Brand Engagement Network (BNAI) stock jumps more than 200% in premarket as Africa AI deal stays in focus
Brand Engagement Network shares soared over 200% to $52 in early U.S. premarket trading after announcing a $2.05 million Africa licensing and investment deal. Premarket volume reached about 1 million shares, with traders wary of thin conditions and the company’s limited revenue history. The deal includes a 35% revenue share and a board seat in a new South Africa-based entity. BNAI’s market cap stood near $74 million after a 90% surge in the prior session.