Brand Engagement Network (BNAI) Stock Surges on $2M Valio Technologies Africa Deal
Brand Engagement Network Inc. shares skyrocketed following a strategic partnership with Valio Technologies, securing $2.05 million in preferred equity investment. The deal grants BNAI 25% equity ownership in a new South Africa-based entity, along with exclusive AI licensing rights for African government and commercial markets.
The agreement includes a perpetual revenue-sharing model, with BNAI receiving 35% of proceeds from software and SaaS products. A memorandum of understanding with Nelson Mandela University aims to deploy AI solutions targeting student mental health—a MOVE that could set precedents for educational technology applications.
Despite trading 273% above its 20-day moving average, the stock's RSI at 77.72 signals potential overbought conditions. This capital infusion and continent-wide licensing framework position BNAI for accelerated growth in emerging AI markets.
