Beneficient Shares Halted On Circuit Breaker To The Upside, Stock Now Up 106%
$BENF
Finance: Consumer Services
Finance
Beneficient Shares Halted On Circuit Breaker To The Upside, Stock Now Up 106%
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4 - Beneficient (0001775734) (Issuer)
4 - Beneficient (0001775734) (Issuer)
4 - Beneficient (0001775734) (Issuer)
SC 13G/A - Beneficient (0001775734) (Subject)
SC 13G - Beneficient (0001775734) (Subject)
SC 13D/A - Beneficient (0001775734) (Subject)
Beneficient (NASDAQ:BENF) reported quarterly losses of $(5.31) per share. This is a 62.53 percent increase over losses of $(14.17) per share from the same period last year.
DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $35 million of its preferred equity was redesignated as non-redeemable, resulting in the addition of approximately $35 million of permanent equity on its balance sheet. As a result of the transaction, the Company believes it now has stockholders' equity of at least $2.5 million, the amount required to regain compliance with Nasdaq's Minimum Stockholders' Equity Requirement. The Company's compliance wi
DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company, today announced the appointment of Karen J. Wendel as an independent member of the Company's Board of Directors as of November 21, 2024. In addition to being an independent director, she was appointed to serve on the Audit, Products and Related Party Transactions and Enterprise Risk committees of the Board. Ms. Wendel is the President and CEO of TrustChains, a boutique cybersecurity advisory firm based in San Francisco. She is an experienced executive with strong skills in banking, technology M&A, cybersecurity, private equity, corporate go
DALLAS, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), whose subsidiary Beneficient Fiduciary Financial, L.L.C., is a Technology-Enabled Fiduciary Financial Institution (TEFFI) today provided an update to the State of Kansas Joint Committee on Fiduciary Financial Institutions Oversight about its business operations, the digital innovation occurring in the alternative asset industry and related economic development activity for the benefit of Kansas communities under the Kansas Technology-Enabled Fiduciary Financial Institutions (TEFFI) Act ("Act"), which was passed in 2021 with near-unanimous support in the Kansas Senate and strong bipartisan support
424B3 - Beneficient (0001775734) (Filer)
8-K - Beneficient (0001775734) (Filer)
424B3 - Beneficient (0001775734) (Filer)
4 - Beneficient (0001775734) (Issuer)
4 - Beneficient (0001775734) (Issuer)
4 - Beneficient (0001775734) (Issuer)
Reports Second Quarter of Positive GAAP Net Income Maintains Cost Efficient Operating Profile DALLAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. Commenting on the fiscal 2025 second quarter results, Beneficient management said: "We are pleased to report our second consecutive profitable quarter as a public company, which we believe positions Ben as a leading solution for liquidity and
Maintained Cost-Efficient Operating Profile New Machine-Automated Pricing System Enhances Portfolio Growth Capabilities in Support of Multibillion Dollar Liquidity and Primary Capital Product Launch DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 first quarter, which ended June 30, 2024. Commenting on the fiscal 2025 first quarter results, Beneficient management said: "Our financial results improved on a sequential basis resulting in o
DALLAS, Aug. 08, 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, announced that it will release its First Quarter Fiscal 2025 financial results after market close on Wednesday, August 14, 2024. Beneficient will host a webcast to present the results on Wednesday, August 14, 2024 at 4:30 p.m. EDT. To listen to the webcast please visit the Beneficient investor relations website at shareholders.trustben.com at least ten minutes prior to the scheduled start time to register. A replay of
DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company, today announced the appointment of Karen J. Wendel as an independent member of the Company's Board of Directors as of November 21, 2024. In addition to being an independent director, she was appointed to serve on the Audit, Products and Related Party Transactions and Enterprise Risk committees of the Board. Ms. Wendel is the President and CEO of TrustChains, a boutique cybersecurity advisory firm based in San Francisco. She is an experienced executive with strong skills in banking, technology M&A, cybersecurity, private equity, corporate go
DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ:BENF) ("Ben" or the "Company"), a technology-enabled financial services holding company, today announced the appointment of Patrick J. Donegan as an independent member of the Company's Board of Directors as of September 30, 2024. In addition to being an independent director, he was appointed to serve on the Audit, Products and Related Party Transactions, Credit and Enterprise Risk committees of the Board. Mr. Donegan brings almost thirty years of compliance, legal, banking and capital markets experience to Ben, having held various senior compliance positions, including as Chief Compliance Officer, for bank holding companies a