Beneficient (BENF) appoints Peter T. Cangany, Jr. as Chairman

Rhea-AI Filing Summary

Beneficient reported a leadership change, with its Board of Directors appointing Peter T. Cangany, Jr. as Chairman of the Board, effective December 15, 2025. This change was announced in a press release dated December 17, 2025.

The company is providing this information under a Regulation FD disclosure, meaning the details are being furnished rather than filed for liability purposes. The press release is included as Exhibit 99.1 to the report, alongside an exhibit containing the cover page interactive data file.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 17, 2025

Beneficient

(Exact Name of Registrant as Specified in Charter)

Nevada		001-41715		72-1573705
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

325 North St. Paul Street, Suite 4850

Dallas, Texas 75201

(Address of Principal Executive Offices, and Zip Code)

(214) 445-4700

Registrant’s Telephone Number, Including Area Code

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

	☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Shares of Class A common stock, par value $0.001 per share		BENF		Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one share of Class A common stock, par value $0.001 per share, and one share of Series A convertible preferred stock, par value $0.001 per share		BENFW		Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On December 17, 2025, Beneficient (the “Company”) issued a press release announcing that the Company’s Board of Directors (the “Board”) appointed Peter T. Cangany, Jr. to serve as the Chairman of the Board, effective December 15, 2025.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

The information in this Item 7.01 (including Exhibit 99.1) is being furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth in such filing.

Item 9.01 Exhibits and Financial Statements.

(d) Exhibits.

Exhibit No.		Description of Exhibit
99.1		Press Release of Beneficient.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BENEFICIENT
	By:	/s/ Gregory W. Ezell
	Name:	Gregory W. Ezell
	Title:	Chief Financial Officer
	Dated: December 17, 2025

FAQ

What leadership change did Beneficient (BENF) disclose in this report?

Beneficient disclosed that its Board of Directors appointed Peter T. Cangany, Jr. to serve as Chairman of the Board, effective December 15, 2025.

When did Peter T. Cangany, Jr. become Chairman of Beneficients Board?

Peter T. Cangany, Jr. became Chairman of the Board effective December 15, 2025, as stated in the companys disclosure.

How did Beneficient (BENF) announce the appointment of its new Chairman?

Beneficient announced the appointment of its new Chairman in a press release, which is attached as Exhibit 99.1 to the report.

Under which SEC item did Beneficient furnish this leadership change information?

The leadership change information was furnished under Item 7.01, Regulation FD Disclosure, meaning it is treated as furnished rather than filed for liability purposes.

What exhibits are included with this Beneficient (BENF) leadership change filing?

The filing includes Exhibit 99.1, the press release announcing the Chairman appointment, and Exhibit 104, the cover page interactive data file.

Does this Beneficient (BENF) disclosure relate to any financial results or transactions?

No. The disclosure focuses on a corporate governance change, specifically the appointment of a new Chairman of the Board, rather than financial results or major transactions.