Brand Engagement Network Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
BNAI$4.49+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Year EndedDecember 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Operating costs | $2,809,965 | $5,390,808 |
| Loss from operations | (2,809,965) | (5,390,808) |
| Other (expenses) income | ||
| Change in fair value of warrant liability | (164,410) | 8,135,024 |
| Expense related to non-redemption agreement | (8,614,541) | — |
| Forgiveness of deferred underwriting fee | 348,344 | — |
| Interest income on marketable securities held in Trust Account | 4,360,578 | 4,462,497 |
| Other (expenses) income, net | (4,070,029) | 12,597,521 |
| Net (loss) income | $(6,879,994) | $7,206,713 |
| Basic and diluted weighted average shares outstanding of Class A ordinary shares redeemable shares | 9,779,707 | 30,945,072 |
| Basic and diluted net (loss) income per ordinary share, Class A ordinary shares redeemable shares | $(0.39) | $0.19 |
| Basic and diluted weighted average shares outstanding of Class A and B ordinary shares non-redeemable shares | 7,736,268 | 7,736,268 |
| Basic and diluted net (loss) income per ordinary share, Class A and B ordinary shares non-redeemable shares | $(0.39) | $0.19 |
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