Valio") to establish an exclusive AI licensing framework for government and commercial markets across Africa. The partnership includes a memorandum of understanding with Nelson Mandela University for a regulated, institution-approved pilot deployment of artificial intelligence designed to enhance student wellbeing.

Key Deal Terms

● $2,050,000 preferred equity contribution from a newly formed South Africa–based entity to BEN, recognized as intellectual property licensing revenue

● 25% common equity ownership in the newly formed entity and one board seat

● 35% revenue share across software, SaaS, services, and subscription offerings

● Exclusive license for government and private-sector markets across Africa

● Perpetual term with right of first refusal on any sale

The partnership leverages BEN's proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) technologies to deliver compliant, localized AI solutions aligned with growing data sovereignty and regulatory requirements across African markets.

Nelson Mandela University: Governed AI in Practice. As part of the Africa expansion, BEN and Valio have entered into a memorandum of understanding with Nelson Mandela University to implement a governance framework for an AI-powered mental health support initiative for students. The planned deployment is intended to operate within a secure, closed-loop environment and is trained exclusively on institution-approved content, without access to external public models or the open internet.

The initiative is designed to complement the University's existing counseling, wellness, and psychosocial services by expanding access to confidential, culturally relevant support while maintaining strict governance, institutional oversight, and appropriate escalation to human care when required. This comes at a critical time, as mental health challenges among university students are at alarming levels globally. In South Africa, prevalence rates for anxiety disorders reach up to 37.1% among students<sup>1</sup>, with post-traumatic stress disorder (PTSD) affecting 21-24.5%<sup>2</sup>, and overall perceived stress impacting 64.7% of university students across Africa<sup>3</sup>. Similarly, in the United States, 37% of college students report moderate to severe anxiety<sup>4</sup>, 44% experience depression symptoms<sup>5</sup>, and 60% meet criteria for at least one mental health issue<sup>6</sup>, underscoring the universal need for innovative, governed solutions like this pilot.

"In mental health applications, accuracy, governance, and trust are essential," said Lefentse Nokaneng, Chief Executive Officer of Valio Technologies and General Manager: Research at Brand South Africa, South Africa's official national branding agency<sup>7</sup>. "We selected BEN because its technology is built with control and accountability at its core, supporting institutions as they responsibly explore how AI can complement existing support services."

"This partnership reflects our strategy of pairing commercial scale with real-world, institution-approved deployments," said Tyler Luck, Chief Executive Officer and Co-Founder of BEN. "Africa, with its rapidly growing digital economy and more than 1.4 billion people, represents a significant opportunity for governed AI adoption across public and private sectors. By combining exclusive licensing, equity participation, and trusted institutional collaborations like Nelson Mandela University, we are building a scalable ecosystem aligned with regulatory, cultural, and societal priorities."

Valio Technologies is also the creator of eYakho Health, a digital health platform that aims to become one of Africa's largest connected health networks, linking patients, clinicians, pharmacies, diagnostic providers, and hospitals through a unified digital ecosystem accessible across the continent.

This announcement marks BEN's second major international AI licensing agreement — following the highly successful Skye LATAM partnership in Latin America — and underscores growing demand for compliant, sovereignty-aligned AI solutions across life sciences, healthcare, insurance, financial services, hospitality, retail, and automotive sectors.

**About Valio Technologies (Pty) Ltd** Valio Technologies (Pty) Ltd is a Pan-African technology company focused on deploying enterprise-grade artificial intelligence, automation, and digital platforms tailored to developing and emerging markets. Valio partners with public- and private-sector organizations to deliver locally governed, scalable technology solutions across sectors including healthcare, government services, and enterprise modernization. Valio is also the creator of eYakho Health, one of Africa's largest digital health networks. For more information, visit <u>www.valiotechnologies.com</u>.

**About Nelson Mandela University** Nelson Mandela University is a public comprehensive university in South Africa, named in honor of Nelson Rolihlahla Mandela, and recognized for its commitment to transformative education, research, and community engagement. For more information, visit <u>www.mandela.ac.za</u>.

**BEN Media Contact:** <u>amy@beninc.ai</u>

**BEN Investor Relations Contact:** <u>investors@beninc.ai</u>

**Forward-Looking Statements** This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may affect results are detailed in the Company's filings with the U.S. Securities and Exchange Commission. BEN undertakes no obligation to update any forward-looking statements.

**Sources / Footnotes**

<sup>1</sup> Anxiety disorders prevalence in South African students: <u>https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10607458/</u> (2023 study)

<sup>2</sup> PTSD prevalence in South African students: <u>https://www.tandfonline.com/doi/full/10.1080/09540261.2021.1997893</u> (2021–2022 data)

<sup>3</sup> Perceived stress across African university students: <u>https://bmcpublichealth.biomedcentral.com/articles/10.1186/s12889-022-12921-2</u> (2022 meta-analysis)

<sup>4</sup> US college student anxiety: <u>https://healthymindsnetwork.org/hms/</u> (2023 Healthy Minds Study)

<sup>5</sup> US college student depression: <u>https://jedfoundation.org/mental-health-and-college/</u> (2023 data)

<sup>6</sup> Overall mental health prevalence in US college students: <u>https://www.nimh.nih.gov/health/statistics/mental-illness</u> (NIMH, adjusted for college population 2023)

<sup>7</sup> Brand South Africa leadership reference: <u>https://www.sanews.gov.za/south-africa/south-africa-captivating-global-destination</u>