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New Deal


Announced

BEN to go public via a merger with DHC Acquisition in a $358m deal.

Financials

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Transaction Value£285m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

Majority

Friendly

United States

AI Technology

AI-driven technology

Digital Services

Cross Border

Private

Single Bidder

Synopsis

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Brand Engagement Network, a provider of personalized customer engagement AI technology and human-like AI avatars, agreed to go public via a merger with DHC Acquisition, a special purpose acquisition company, in a $358m deal. “The announcement today to agree to go public via this combination with DHC represents a remarkable milestone in BEN’s journey. BEN's Al systems bring a deeper level of comprehension, empathy, and understanding to human-machine interactions. The backbone of BEN’s success is a rich platform of conversational AI modules that drive better, more personalized customer experience and increased operational efficiencies. We expect this transaction, in partnership with the remarkable team at DHC, to propel our efforts globally and open a pathway for public investors to participate in our important work,” Michael Zacharski, BEN CEO.

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