New York, Feb 25, 2026, 06:33 EST — Premarket
- Brand Engagement Network shares added 6.7% in premarket action, building on the previous session’s 40.2% surge. (Public)
- The company has scrapped its $50 million standby equity purchase agreement, according to a recent SEC filing. (SEC)
- Attention is on a February close related to a $1.518 million private placement the company put forward last month. (PR Newswire)
Brand Engagement Network shares climbed another 6.7% to $30.08 ahead of Wednesday’s open, coming off a sharp 40.2% rally in the previous session that left them at $28.20 by the close. On Tuesday, the stock swung between $20.72 and $29.00, with roughly 4.74 million shares trading hands, data from Investing.com show. (Investing.com)
Those back-to-back swings count for something: this stock’s got a track record of sharp moves on just a bit of action. Momentum traders jump in quick. Slower hands? They’re left watching gaps stack up on their screens.
The company focuses on AI-powered customer engagement tools, spanning text, voice, and avatars, and targets regulated sectors along with “closed-loop” setups. According to its investor relations site, the latest press release came out Feb. 5, so investors haven’t had much in the way of recent updates to drive the stock’s latest move. (investors.brandengagementnetwork.com)
Brand Engagement Network, in a Feb. 5 filing, said it has ended its standby equity purchase agreement with YA II PN, tied to Yorkville Advisors. That pact would have let it sell as much as $50 million in stock gradually. “We remain focused on maintaining a disciplined capital strategy and a clean capital structure as we scale revenue-generating deployments,” Chief Executive Tyler Luck said. The company also listed roughly 5.83 million shares outstanding and a public float near 3.38 million. (investors.brandengagementnetwork.com)
The company announced Jan. 30 it pulled in $818,302.70 from warrant exercises and paid down $640,332.46 in older debt. It also closed a $1.518 million private placement, pricing shares at $63.25 each — no warrants attached. “This week reflects continued execution against our financial strategy,” Luck said. (investors.brandengagementnetwork.com)
Private placements let companies sell stock directly to investors, sidestepping the public market and usually relying on registration exemptions. Public float, the chunk of shares you can actually trade, tends to magnify price swings when it’s small—bigger jumps, sharper drops.
Thin trading isn’t a one-way street. With wide spreads and crowded exits, even a hint that the company might tap fresh equity earlier than investors thought can turn sentiment on a dime—especially when the stock is already posting double-digit moves every session.
Eyes are on the next company filing tied to the private placement timeline, with an anticipated Feb. 25 closing and a final round set for March 25, according to a Jan. 29 filing. For traders, though, the immediate focus is a few hours out: will that premarket surge stick when the bell rings? (SEC)