Beneficient

Market Movers (8-K)

NASDAQ
Beneficient announced the closing of a $7.44 million primary capital commitment to Quartus AI Fund II LP, furthering its strategy in AI-focused investments.
Capital raise
NASDAQ
Beneficient has amended its Standby Equity Purchase Agreement with Yorkville, reducing the potential equity sale to $100 million and issuing a $2 million convertible promissory note.
Capital raise
NASDAQ
Beneficient reported fiscal year 2026 results, highlighting the resolution of GWG Holdings litigation, over $50 million in asset sale proceeds, and a focus on expanding its primary capital solutions and collateral management services.
Worse than expected
NASDAQ
Beneficient has launched its collateral management services with a new engagement for a Texas state-chartered bank.
NASDAQ
Beneficient has amended its previous 8-K filing to confirm the appointment of Mack Hicks to the Executive and Nominating Committees.
NASDAQ
Beneficient announced the closing of an $8.75 million primary capital commitment in Quartus AI Fund LP, receiving Series B-10 Preferred Stock convertible into Class A Common Stock.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Beneficient reports significant net losses, ongoing legal battles, and a former CEO's indictment for fraud, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
NASDAQ
Beneficient reported a significant net loss for Q2 2025, raising substantial doubt about its ability to continue as a going concern, while facing multiple Nasdaq delisting threats and confirmed arbitration awards.
Worse than expected
Delay expected
Capital raise
NASDAQ
Beneficient's Q3 2025 report reveals a complex financial landscape marked by strategic shifts, legal proceedings, and efforts to maintain Nasdaq compliance.
Capital raise
Worse than expected
Delay expected
NASDAQ
Beneficient's Q2 2025 report reveals a complex financial picture, marked by a net income of $54.1 million, but also highlighting ongoing concerns about liquidity and substantial debt.
Worse than expected
Delay expected
Capital raise
NASDAQ
Beneficient reported a net income of $44.3 million for the quarter ended June 30, 2024, primarily driven by investment gains and a release of a loss contingency.
Better than expected
Capital raise
NASDAQ
Beneficient's Q3 2024 report reveals a significant net loss, driven by a substantial goodwill impairment, and ongoing operational and financial challenges.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Beneficient reported a significantly reduced net loss for fiscal year 2025, driven by legal settlements and lower operating expenses, though substantial doubt about its ability to continue as a going concern persists.
Delay expected
Capital raise
Worse than expected
NASDAQ
Beneficient's annual 10-K filing details a year of significant financial restructuring, including a reverse stock split and goodwill impairments, alongside strategic initiatives to address the alternative asset market.
Capital raise
Worse than expected

Insider Trading (Form 4)

NASDAQ
Beneficient Director Peter T. Cangany, Jr. reported the acquisition of 635,690 Class A common shares through a fully vested restricted stock unit award.
NASDAQ
Beneficient Director and 10% owner Bruce W. Schnitzer acquired 931,837 shares of Class A common stock through a fully vested RSU grant, increasing his total beneficial ownership to 933,767 shares.
NASDAQ
Beneficient's Global Head of Organizations and Distribution, Jeff Welday, reported the acquisition of 30,687 Class A Common Stock shares through a restricted stock unit grant, bringing his total beneficial ownership to 172,394 shares.
NASDAQ
Jeff Welday, a Global Head of Organizations and Distribution at Beneficient, reported the acquisition of 1,670 shares of Class A common stock through the settlement of restricted stock units.
NASDAQ
Jeff Welday, a Global Head of Organizations and Distribution at Beneficient, sold shares of Class A Common Stock to cover tax withholding obligations related to the vesting of restricted stock units.
NASDAQ
Jeff Welday, a key officer at Beneficient, sold Class A Common Stock to cover tax withholding obligations related to the vesting of restricted stock units.

Proxy Statements (Def-14A)

NASDAQ
Beneficient's proxy statement details proposals for its 2026 annual meeting, including director elections and incentive plan amendments, amidst extensive litigation, complex related-party dealings, and recent management changes.
Worse than expected
Delay expected
NASDAQ
Beneficient is seeking stockholder approval for a reverse stock split to increase its share price and maintain its Nasdaq listing, alongside an adjournment proposal.
Capital raise
NASDAQ
Beneficient has closed a $1.91 million primary capital transaction by issuing Series B-8 Resettable Convertible Preferred Stock in exchange for a limited partner interest in an investment fund, aiming to expand its alternative asset portfolio and liquidity solutions.
Delay expected
Capital raise
NASDAQ
Beneficient has once again adjourned its Annual Meeting of Stockholders to May 29, 2025, due to an insufficient number of shares present to constitute a quorum.
Worse than expected
Delay expected
NASDAQ
Beneficient's proxy statement outlines its mission to democratize alternative asset investment for underserved investors through tools like AltQuote and AltAccess.
NASDAQ
Beneficient (BENF) has adjourned its Annual Meeting of Stockholders for a second time to May 28, 2025, due to an insufficient number of shares present to constitute a quorum.
Worse than expected
Delay expected

New Public Companies (S-1)

NASDAQ
Beneficient has filed an S-1 registration statement to allow for the resale of up to 55,671,296 shares of its Class A common stock by various selling stockholders.
Capital raise
NASDAQ
Beneficient has filed an S-1 registration statement for the resale of up to 71,017,840 Class A common stock shares by selling holders, while grappling with significant net losses, going concern doubts, and ongoing legal and regulatory issues.
Delay expected
Worse than expected
Capital raise
NASDAQ
Beneficient files an amendment to its registration statement to register the potential resale of over 203 million shares of Class A common stock by selling holders.
Capital raise
NASDAQ
Beneficient amends its registration statement to offer up to 203 million shares of Class A common stock through various agreements, including a standby equity purchase agreement with Yorkville.
Capital raise
NASDAQ
Beneficient is registering for resale over 203 million shares of its Class A common stock by selling holders, including shares potentially issued under a standby equity purchase agreement with Yorkville.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
James G. Silk, CEO of Beneficient, has converted approximately $4.58 million of Preferred A-1 Unit Accounts into 1,101,082 Class A shares, as detailed in a Schedule 13D filing.
NASDAQ
Mack Hicks replaces Thomas O. Hicks as a reporting person in an amended Schedule 13D filing for Beneficient.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Hatteras Investment Partners, LP filed an amendment to Schedule 13G, reporting 0% beneficial ownership of Beneficient Class A common stock as of September 30, 2025.
NASDAQ
Hatteras Investment Partners, LP has filed an Amendment No. 5 to its Schedule 13G, reporting a 6.7% beneficial ownership stake in Beneficient Class A common stock.
NASDAQ
Hatteras Investment Partners, LP has filed an amended Schedule 13G, reaffirming its 6.7% beneficial ownership stake in Beneficient Class A common stock as of March 31, 2025.
NASDAQ
Hatteras Investment Partners, LP has filed a Schedule 13G, reporting beneficial ownership of 6.9% of Beneficient's Class A common stock as of December 31, 2024.