PartnershipMay 18, 2026, 06:17 AM
Brand Engagement Network Secures Exclusive Africa Reseller Rights
AI Summary
Brand Engagement Network Inc. announced the signing of a definitive Reseller Agreement with HighTide Energy, Inc. d/b/a Accelevate Solutions on May 14, 2026. This agreement significantly expands BNAI's footprint in Africa, granting its subsidiary SKYE AI USA, LLC exclusive rights for the entire continent for an initial term of five years. The exclusivity is subject to annual renewal based on minimum revenue thresholds, and the licensor is entitled to 35% of the gross revenue generated from sales, excluding hardware.
Key Highlights
- Brand Engagement Network Inc. (BNAI) signed a definitive Reseller Agreement with Accelevate Solutions on May 14, 2026.
- The agreement grants BNAI, through its subsidiary SKYE AI USA, LLC, exclusive rights for the African continent.
- The initial term of the exclusivity is five years, with annual renewal subject to minimum revenue thresholds.
- Accelevate, as the licensor, will receive 35% of the gross revenue (excluding hardware) from sales.
- The agreement includes standard provisions for indemnification, confidentiality, and establishes a joint Pricing Committee.
Price Impact
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