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Beneficient-A - BENF STOCK NEWS

Welcome to our dedicated page for Beneficient-A news (Ticker: BENF), a resource for investors and traders seeking the latest updates and insights on Beneficient-A stock.

Beneficient (BENF) is a Nasdaq-listed innovator in technology-driven financial services, specializing in liquidity solutions and custodial platforms for alternative asset markets. This page serves as the definitive source for official company announcements, operational updates, and strategic developments.

Investors and financial professionals will find timely updates on BENF's core services: liquidity restructuring through its AltAccess® platform, custody solutions for digital assets, and primary capital offerings via Customer ExAlt Trusts. Track earnings releases, partnership announcements, regulatory milestones, and technology enhancements like the MAPS pricing system.

All content is curated to support informed decision-making with verified information about BENF's market position and service evolution. Regular updates cover operational expansions, fiduciary compliance developments under Kansas' TEFFI Act, and platform improvements benefiting mid-to-high net worth investors.

Bookmark this page for direct access to BENF's latest financial communications, including strategic initiatives in alternative asset liquidity and custody innovation. Check back frequently for real-time updates on transactions, technology deployments, and regulatory achievements shaping the alternative investment landscape.

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Beneficient (NASDAQ: BENF) reported its financial results for the fiscal year ending March 31, 2024. Key highlights include substantial growth in their GP Preferred Liquidity Provider Program, now encompassing 20 funds and $1.5 billion in committed capital. However, the company faced significant financial setbacks, including an operating loss of $1.8 billion for the year and a 33.8% decline in investments. Operating expenses increased to $151.9 million in Q4, driven by a non-cash goodwill impairment of $68.1 million and a recognized loss contingency of $55 million. Revenue for Ben Custody and Ben Liquidity segments also declined. Despite challenges, the company plans to expand its Preferred Liquidity Provider Program and launch new products to drive growth in fiscal 2025.

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Beneficient (NASDAQ: BENF) announced the rescheduling of its Fourth Quarter and Full Year Fiscal 2024 earnings release and webcast. The financial results will be disclosed before market open on July 9, 2024, with a webcast presentation scheduled for the same day at 8:30 a.m. EDT. Investors can access the webcast by visiting the Beneficient investor relations website. A replay will be available post-presentation.

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Beneficient (NASDAQ: BENF), a financial services company specializing in liquidity and trust services for alternative assets, announced the conclusion of an SEC investigation without any enforcement recommendations. The investigation had been prompted by Wells Notices issued to the company and its CEO, Brad Heppner. With the investigation now closed, Beneficient is delaying its Annual Report for the fiscal year ending March 31, 2024, to update it with the latest information. The company has also postponed its earnings webcast and earnings release scheduled for July 2, 2024, and will announce a new date soon.

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Beneficient (NASDAQ: BENF), a technology-enabled platform offering exit opportunities and related services for alternative asset holders via its AltAccess platform, has announced the release of its Fourth Quarter and Full Year Fiscal 2024 financial results. The results will be available before market open on July 2, 2024. Additionally, Beneficient will host a webcast to discuss the financial performance on the same day at 8:30 am EDT. Interested parties can register on the company's investor relations website. A replay of the webcast will be accessible afterwards.

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Beneficient, a technology platform offering liquidity services to holders of alternative assets, has regained compliance with NASDAQ's minimum bid price rule, ensuring its securities will continue to be listed and traded on Nasdaq.

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Beneficient, a technology-enabled platform listed on Nasdaq as BENF, responds to claims made by the GWG Litigation Trustee regarding complex business transactions. Beneficient expresses disappointment but confidence in its robust defenses against the allegations. The company remains focused on providing liquidity to investors and managers of private market assets.
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Beneficient announces a 1-for-80 reverse stock split to regain compliance with Nasdaq's minimum bid price. The split will reduce the number of outstanding shares and increase the share price, aiming to meet listing requirements.
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Beneficient, a technology-enabled platform, will participate in the Planet MicroCap Showcase on May 1-2, 2024. The Company will present at the showcase to provide information about its services and offerings.
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Beneficient (Nasdaq: BENF) announces liquidity transactions with ff Venture Capital, estimating a $121.5 million growth in loan portfolio collateral. The company has completed over $1.1 billion in liquidity transactions with general partners through fund restructurings. Limited partners can participate in transactions exchanging interests for convertible preferred stock and potential earnout payments.
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Beneficient (BENF) reported its financial results for the fiscal 2024 third quarter, showcasing growth in its Preferred Liquidity Provider Program, reduction in operating expenses, and improved financial position. The company also launched new products/services and enhanced operational efficiencies.
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Nasdaq:BENF

BENF Rankings

BENF Stock Data

2.33M
7.15M
13.76%
12.8%
1.26%
Asset Management
Finance Services
Link
United States
DALLAS