Beneficient Class A Common Stock
BENFBeneficient Class A (BENF) is part of Beneficient Wealth Management, a financial services company specializing in alternative investments, particularly in private equity and credit markets. The company focuses on providing liquidity solutions and asset management services to institutional investors, with an emphasis on alternative assets to diversify portfolios and enhance returns.
Company News
Beneficient (Nasdaq: BENF) announced that the U.S. District Court for the Northern District of Texas has approved a settlement agreement resolving all GWG Holdings-related litigation claims against the company and its directors and officers. The settlement, covered within insurance policy limits, resolves claims without any admission of fault or ...
Beneficient (Nasdaq: BENF) announced it has regained compliance with Nasdaq's minimum bid price requirement and continued listing requirements for warrants following a 1-for-8 reverse stock split completed on December 15, 2025. The company also appointed Peter T. Cangany Jr. as Chairman of the Board effective the same date.
Thomas O. Hicks, a prominent private equity pioneer and Beneficient Board Chairman, passed away on December 6, 2025, at age 79. Known for co-founding significant private equity firms and owning sports teams, Hicks was remembered for his leadership and impact on Dallas and Texas business.
Beneficient has been notified by Nasdaq of potential delisting due to delayed financial reporting and non-compliance with minimum bid price requirements. The company plans to request a hearing to present its compliance strategy.
Beneficient, a technology-enabled platform, announced it has closed on the financing of a $1.91 million primary capital commitment for Mendoza Ventures Growth Fund III, LP, a fund managed by Mendoza Ventures Growth GP III, L.L.C., LP. This transaction represents Beneficient's third GP Primary transaction of the fiscal year and fourth since formal...
