Beneficient Announces Reverse Stock Split to Regain Compliance with Nasdaq's Minimum Bid Price

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 ...