Brand Engagement shares rise 56.70% premarket after finalizing $5M AI licensing partnership with SKYE LATAM.

Tuesday, Nov 11, 2025 5:15 am ET1min read
Brand Engagement Network (NASDAQ:BNAI) surged 56.7% in premarket trading following the announcement of a $5 million exclusive AI licensing partnership with SKYE Inteligencia LATAM. The deal, effective October 30, 2025, includes a preferred equity contribution from SKYE LATAM to BEN, a 25% common stock stake in SKYE LATAM, and a 35% revenue share on software, SaaS, and services. BEN secures exclusive government-sector licensing rights in Latin America and Spain, leveraging its Engagement Language Model (ELM™) and RAG technology to address data sovereignty mandates in the region. The partnership marks BEN’s first major international licensing agreement, positioning the firm to capitalize on AI adoption in regulated markets amid growing compliance requirements in Mexico, Brazil, and Argentina. The transaction underscores strategic expansion into high-growth, localized AI solutions, aligning with management’s emphasis on digital transformation in Latin America’s 663-million-person market.

Comments



Add a public comment...
No comments

No comments yet