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Brand Engagement Network Boosts Revenue with Cataneo Acquisition
Brand Engagement Network, Inc. (Nasdaq: BNAI) completed the acquisition of German software firm Cataneo GmbH on June 30, 2026. The acquired operations generated approximately $5.3 million in revenue for the first half of 2026, a dramatic increase from BNAI’s prior quarterly revenue of about $104,311.
The company projects annualized cost synergies of roughly $900,000 through the twelve‑month period ending June 30, 2027, stemming from consolidation and other efficiency measures. These figures are preliminary and unaudited, and the acquired business will be consolidated into BNAI’s financial statements from the acquisition date, with updated results to be filed with the SEC. CFO and COO Walid Khiari said, "The acquisition has materially changed the scale of our business," noting a larger revenue base and a clear path to improved operating leverage.
Entities
Brand Engagement Network, Inc. · Cataneo GmbH · Walid Khiari