JACKSON, Wyo.--(BUSINESS WIRE)--Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI technology and human-like AI avatars, today announced that it intends to appoint Jon Leibowitz as an independent board member in connection with the consummation of its business combination. As former chairman of the United States Federal Trade Commission (“FTC”), Leibowitz has a deep understanding of consumer protection policies and a history of regulating technologies that directly impact consumers’ relationships with businesses, especially artificial intelligence (“AI”).
"Jon Leibowitz’s confidence in BEN’s technology attests to the potential of AI-driven solutions to improve customer relations and experiences,” said Michael Zacharski, CEO of BEN. “We believe his vast experience with consumer protection and deep understanding of technology’s role in ensuring privacy will be instrumental to our ongoing growth and development.”
BEN believes Leibowitz’s expertise in AI, business ethics and consumer protection will help to guide BEN’s strategy as the company continues to develop and launch AI solutions that solve specific challenges for consumers and professionals across various industries. In September, 2023, BEN announced that it entered into a definitive agreement to merge with DHC Acquisition Corp. (Nasdaq: DHCA) (“DHC”), a special purpose acquisition company (“SPAC”) focused on technology, to become a publicly traded company on NASDAQ.
Throughout decades of experience as a legal practitioner, Leibowitz has not only directed regulatory policy as chairman of the FTC, but also acted as counsel to U.S. senators and served as an antitrust partner at Davis Polk & Wardwell, a global business law firm serving clients across various industries, including media and technology. Leibowitz is a long-time advocate for antitrust regulation and for robust consumer protection and privacy laws. He recently testified before Congress on “Safeguarding Data and Innovation: Building The Foundation for The Use of Artificial Intelligence.”
“BEN’s technology is developing the inspiring capabilities of providing accurate information to customers at the precise moment it’s needed, while also protecting the privacy of consumers in those interactions,” said Jon Leibowitz. “I’m delighted to be joining BEN as an independent board member because of the company’s mission to improve business-to-customer communication, with the foundational tenet of respecting consumer privacy.”
For more information about BEN and how the company is helping organizations and consumers across various industries, please visit: https://beninc.ai/.
About DHC Acquisition Corp.
DHC Acquisition Corp. (Nasdaq: DHCA) is a SPAC focused on partnering with an innovative technology company. DHC’s mission is to invest in companies which are charting the future of how humans and business interact at the last mile, spanning enterprise infrastructure, industrial IoT, automation, retail and E-commerce infrastructure, automotive, and aerospace. We endeavour to enable the applications of innovative technology and business models which bring goods, people, or information to its final destination.
DHC’s approach to business is based on teamwork, integrity and quiet professionalism, qualities we learned during our extensive training in the military. We bring our unique hybrid experience and our values into the corporate world, building high performing teams in a range of specialized industries: technology, consumer, aviation, defense, automotive, investment banking, capital markets, and asset management. Our collective experience includes: >25 years as CEOs of public companies, 8 companies founded, 13 companies acquired, and >55 years in military leadership.
Important Information About the Business Combination and Where to Find It
In connection with the BEN’s announcement of its intent to go public via a merger with DHC Acquisition Corp. (“DHC”) (the “Business Combination”), DHC has filed a registration statement on Form S-4 (the “Form S-4”) with the Securities and Exchange Commission (“SEC”), which was declared effective by the SEC on February 14, 2024. DHC has mailed a definitive proxy statement (the “Proxy Statement”) and other relevant documents to shareholders of DHC as of the record date established for voting on the Business Combination. DHC’s shareholders and other interested persons are advised to read the Proxy Statement and any amendments thereto and documents incorporated by reference therein filed in connection with the Business Combination, as these materials contain important information about DHC, BEN and the Business Combination. INVESTORS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT DHC, BEN AND THE BUSINESS COMBINATION. Shareholders can also obtain copies of the Proxy Statement, and other documents filed with the SEC that will be incorporated by reference therein, without charge, at the SEC’s website at www.sec.gov, or by directing a request to: DHC Acquisition Corp., 1900 West Kirkwood Blvd, Suite 1400B, Southlake, TX 76092 or by emailing chris@integrity.partners.
Participants in the Solicitation
DHC, BEN and certain of their directors and executive officers may be deemed participants in the solicitation of proxies from DHC’s shareholders with respect to the Business Combination. A list of the names of those directors and executive officers and a description of their interests in the Business Combination has been set forth in the Form S-4. Certain information regarding the directors and executive officers of DHC is contained in its Annual Report on Form 10-K for the fiscal year ended December 31, 2022. These documents can be obtained free of charge from the sources indicated above.