DHC Acquisition Corp. Shareholders Approve Previously Announced Business Combination With BEN, To Be Listed On Nasdaq Under The Ticker Symbol "BNAI"
Portfolio Pulse from Benzinga Newsdesk
DHC Acquisition Corp. (NASDAQ:DHCA) shareholders approved the business combination with Brand Engagement Network Inc. (BEN), to be listed on Nasdaq as BNAI. The approval occurred during the Extraordinary General Meeting on March 5, 2024. The combined entity will operate under the name Brand Engagement Network Inc. and expects to be listed with the ticker BNAI, with warrants under BNAIW.
March 07, 2024 | 2:14 pm
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POSITIVE IMPACT
DHC Acquisition Corp.'s shareholders approved the merger with BEN, leading to a new Nasdaq listing under BNAI.
The approval of the merger by DHCA's shareholders is a significant step towards the completion of the business combination with BEN. This strategic move is likely to generate investor interest and potentially increase the stock price in the short term, as the market reacts to the positive development and the prospects of the new combined entity.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100