Core Viewpoint - Beneficient has received approval from the Nasdaq Hearings Panel to continue its listing on Nasdaq, contingent upon the company meeting certain compliance requirements, including filing delayed reports and maintaining a minimum bid price of $1.00 per share [1]. Group 1: Compliance and Reporting - The company is actively working with its auditor to complete and file the Delayed Reports, which include the Annual Report on Form 10-K for the fiscal year ended March 31, 2025, and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 [2]. - If the company fails to regain compliance with the bid price requirement, it plans to seek stockholder approval for a reverse stock split to meet the $1.00 bid price requirement for a minimum of 10 consecutive trading days [2]. Group 2: Company Overview - Beneficient aims to democratize the global alternative asset investment market by providing solutions to mid-to-high net worth individuals, small-to-midsized institutions, and General Partners seeking exit options and capital solutions [3]. - The company's proprietary online platform, AltAccess, allows customers to explore exit options and receive proposals securely [3]. Group 3: Regulatory Framework - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [4].

Core Points - Beneficient (NASDAQ: BENF) has been notified by Nasdaq regarding potential delisting due to delays in filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, which violates Nasdaq's periodic reporting requirements [1] - The company has previously faced issues with non-compliance related to the minimum bid price requirement and delays in filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, which also put its securities at risk of delisting [2] - Beneficient has requested a hearing before the Nasdaq Hearings Panel to present its compliance plan and seek an extension for meeting the listing criteria [3] Company Overview - Beneficient aims to democratize the global alternative asset investment market by providing solutions for mid-to-high net worth individuals and small-to-midsized institutions to unlock value in their alternative assets [4] - The company's AltQuote tool offers customers various exit options quickly, while the AltAccess portal allows secure exploration of opportunities and proposals [4] - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., operates under the Kansas Technology-Enabled Fiduciary Financial Institution Act and is regulated by the Office of the State Bank Commissioner [5]

Core Viewpoint - Beneficient has announced the separation of the roles of Chairman and CEO, appointing Thomas O. Hicks as Chairman and James G. Silk as interim CEO, aiming to enhance leadership and drive shareholder value [1][3]. Group 1: Leadership Changes - Thomas O. Hicks, a private equity pioneer, has a successful track record, having raised over $12 billion across six funds and completed more than $50 billion in leveraged acquisitions [2]. - James G. Silk, with over 20 years of experience in financial services, previously served as Executive Vice President and Chief Legal Officer at Beneficient, overseeing operations and legal groups [4][5]. - Hicks expressed eagerness to lead the company and emphasized the importance of appointing the right interim CEO, highlighting Silk's belief in the company's strategy and experience [3]. Group 2: Company Overview - Beneficient is a technology-enabled platform that provides exit opportunities and primary capital solutions for holders of alternative assets through its online platform, AltAccess [1][7]. - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals and small-to-midsized institutions [7]. - Beneficient's AltQuote® tool offers customers a range of potential exit options quickly, while the AltAccess® portal allows secure exploration of opportunities [7]. Group 3: Regulatory and Operational Aspects - Beneficient Fiduciary Financial, a subsidiary of Beneficient, operates under the Kansas Technology-Enabled Fiduciary Financial Institution Act and is subject to regulatory oversight [8].

Core Viewpoint - Beneficient is facing potential delisting from Nasdaq due to non-compliance with minimum bid price and delayed filing of its Annual Report, and plans to request a hearing to address these issues [1][2] Group 1: Company Compliance and Actions - The Company was notified by Nasdaq regarding its non-compliance with the minimum $1.00 bid price requirement and the delay in filing its Annual Report for the fiscal year ended March 31, 2025 [1] - Beneficient intends to request a hearing to present its compliance plan and seek an extension for meeting Nasdaq's listing criteria [2] - The Company is taking steps to demonstrate compliance with applicable listing criteria as soon as possible, although there is no guarantee that the request for continued listing will be granted [2] Group 2: Company Overview - Beneficient operates a technology-enabled platform aimed at providing exit opportunities and capital solutions for holders of alternative assets through its online platform AltAccess [1][3] - The Company targets mid-to-high net worth individuals, small-to-midsized institutions, and General Partners, offering tools like AltQuote for potential exit options [3] - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., is regulated under the Kansas TEFFI Act [4]

Core Viewpoint - Beneficient has successfully closed a $1.91 million primary capital commitment for Mendoza Ventures Growth Fund III, LP, marking its third GP Primary transaction of the fiscal year and fourth since the program's launch in late 2024 [1][2][3] Group 1: Transaction Details - The Fund received approximately $1.91 million in shares of Beneficient's Resettable Convertible Preferred Stock, which can be converted into Class A common stock [2] - The transaction is expected to increase the collateral for Beneficient's ExAlt loan portfolio by approximately $1.91 million in interests in alternative assets [2] - Beneficient has entered into a Preferred Liquidity Provider Program Agreement with the Fund to facilitate ongoing liquidity solutions for the Fund and its limited partners [2] Group 2: Strategic Objectives - Beneficient's GP Primary Commitment Program aims to provide primary capital solutions and financing anchor commitments to general partners during fundraising efforts, addressing a potential demand of up to $330 billion for primary commitments [3] - The company is focused on pursuing additional opportunities that align with its strategic vision and growth objectives [3] Group 3: Company Overview - Beneficient is dedicated to democratizing the global alternative asset investment market by offering solutions to traditionally underserved investors, including mid-to-high net worth individuals and small-to-midsized institutions [4] - The company's AltQuote® tool allows customers to explore a range of potential exit options quickly, while the AltAccess® portal provides a secure online environment for proposals and opportunities [4]

Core Points - Beneficient has received approval from the Bankruptcy Court for the Southern District of Texas for a settlement agreement related to the GWG Litigation, which resolves all claims against the company and its affiliates [1][2] - The settlement is final, subject to a 14-day appeal period, and does not involve any admission of fault or liability by Beneficient or its directors [2] - The company aims to refocus on its business strategy and shareholder value following the settlement approval [3] Company Overview - Beneficient operates a technology-enabled platform that provides exit opportunities and primary capital solutions for holders of alternative assets through its online platform, AltAccess [1][5] - The company targets mid-to-high net worth individuals, small-to-midsized institutions, and General Partners, offering tools like AltQuote™ for quick access to exit options [5] - Beneficient Fiduciary Financial, a subsidiary, has received its charter under Kansas' Technology-Enabled Fiduciary Financial Institution Act, indicating regulatory oversight [6]

Core Viewpoint - Beneficient has adjourned its Annual Meeting of Stockholders to allow more time for stockholders to vote, as there was not a sufficient number of shares present to constitute a quorum [1][2]. Group 1: Meeting Details - The Annual Meeting has been rescheduled to reconvene on May 29, 2025, at 2:00 p.m. Central Daylight Time and will be held virtually [3]. - During the adjournment, the Company will continue to solicit proxies from stockholders regarding the proposals in the proxy statement [4]. - Stockholders who have not yet voted are encouraged to do so before May 28, 2025, at 11:59 p.m. Central time, using various voting methods [5]. Group 2: Company Overview - Beneficient is a technology-enabled platform aimed at democratizing the global alternative asset investment market, providing solutions for mid-to-high net worth individuals and small-to-midsized institutions [6]. - The Company’s AltQuote™ tool offers customers a range of potential exit options quickly, while the AltAccess® portal allows secure exploration of opportunities [6]. - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the Company, operates under the Technology-Enabled Fiduciary Financial Institution Act in Kansas and is subject to regulatory oversight [7]. Group 3: Proxy Information - The Company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) for the Annual Meeting [8]. - Information regarding the Company’s directors, executive officers, and their interests is included in the definitive proxy statement filed with the SEC on March 21, 2025 [8].

Core Viewpoint - Beneficient has successfully closed a $233,333 primary capital commitment for Cork & Vines Fund I, LP, marking its second GP Primary transaction of the fiscal year and third since the program's launch in late 2024 [1][2][3] Group 1: Transaction Details - The Fund received approximately $233,333 in shares of Beneficient's Resettable Convertible Preferred Stock, which can be converted into Class A common stock [2] - This transaction is expected to increase the collateral for Beneficient's ExAlt loan portfolio by approximately $233,333 in alternative asset interests [2] - Beneficient has entered into a Preferred Liquidity Provider Program Agreement with the Fund to facilitate ongoing liquidity solutions for the Fund and its limited partners [2] Group 2: Financial Impact - The transaction is anticipated to add approximately $77,777 to the tangible book value attributable to Beneficient's stockholders, contributing to an aggregate of approximately $10.54 million [3] - Beneficient's GP Primary Commitment Program aims to address the potential demand for primary commitments, estimated at up to $330 billion, to support fundraising efforts [4] Group 3: Company Overview - Beneficient is focused on democratizing the global alternative asset investment market by providing solutions for mid-to-high net worth individuals and small-to-midsized institutions [12] - The company's AltAccess platform offers a secure online environment for customers to explore investment opportunities and receive proposals [12]

Core Viewpoint - Beneficient is urging stockholders to participate in the upcoming Annual Meeting by voting on proxy proposals, emphasizing the importance of their votes for meeting quorum requirements [1][4]. Company Overview - Beneficient (NASDAQ:BENF) is a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services for holders of alternative assets through its online platform, AltAccess [1][5]. - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners [5]. Voting Information - Stockholders are encouraged to vote by 11:59 p.m. Central Time on April 29, 2025, through various methods including online, telephone, or by mailing a proxy card [2]. - The Annual Meeting will be held virtually on April 30, 2025, at 9:00 a.m. Central Time [1][2]. Proxy Solicitation - The company continues to solicit proxies for the proposals outlined in its proxy statement, and votes already submitted will be counted unless revoked [3]. - The Board of Directors recommends that stockholders vote in favor of all proposals, believing they are in the best interests of the company and its stockholders [4]. Regulatory Information - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [6]. Additional Information - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) regarding the Annual Meeting, and stockholders are urged to read all relevant documents before making voting decisions [7].

Core Viewpoint - Beneficient is urging stockholders to vote on proxy proposals ahead of the Annual Meeting scheduled for April 30, 2025, emphasizing the importance of participation to meet quorum requirements [1][4]. Company Overview - Beneficient (NASDAQ: BENF) is a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services for holders of alternative assets through its online platform, AltAccess [1][5]. - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners seeking exit options and value-added services [5]. Voting Information - Stockholders are encouraged to vote by April 29, 2025, through various methods including online, telephone, or by mailing a proxy card [2]. - The Annual Meeting will be held virtually, and stockholders who have already voted do not need to take further action unless they wish to change their vote [3][2]. Regulatory Compliance - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [6]. Proxy Statement Information - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) regarding the solicitation of proxies for the Annual Meeting [7]. - Stockholders are encouraged to read all relevant documents filed with the SEC before making any voting decisions, as they contain important information [7].