Brand Engagement shares surge 17.31% intraday after terminating $50M equity purchase agreement with YA II PN, strengthening balance sheet and reducing dilution risk.

Brand Engagement surged 17.31% intraday, following the termination of its $50M equity purchase agreement with YA II PN, effective immediately with no outstanding obligations, and reinforcing its focus on secure enterprise AI solutions for regulated industries. The company, as a provider of secure enterprise AI solutions.