Core Viewpoint - Beneficient is facing potential delisting from Nasdaq due to non-compliance with minimum bid price and delayed filing of its Annual Report, and plans to request a hearing to address these issues [1][2] Group 1: Company Compliance and Actions - The Company was notified by Nasdaq regarding its non-compliance with the minimum $1.00 bid price requirement and the delay in filing its Annual Report for the fiscal year ended March 31, 2025 [1] - Beneficient intends to request a hearing to present its compliance plan and seek an extension for meeting Nasdaq's listing criteria [2] - The Company is taking steps to demonstrate compliance with applicable listing criteria as soon as possible, although there is no guarantee that the request for continued listing will be granted [2] Group 2: Company Overview - Beneficient operates a technology-enabled platform aimed at providing exit opportunities and capital solutions for holders of alternative assets through its online platform AltAccess [1][3] - The Company targets mid-to-high net worth individuals, small-to-midsized institutions, and General Partners, offering tools like AltQuote for potential exit options [3] - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., is regulated under the Kansas TEFFI Act [4]

Core Viewpoint - Beneficient has successfully closed a $1.91 million primary capital commitment for Mendoza Ventures Growth Fund III, LP, marking its third GP Primary transaction of the fiscal year and fourth since the program's launch in late 2024 [1][2][3] Group 1: Transaction Details - The Fund received approximately $1.91 million in shares of Beneficient's Resettable Convertible Preferred Stock, which can be converted into Class A common stock [2] - The transaction is expected to increase the collateral for Beneficient's ExAlt loan portfolio by approximately $1.91 million in interests in alternative assets [2] - Beneficient has entered into a Preferred Liquidity Provider Program Agreement with the Fund to facilitate ongoing liquidity solutions for the Fund and its limited partners [2] Group 2: Strategic Objectives - Beneficient's GP Primary Commitment Program aims to provide primary capital solutions and financing anchor commitments to general partners during fundraising efforts, addressing a potential demand of up to $330 billion for primary commitments [3] - The company is focused on pursuing additional opportunities that align with its strategic vision and growth objectives [3] Group 3: Company Overview - Beneficient is dedicated to democratizing the global alternative asset investment market by offering solutions to traditionally underserved investors, including mid-to-high net worth individuals and small-to-midsized institutions [4] - The company's AltQuote® tool allows customers to explore a range of potential exit options quickly, while the AltAccess® portal provides a secure online environment for proposals and opportunities [4]

Core Points - Beneficient has received approval from the Bankruptcy Court for the Southern District of Texas for a settlement agreement related to the GWG Litigation, which resolves all claims against the company and its affiliates [1][2] - The settlement is final, subject to a 14-day appeal period, and does not involve any admission of fault or liability by Beneficient or its directors [2] - The company aims to refocus on its business strategy and shareholder value following the settlement approval [3] Company Overview - Beneficient operates a technology-enabled platform that provides exit opportunities and primary capital solutions for holders of alternative assets through its online platform, AltAccess [1][5] - The company targets mid-to-high net worth individuals, small-to-midsized institutions, and General Partners, offering tools like AltQuote™ for quick access to exit options [5] - Beneficient Fiduciary Financial, a subsidiary, has received its charter under Kansas' Technology-Enabled Fiduciary Financial Institution Act, indicating regulatory oversight [6]

Core Viewpoint - Beneficient has adjourned its Annual Meeting of Stockholders to allow more time for stockholders to vote, as there was not a sufficient number of shares present to constitute a quorum [1][2]. Group 1: Meeting Details - The Annual Meeting has been rescheduled to reconvene on May 29, 2025, at 2:00 p.m. Central Daylight Time and will be held virtually [3]. - During the adjournment, the Company will continue to solicit proxies from stockholders regarding the proposals in the proxy statement [4]. - Stockholders who have not yet voted are encouraged to do so before May 28, 2025, at 11:59 p.m. Central time, using various voting methods [5]. Group 2: Company Overview - Beneficient is a technology-enabled platform aimed at democratizing the global alternative asset investment market, providing solutions for mid-to-high net worth individuals and small-to-midsized institutions [6]. - The Company’s AltQuote™ tool offers customers a range of potential exit options quickly, while the AltAccess® portal allows secure exploration of opportunities [6]. - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the Company, operates under the Technology-Enabled Fiduciary Financial Institution Act in Kansas and is subject to regulatory oversight [7]. Group 3: Proxy Information - The Company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) for the Annual Meeting [8]. - Information regarding the Company’s directors, executive officers, and their interests is included in the definitive proxy statement filed with the SEC on March 21, 2025 [8].

Core Viewpoint - Beneficient has successfully closed a $233,333 primary capital commitment for Cork & Vines Fund I, LP, marking its second GP Primary transaction of the fiscal year and third since the program's launch in late 2024 [1][2][3] Group 1: Transaction Details - The Fund received approximately $233,333 in shares of Beneficient's Resettable Convertible Preferred Stock, which can be converted into Class A common stock [2] - This transaction is expected to increase the collateral for Beneficient's ExAlt loan portfolio by approximately $233,333 in alternative asset interests [2] - Beneficient has entered into a Preferred Liquidity Provider Program Agreement with the Fund to facilitate ongoing liquidity solutions for the Fund and its limited partners [2] Group 2: Financial Impact - The transaction is anticipated to add approximately $77,777 to the tangible book value attributable to Beneficient's stockholders, contributing to an aggregate of approximately $10.54 million [3] - Beneficient's GP Primary Commitment Program aims to address the potential demand for primary commitments, estimated at up to $330 billion, to support fundraising efforts [4] Group 3: Company Overview - Beneficient is focused on democratizing the global alternative asset investment market by providing solutions for mid-to-high net worth individuals and small-to-midsized institutions [12] - The company's AltAccess platform offers a secure online environment for customers to explore investment opportunities and receive proposals [12]

Core Viewpoint - Beneficient is urging stockholders to participate in the upcoming Annual Meeting by voting on proxy proposals, emphasizing the importance of their votes for meeting quorum requirements [1][4]. Company Overview - Beneficient (NASDAQ:BENF) is a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services for holders of alternative assets through its online platform, AltAccess [1][5]. - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners [5]. Voting Information - Stockholders are encouraged to vote by 11:59 p.m. Central Time on April 29, 2025, through various methods including online, telephone, or by mailing a proxy card [2]. - The Annual Meeting will be held virtually on April 30, 2025, at 9:00 a.m. Central Time [1][2]. Proxy Solicitation - The company continues to solicit proxies for the proposals outlined in its proxy statement, and votes already submitted will be counted unless revoked [3]. - The Board of Directors recommends that stockholders vote in favor of all proposals, believing they are in the best interests of the company and its stockholders [4]. Regulatory Information - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [6]. Additional Information - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) regarding the Annual Meeting, and stockholders are urged to read all relevant documents before making voting decisions [7].

Core Viewpoint - Beneficient is urging stockholders to vote on proxy proposals ahead of the Annual Meeting scheduled for April 30, 2025, emphasizing the importance of participation to meet quorum requirements [1][4]. Company Overview - Beneficient (NASDAQ: BENF) is a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services for holders of alternative assets through its online platform, AltAccess [1][5]. - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners seeking exit options and value-added services [5]. Voting Information - Stockholders are encouraged to vote by April 29, 2025, through various methods including online, telephone, or by mailing a proxy card [2]. - The Annual Meeting will be held virtually, and stockholders who have already voted do not need to take further action unless they wish to change their vote [3][2]. Regulatory Compliance - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [6]. Proxy Statement Information - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) regarding the solicitation of proxies for the Annual Meeting [7]. - Stockholders are encouraged to read all relevant documents filed with the SEC before making any voting decisions, as they contain important information [7].

Company Overview - Beneficient (NASDAQ:BENF) is a technology-enabled platform that provides exit opportunities and primary capital solutions, along with trust and custody services for holders of alternative assets through its online platform AltAccess [1][3] - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners seeking exit options and value-added services [3] Upcoming Events - Beneficient will present a corporate update at the Emerging Growth Conference on April 17, 2025, with a webcast group presentation scheduled for 4:10 PM Eastern Time [1] - Investors can register for the conference in advance and access an archived webcast if they cannot attend live [2] Regulatory Information - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., has received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is regulated by the Office of the State Bank Commissioner [4]

Core Insights - Beneficient has successfully closed a $9.6 million primary capital commitment for Pulse Pioneer Fund, marking its first GP Primary transaction of the fiscal year [1][2] - The financing is expected to enhance the collateral for the Company's ExAlt loan portfolio by approximately $9.6 million in alternative assets [1] - The transaction is anticipated to add around $1.28 million to the tangible book value for the Company's stockholders, totaling approximately $10.46 million post-transaction [2] Company Strategy - Beneficient's GP Primary Commitment Program aims to provide primary capital solutions and anchor commitments to general partners, addressing a potential demand of up to $330 billion for primary commitments [3] - The management emphasizes the importance of innovative financing solutions to enhance shareholder value and support impactful investment strategies [2] Financial Metrics - As of December 31, 2024, the tangible book value attributable to the Company's stockholders is projected to increase from $9,177 thousand to $10,457 thousand post-transaction [5][6] - The total equity (deficit) stands at $14,260 thousand, with a tangible book value of $91,772 thousand before the transaction [5] Company Overview - Beneficient operates a technology-enabled platform that provides exit opportunities and primary capital solutions for holders of alternative assets through its online platform, AltAccess [1][7] - The Company aims to democratize the alternative asset investment market for mid-to-high net worth individuals and small to midsized institutions [7]

Company Overview - Beneficient (NASDAQ: BENF) is a technology-enabled platform that provides exit opportunities and primary capital solutions, along with trust and custody services for holders of alternative assets through its online platform, AltAccess [1][6] - The company aims to democratize the global alternative asset investment market, targeting mid-to-high net worth individuals, small-to-midsized institutions, and General Partners seeking exit options and value-added services [6] Annual Meeting Details - The Annual Meeting of Stockholders was adjourned due to insufficient shares present to constitute a quorum, allowing more time for stockholders to vote [2] - The meeting is rescheduled to reconvene on April 16, 2025, at 9:00 a.m. Central time, and will be held virtually [3] - During the adjournment, the company will continue to solicit proxies from stockholders regarding the proposals in the proxy statement [4] Voting Information - Stockholders are encouraged to vote before April 15, 2025, at 11:59 p.m. Central time, with options to vote via internet, telephone, or by returning a proxy card [5] - Proxies previously submitted will be voted at the reconvened meeting unless revoked, and stockholders who have already voted need not take further action unless they wish to change their vote [4] Regulatory Information - Beneficient Fiduciary Financial, L.L.C., a subsidiary of the company, received its charter under the State of Kansas' Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight [7] Proxy Statement - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) for the Annual Meeting, which includes important information for stockholders [8]