Jun. 4 at 8:33 AM
$BNAI
On May 30, 2026, Brand Engagement Network closed a previously disclosed strategic investment in HighTide Energy, Inc., doing business as Accelevate Solutions, as part of a broader commercial collaboration in the commercial fleet sector. Under mutual resale and distribution arrangements, each company will distribute the other’s AI-enabled products and services in specified territories, aiming to deepen their presence in fleet-focused AI solutions.
Under a Securities Purchase Agreement, BEN acquired 243,309 Accelevate common shares at
$4.11 per share for a total of
$1 million, with
$250,101 paid on April 22, 2026, and the remaining
$749,899 wired on June 3, 2026. Accelevate also issued BEN a one-year warrant for an additional 243,309 shares at the same price, which BEN intends to exercise, and the agreement clarified a prior pricing error while providing customary protections and relying on securities law registration exemptions.
