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].
Beneficient Reminds Stockholders to Vote on Proxy Proposals Ahead of the Company's Annual Meeting on April 30, 2025