Brand Engagement Network Inc. (BNAIW) Warrant
Each BNAIW warrant gives the holder the right to buy 1/10 share of Brand Engagement Network Inc. at $115.00 per share, until March 14, 2029. The stock last closed at $6.02, below the strike, so the warrant is out of the money. Brand Engagement Network Inc. has a market value of about $45.08M. There are 230.17K listed warrants; exercising all of them would add 0.3% to the 7.49M shares outstanding. The company can call the warrants if the stock trades at or above $100.00.
BNAI vs strike, last 12 months
No share-price history for BNAI yet.
Key terms
- Strike per share
- $115.00
- Shares per warrant
- 1/10
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-03-14
- Redemption trigger
- $100.00
- Cashless exercise
- allowed
- Break-even stock price
- $115.64
From the issuer's S-1/A (2024-08-12).
Company and stock
- Company
- Brand Engagement Network Inc.
- Underlying stock
- BNAI
- Share price
- $6.02
- Market cap
- $45.08M
- Shares outstanding
- 7.49M
- Value of all listed warrants
- $14.62K (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-14). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0635
- Price / model
Get Pro to see whether BNAIW is cheap or rich against our model.
Dilution
- Shares outstanding
- 7.49M
- Listed warrants
- 230.17K
- Dilution if all exercised
- 0.3%
Warrant count from XBRL (single class reported).
Filings and events
Questions about BNAIW
When does the BNAIW warrant expire?
BNAIW expires on March 14, 2029.
What is the strike price of BNAIW?
$115.00 per share; each warrant converts into 1/10 share, so exercising one warrant costs $11.50.
Can Brand Engagement Network Inc. redeem the BNAIW warrants early?
Yes. The company can call them if the share price reaches $100.00 for the required period (usually 20 of 30 trading days).
How many BNAIW warrants are outstanding?
230.17K listed warrants, equal to 0.3% dilution if all are exercised.