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Jackson, Wyoming and Southlake, Texas, March 14, 2024–(BUSINESS WIRE)–Brand Engagement Network Inc. (“BEN”), an emerging provider of personalized customer engagement AI, today announced its previously announced business combination with DHC Acquisition Corp. ( We have reported the completion of the “Business Combination”). (NASDAQ:DHCA). DHC shareholders approved the transaction at DHC’s special general meeting held on March 5, 2024.
The combined company will now be called Brand Engagement Network Inc. and will begin trading on the Nasdaq Stock Market on Friday, March 15, 2024, under the ticker symbol “BNAI” for common stock and “BNAIW” for listed warrants. It is scheduled to start. .
“As a pure public AI company, we look forward to BEN continuing to lead the way in designing business-safe AI solutions. We are fully committed to AI to meet our needs. Michael Zacharski, CEO of BEN We would like to express our sincere gratitude to our management team, employees and partners. We look forward to the future and believe that BEN is well positioned to take advantage of significant growth opportunities and create significant value for all stakeholders. Masu” . ”
“BEN’s full-stack solution provides a scalable, customizable, human-like AI platform that can increase customer engagement while delivering safe, secure, consistent, and effective messages.” said Chris Gaertner, co-CEO and CFO of DHC. “We are pleased that our investors supported the merger and look forward to continuing our partnership as long-term owners and supporters of BEN.”
BEN’s management team, led by CEO Michael Zacharski, Global President Paul Chan, and CFO Bill Williams, will continue to lead the public company following the merger.
About Ben
BEN (Brand Engagement Network) is a leading provider of conversational AI technology and human-like AI avatars, headquartered in Jackson, Wyoming. BEN is focused on industries with significant workforce gaps and opportunities to transform how consumers interact with networks, providers, and brands, with highly personalized, multimodal (text, voice, vision) AI. Provides engagement. The backbone of BEN’s success is its rich portfolio of conversational AI applications that drive improved customer experiences, increased automation, and increased operational efficiency. BEN seeks to partner with companies with complementary capabilities and networks to achieve meaningful business outcomes.
For more information about BEN, please visit https://beninc.ai/.
Forward-looking statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts and that DHC and DHC and BEN is significantly different from what was expected and predicted. These forward-looking statements include statements such as “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” and “will.” You can be identified by the use of forward-looking terminology, including the following: “,” “may,” “anticipate,” “anticipate,” “continue,” or “should,” or in each case, negative or other variations thereof, or similar term.
These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from anticipated results. Most of these factors are outside of DHC’s control and are difficult to predict. Factors that could cause such differences include, but are not limited to: failure to realize the anticipated benefits of the business combination; risks related to the uncertainty of financial information anticipated with respect to BEN; the occurrence of events, changes or other circumstances that may cause the ultimate termination of the transaction agreement; BEN’s history of operating losses. BEN requires additional capital to support its current business plans and anticipated growth. Technological changes in the BEN market. the value and enforceability of BEN’s intellectual property protection; BEN’s ability to protect its intellectual property; Material weaknesses in BEN’s financial reporting. BEN’s ability to navigate complex regulatory requirements; the ability to maintain the listing of DHC’s securities on national securities exchanges; our ability to execute our business plans, forecasts and other expectations following the completion of the business combination; the effect of competition on BEN’s business; the risks of operating and effectively managing growth in evolving and uncertain macroeconomic conditions, including high inflation and recessionary environments; and the continuing risks associated with the COVID-19 pandemic. The foregoing list of factors is not exhaustive.
BEN cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance on forward-looking statements. These statements speak only as of the date on which they are made. BEN undertakes no obligation or undertaking to publicly update or revise any forward-looking statements to reflect changes in its expectations or to reflect changes in events, conditions or circumstances on which such statements are based. not. We do not intend to do so unless required by applicable law. Further information regarding factors that may materially affect BEN, including its results of operations and financial condition, can be found in the “Risk Factors” section of DHC Acquisition Corp.’s Form S-4 registration statement filed with the Securities and Exchange Commission. ”. October 17, 2023 (as amended).
View source version on businesswire.com. https://www.businesswire.com/news/home/20240314111670/ja/
contact address
ben
Investor:
Ryan Flanagan, ICR
ryan.flanagan@icrinc.com
media:
Dan Brennan, ICR
dan.brennan@icrinc.com
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