{"url_path":"/sec/bnaiw/8-k/2026-05-18/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/1838163/0001493152-26-024040-index.html","accession_number":"0001493152-26-024040","cik":"0001838163","ticker":"BNAI","issuer_name":"Brand Engagement Network Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1838163/0001493152-26-024040-index.html","primary_entity_key":"0001838163","primary_entity_name":"Brand Engagement Network Inc."},"word_count":258,"has_tables":true,"body_markdown":"**Item\n1.01 Entry into a Material Definitive Agreement.**\n\n \n\nAs\npreviously disclosed in the Current Report on Form 8-K filed by Brand Engagement Network Inc. (the “Company”) on April 22,\n2026, the Company entered into a letter agreement with HighTide Energy, Inc. d/b/a Accelevate Solutions (“Accelevate”) regarding\na strategic investment and commercial collaboration (the “Letter Agreement”).\n\n \n\nOn\nMay 14, 2026, the Company entered into a definitive Reseller Agreement (the “Commercial Agreement”) with Accelevate.\n\n \n\n**Commercial\nand Reseller Agreements**\n\n \n\nOn\nMay 14, 2026, the Company executed a definitive Reseller Agreement with Accelevate. This agreement significantly expands the Company’s\nfootprint in Africa. Through its subsidiary SKYE AI USA, LLC, the Company secured exclusive rights for the territory of the African continent\nand all countries within for an initial term of five (5) years. This exclusivity remains subject to annual renewal based on minimum revenue\nthresholds applicable to subsequent consecutive years.\n\n \n\nUnder\nthe terms of this agreement, the licensor of the respective technology is entitled to 35% of the gross revenue (excluding hardware) generated\nfrom such sales. The agreement also establishes a joint Pricing Committee and include standard provisions for indemnification and confidentiality.\n\n \n\nThe\nforegoing description of the Commercial Agreement does not purport to be complete and is qualified in its entirety by reference to the\nredacted text of the Agreement, a copy of which is filed (with certain portions redacted in accordance with Item 601(b)(10)(iv) of Regulation\nS-K and certain schedules and exhibits omitted in accordance with Item 601(b)(2) of Regulation S-K) as Exhibit 10.2 and hereto and incorporated\nby reference herein."}