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Brand Engagement Network Invests $1 Million in Accelevate Solutions
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Brand Engagement Network Invests $1 Million in Accelevate Solutions
Jun 5, 2026 4:07 AM

06:51 AM EDT, 06/05/2026 (MT Newswires) -- Brand Engagement Network ( BNAI ) completed a $1 million strategic investment in Accelevate Solutions, acquiring an approximately 10% ownership stake in the fleet intelligence provider, the company said Friday.

The company said it received a warrant that could raise its stake in Accelevate to roughly 20% within the next six months.

Brand Engagement Network ( BNAI ) secured a $1 million equity commitment from investors at $17.82 per share to support its planned increase in ownership of Accelevate, representing a premium of more than 20% to its May 29 closing price, it added.

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