Beneficient-A Stock Price, News & Analysis

Beneficient (NASDAQ: BENF), a technology-enabled platform specializing in alternative asset solutions, has announced its upcoming presentation at the Emerging Growth Conference on April 17, 2025. The company will deliver a corporate update through a webcast group presentation scheduled for 4:10 PM Eastern Time.

The presentation will be accessible to investors who register in advance through the provided webcast link. For those unable to attend the live event, an archived version will be available afterwards on EmergingGrowth.com and the Emerging Growth YouTube Channel.

Beneficient (NASDAQ: BENF) has announced the closure of a $9.6 million primary capital commitment transaction with Pulse Pioneer Fund, LP, marking the company's first GP Primary transaction of the fiscal year. The fund received approximately $9.6 million in stated value of Resettable Convertible Preferred Stock, convertible into BENF Class A common stock.

The transaction is expected to increase the collateral for the Company's ExAlt loan portfolio by $9.6 million. Upon closing of the Public Stockholder Enhancement Transactions, this deal is anticipated to add approximately $1.28 million to the tangible book value attributable to stockholders, bringing the aggregate to approximately $10.46 million.

Through its GP Primary Commitment Program, Beneficient aims to address up to $330 billion of potential demand for primary commitments to meet fundraising needs. The company's market capitalization of Class A and Class B common stock as of April 4, 2025, stands at $2,728,000.

Beneficient (NASDAQ: BENF) announced the adjournment of its Annual Meeting of Stockholders on March 31, 2025, due to insufficient quorum. The meeting has been rescheduled for April 16, 2025, at 9:00 a.m. Central time and will be held virtually.

The Company's Board continues to support all proposals in the proxy statement as being in stockholders' best interests. During the adjournment period, Beneficient will continue soliciting proxies from stockholders. Previously submitted proxies remain valid unless revoked.

Stockholders who haven't voted can do so until April 15, 2025, at 11:59 p.m. Central time through multiple channels: online at cstproxyvote.com, by phone at 1-866-894-0536, or by mailing proxy cards to the Corporate Secretary in Dallas.

Beneficient (NASDAQ: BENF) has reached a binding agreement to settle all claims in the GWG Holdings litigation cases in federal courts. The settlement, which remains subject to court approval, will be funded entirely through insurance policy limits and resolves all claims against Beneficient, its subsidiaries, and their current and former directors and officers, including CEO Brad Heppner.

The company maintains its position of contesting all allegations, denying any wrongdoing, fault, or liability. The decision to settle was strategically made to eliminate ongoing costs, distractions, and litigation risks. While this settlement resolves claims against Beneficient parties, other GWG-related claims against non-Beneficient parties remain outstanding, including claims against entities related to the founder and CEO, to whom Beneficient has indemnification obligations.

Beneficient (NASDAQ: BENF) reported its Q3 FY2025 results with several key developments. Revenues increased to $4.4 million compared to $(10.2) million in Q3 FY2024. The company's investments fair value rose to $334.3 million from $329.1 million at the previous fiscal year-end.

Notable highlights include: completion of their first primary capital transaction, a proposed acquisition of Mercantile Bank International Corp. for $1.5 million to expand digital asset capabilities, and an increase in permanent equity by $35 million through preferred equity re-designation. The company's loan portfolio is supported by approximately 220 private market funds and 750 investments across various asset classes.

Operating expenses declined 98% to $13.9 million in Q3 FY2025, compared to $905.7 million in Q3 FY2024. The company improved its permanent equity position from a deficit of $148.3 million to a positive $14.3 million as of December 31, 2024.

Beneficient (NASDAQ: BENF), a technology-enabled platform providing exit solutions and primary capital solutions for alternative asset holders through its AltAccess platform, has scheduled its Third Quarter Fiscal 2025 financial results announcement for Thursday, February 13, 2025. The company will host a webcast presentation at 8:30 a.m. Eastern Standard Time on the same day. Interested parties can access the webcast through the company's investor relations website at shareholders.trustben.com, with registration required at least ten minutes before the start time. A replay will be available on the company's website after the presentation.

Beneficient (NASDAQ: BENF) has announced the closure of a $1.36 million primary capital commitment transaction with 8F Fund, LP, marking its first GP Primary transaction following the Public Stockholder Enhancement Transactions. The Fund received Resettable Convertible Preferred Stock convertible into BENF Class A common stock in exchange for interest in the Fund.

The transaction is expected to increase the collateral for the Company's ExAlt loan portfolio by approximately $1.36 million. Upon closing of the Public Stockholder Enhancement Transactions, this deal is anticipated to add approximately $450K to the tangible book value attributable to stockholders, bringing the aggregate to approximately $10.23 million.

Through its GP Primary Commitment Program, Beneficient aims to address up to $330 billion of potential demand for primary commitments to meet fundraising needs. The company's market capitalization for Class A and Class B common stock as of January 3, 2025, stands at $6,048.

Beneficient (NASDAQ: BENF) has announced an agreement with entities controlled by CEO Brad Heppner to enhance shareholder value. The key changes include allowing public stockholders to share in the liquidation priority of Beneficient Holdings, creating tangible book value for public stockholders. Following the transaction, public stockholders would receive 10% of the first $100 million distributed to equity holders and 33.3333% of the net asset value of up to $5 billion in alternative assets added after December 22, 2024.

The company expects tangible book value attributable to public stockholders to increase from $0 to approximately $10 million. Additionally, entities controlled by the CEO will forego rights to receive up to $400 million of equity for the benefit of existing customers. The transaction is expected to complete in first half of 2025, subject to stockholder and regulatory approvals.

Beneficient (NASDAQ: BENF) has appointed Louise Jones as Managing Director of Capital Markets and Custody Operations. This hiring aligns with the company's recent acquisition of Mercantile Bank International Corp., an International Financial Entity. Jones will oversee Mercantile Bank's integration and lead the expansion of the company's fee-based alternative asset custody business, including launching a depositary receipt companion business line.

Jones brings four decades of Wall Street experience, notably as the youngest woman to hold a New York Stock Exchange seat. She previously co-founded Cassidy, Jones & Co., Inc., a major NYSE floor brokerage operation, later sold to Sungard Global. Her experience includes roles at Merrill Lynch and Exworks Capital. Jones holds FINRA-registered licenses Series 7, 27, 63 and 66.