Beneficient Regains Compliance with Nasdaq Periodic Filing Requirement and Market Value of Listed Securities Requirement

Core Insights - Beneficient has regained compliance with Nasdaq's periodic reporting requirements and the minimum market value of listed securities requirement [1] - The company remains noncompliant with the $1.00 per share bid price requirement and plans to seek stockholder approval for a reverse stock split to regain compliance [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 [3] - The company's proprietary tools, AltQuote® and AltAccess®, facilitate quick access to exit options and secure online proposals for customers [3] Regulatory Compliance - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., is regulated under the State of Kansas' Technology-Enabled Fiduciary Financial Institution Act [4]