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Beneficient Reports Results for Second Quarter Fiscal 2025
GlobeNewswire News Room· 2024-11-14 21:45
Reports Second Quarter of Positive GAAP Net Income Maintains Cost Efficient Operating Profile DALLAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. Commenting on the fiscal 2025 second quarter results, Beneficient ...
Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and Webcast
GlobeNewswire News Room· 2024-11-11 21:10
DALLAS, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, announced that it will release its Second Quarter Fiscal 2025 financial results on Thursday, November 14, 2024. Beneficient will host a webcast to present the results on Friday, November 15, 2024 at 8:00 ...
Beneficient Consummates Transaction to Increase Permanent Equity by $126 Million
GlobeNewswire News Room· 2024-10-04 11:00
DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable. As a result of the transaction, which was approved by the Company's founders holding the majority of the preferred equity, Beneficient expects a ...
Beneficient Appoints Patrick J. Donegan to Board of Directors
GlobeNewswire News Room· 2024-10-04 11:00
DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company, today announced the appointment of Patrick J. Donegan as an independent member of the Company's Board of Directors as of September 30, 2024. In addition to being an independent director, he was appointed to serve on the Audit, Products and Related Party Transactions, Credit and Enterprise Risk committees of the Board. Mr. Donegan brings almost thirty years o ...
Ben(BENF) - 2025 Q1 - Earnings Call Transcript
2024-08-15 00:05
Start Time: 16:30 January 1, 0000 4:50 PM ET Beneficient (NASDAQ:BENF) Q1 2025 Earnings Conference Call August 14, 2024, 16:30 PM ET Company Participants Brad Heppner - CEO and Chairman Greg Ezell - CFO Dan Callahan - IR Conference Call Participants Operator Hello, and welcome to the Beneficent First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. It is now my pleasure to introduce Director o ...
Ben(BENF) - 2024 Q2 - Quarterly Report
2024-08-14 21:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered 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 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) O ...
Ben(BENF) - 2024 Q2 - Quarterly Results
2024-08-14 20:10
For Immediate Release BENEFICIENT REPORTS RESULTS FOR FIRST QUARTER FISCAL 2025 Maintained Cost Ef icient Operating Profile New Machine Automated Pricing System Enhances Portfolio Growth Capabilities in Support of Multi-Billion Dollar Liquidity and Primary Capital Product Launch Dallas, TX. – August 14, 2024 (GlobeNewswire) – Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technologyenabled financial services holding company that provides liquidity and related trust and custody services to holders of ...
Beneficient Reports Results For First Quarter Fiscal 2025
GlobeNewswire News Room· 2024-08-14 20:10
Maintained Cost-Efficient Operating Profile New Machine-Automated Pricing System Enhances Portfolio Growth Capabilities in Support of Multibillion Dollar Liquidity and Primary Capital Product Launch DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 first qu ...
Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System
GlobeNewswire News Room· 2024-08-12 11:00
DALLAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company, is excited to announce the latest advancements to its fintech platform, AltAccess®. The new release of AltAccess introduces the MachineAutomated Pricing System ("MAPS"), which incorporates Ben's formula-based pricing model for qualified fiduciary financings and is engineered to optimize dynamic pricing and real-time net asset valuations of alternative assets ...
Beneficient to Participate in the Sidoti Micro-Cap Conference on August 15, 2024
GlobeNewswire News Room· 2024-08-09 11:00
DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company that provides liquidity, primary capital solutions and related trust and custody services to holders of alternative assets, announced that it will present at the Sidoti Micro-Cap Virtual Conference, which will take place virtually on August 14-15, 2024. The Company will present at 2:30 p.m. EDT on Thursday, August 15, 2024. Investors can register for the conf ...