Launched New Products and Services, Reduced Operating Costs and Improved Financial Position Expanded GP Solutions Program to Capitalize on Adjacent Market Growth Opportunities in Fiscal 2025 DALLAS, July 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, today reported its financial results for the fi ...

For more information, visit www.trustben.com or follow us on LinkedIn. DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company that provides liquidity, primary capital and related trust and custody services to holders of alternative asset, announced today the Securities and Exchange Commission (the "SEC") has issued termination letters to the Company and its founder, Chairman and Chief Executive Officer, Mr. Brad ...

As a result, the Company requires additional time to update its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the "Annual Report") and complete its procedures related to the updated information prior to filing the Annual Report. Additionally, the Company's earnings webcast and earnings release for its fourth quarter and Fiscal 2024 previously scheduled for July 2, 2024 at 8:30 a.m. Eastern Daylight Time has been postponed. The Company will make an announcement to provide the date and ...

DALLAS, July 01, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled platform providing exit opportunities and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, announced that it will release its Fourth Quarter and Full Year Fiscal 2024 financial results before market open on Tuesday, July 2, 2024. Beneficient will host a webcast to present the results on Tuesday, July 2, 2024 at 8:30 am Easte ...

DALLAS, May 03, 2024 (GLOBE NEWSWIRE) -- Beneficient (the "Company") (NASDAQ:BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The notice confirmed that the Company's securities will c ...

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF), a technology-enabled platform providing liquidity, primary capital, and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, issued the following statement in response to a complaint filed on April 19, 2024 by the trustee of the GWG Litigation Trust ("Litigation Trustee"): Beneficient is disappointed but not surprised that the Litigation Trustee has decided to file suit ag ...

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced a 1-for-80 reverse stock split (the "Reverse Stock Split") of its Class A common stock, par value $0.001 per share (the "Class A Common Stock"), and its Class B common stock, par value $0.001 per share ("Class B Common Stock" and together with the Clas ...

DALLAS, April 15, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) (together with its affiliates, "Ben" or the "Company"), a technology-enabled platform focused on providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online portal, AltAccess, today announced that it will present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 2:00 p.m. Pacific Daylight Time.  At the showcase, Beneficient executives will present in-dept ...

3 Top Tips for Choosing Lesser Known Penny Stocks to BuyPenny stocks represent an exciting opportunity for investors looking to expand their portfolios with potentially lucrative, yet cost-effective options. Typically trading below five dollars per share, these stocks offer a gateway into investing with a smaller upfront financial commitment. For those interested in buying penny stocks, it’s essential to navigate the landscape with a keen eye for hidden gems that could yield significant returns.[Read More] ...

There’s an old Wall Street adage that says “the market can stay irrational longer than you can stay solvent.” We saw that play out time and again with certain beaten-down stocks. Just when you think they can’t possibly go any lower, they find new depths to plumb.Retail investors often mistake these relentlessly-declining stocks as bargains, thinking they’re getting a once-in-a-lifetime discount. In reality, these are nothing more than value traps waiting to snare the unsuspecting. The single biggest culprit ...