Beneficient Announces Third Quarter Fiscal 2024 Earnings Release and Webcast

Rhea-AI Summary

Beneficient (NASDAQ: BENF) will release its Third Quarter fiscal 2024 financial results after market close on Tuesday, February 13, 2024. The company provides liquidity and related trust and custody services to holders of alternative assets. A webcast to present the results will be hosted at 5:00 p.m. Eastern time on the same day. Shareholders can register to listen to the webcast on the Beneficient investor relations website and a replay will be available shortly after the initial presentation.

DALLAS, Feb. 08, 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, announced that it will release its Third Quarter fiscal 2024 financial results after market close on Tuesday, February 13, 2024. Beneficient will host a webcast to present the results on Tuesday, February 13, 2024, at 5:00 p.m. Eastern time.

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 the webcast will be available on the Company’s website shortly after the initial presentation.

About Beneficent

Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and value-added services for their funds − with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.

For more information, visit www.trustben.com or follow us on LinkedIn.

Contacts
Investors:
Matt Kreps 214-597-8200 mkreps@darrowir.com
Michael Wetherington 214-284-1199 mwetherington@darrowir.com
investors@beneficient.com  

Media:
Longacre Square Partners
Greg Marose / Dan Zacchei
beneficient@longacresquare.com

Forward-Looking Statements

Some of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are generally identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and, in each case, their negative or other various or comparable terminology. These forward-looking statements reflect our views with respect to future events as of the date of this document and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, our ability to consummate liquidity transactions on terms desirable for the Company, or at all, and the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission (the “SEC”). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document and in our SEC filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

FAQ

When will Beneficient release its Third Quarter fiscal 2024 financial results?

Beneficient will release its Third Quarter fiscal 2024 financial results after market close on Tuesday, February 13, 2024.

What services does Beneficient provide?

Beneficient provides liquidity and related trust and custody services to holders of alternative assets.

Where can shareholders listen to the webcast to present the financial results?

Shareholders can listen to the webcast on the Beneficient investor relations website at shareholders.trustben.com.

When will the webcast to present the financial results be hosted?

The webcast to present the financial results will be hosted on Tuesday, February 13, 2024, at 5:00 p.m. Eastern time.