Beneficient Warrant (BENFW)

Beneficient Receives Additional Nasdaq Listing Determination

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 Enters into Agreement to Acquire Mercantile Bank International to Expand its Alternative Asset Custody Services

Beneficient, a technology-enabled platform, has entered into an agreement to acquire Mercantile Bank International, a Puerto Rico-based International Financial Entity. The acquisition is expected to enable Beneficient to offer an expanded range of alternative asset custody services and generate additional cash flow.