Joint VentureJun 9, 2026, 06:16 AM
Brand Engagement Network Forms INTERVENT Health AI Joint Venture
AI Summary
Brand Engagement Network Inc. (BEN) announced the formation of INTERVENT Health AI, Inc., a 50/50 joint venture with INTERVENT International, LLC. The new entity will focus on developing, deploying, and commercializing AI-powered health coaching solutions by combining BEN's conversational AI with INTERVENT's clinically validated methodologies and healthcare datasets. Key terms include exclusive five-year North American commercialization rights for BEN's subsidiary, SKYE AI USA, LLC, and a 35% revenue share for BEN from certain North American activities.
Key Highlights
- Brand Engagement Network (BEN) and INTERVENT International formed INTERVENT Health AI, a 50/50 joint venture.
- INTERVENT Health AI will develop AI-powered health coaching solutions using BEN's AI and INTERVENT's health methodologies.
- SKYE AI USA, a BEN subsidiary, has a five-year exclusive North American commercialization and technology development arrangement.
- BEN, through SKYE AI USA, will receive 35% of certain revenues from INTERVENT Health AI's North American activities.
- INTERVENT Health AI will receive 50% of gross revenues from non-exclusive international reseller arrangements in Latin America and Africa.
- The joint venture's capital structure includes 100,000,000 Class A Common Stock and 10,000,000 Class B Preferred Stock.
- BEN and INTERVENT each received 32,500,000 Class A Common Stock and 5,000,000 Class B Preferred Stock.
- The Board of Directors will consist of one BEN-appointed, one INTERVENT-appointed, and one mutually agreed independent director.
Price Impact
More from BNAI