BEN and DHC Acquisition Corp. Announce Effectiveness Of Registration Statement And March 5, 2024 Extraordinary General Meeting To Approve Business Combination
Portfolio Pulse from Benzinga Newsdesk
Brand Engagement Network (BEN) and DHC Acquisition Corp. (NASDAQ:DHCA) announced the SEC's approval of their Registration Statement for a proposed business combination. The extraordinary general meeting for DHC shareholders to vote on this merger is scheduled for March 5, 2024. The merger, expected to close shortly after the meeting, will result in the combined entity listing on Nasdaq under the ticker 'BNAI'. BEN's leadership believes this move will advance their mission of creating AI-driven customer engagement solutions.
February 15, 2024 | 1:07 pm
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DHC Acquisition Corp. (DHCA) is set to merge with BEN, with shareholder voting on March 5, 2024, and the combined entity to list under 'BNAI'.
The approval of the Registration Statement by the SEC and the scheduling of the shareholder meeting are significant steps towards the completion of the merger between DHC Acquisition Corp. and BEN. This news is likely to be viewed positively by investors as it progresses towards finalizing the business combination, potentially leading to an increase in DHCA's stock price in the short term.
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