Beneficient
BENF

$3.59

2.71%

Market Cap: 15.2M

About: Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.

Employees: 80

Financials Finance Services

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

11% more funds holding

Funds holding: 18 [Q4 2023] → 20 (+2) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

1.01% less ownership

Funds ownership: 20.82% [Q4 2023] → 19.81% (-1.01%) [Q1 2024]

87% less capital invested

Capital invested by funds: $26M [Q4 2023] → $3.43M (-$22.6M) [Q1 2024]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for BENF.

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BENF published over the past 30 days

Beneficient (BENF) Q4 2024 Earnings Call Transcript

Beneficient (NASDAQ:BENF ) Q4 2024 Earnings Conference Call July 9, 2024 8:30 AM ET Company Participants Dan Callahan - IR Brad Heppner - CEO and Chairman Greg Ezell - CFO Operator Good day and thank you for standing by. Welcome to Beneficient Company's Fourth Quarter Fiscal 2024 Earnings Conference Call and Webcast.

Beneficient (BENF) Q4 2024 Earnings Call Transcript

Beneficient Announces Rescheduled Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Webcast

Beneficient will release Q4/Fiscal 2024 financial results before market open on Tues., July 9, 2024 and hold a webcast to present results at 8:30 a.m. EDT.

Beneficient Announces Rescheduled Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Webcast

Beneficient Announces Termination of SEC Investigation

DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity, primary capital and related trust and custody services to holders of alternative asset, announced today the Securities and Exchange Commission (the “SEC”) has issued termination letters to the Company and its founder, Chairman and Chief Executive Officer, Mr. Brad Heppner, advising that the SEC has concluded the investigation and does not intend to recommend an enforcement action by the SEC under the previously issued Wells Notices.

Beneficient Announces Termination of SEC Investigation

Why Is Beneficient (BENF) Stock Up 390% Today?

Billing itself as a technology-enabled financial services firm, Beneficient (NASDAQ: BENF ) captured the spotlight on Wall Street with a dramatic 390% lift on Friday before paring down some of the massive return. Initially catapulting BENF stock was news about the company meeting Nasdaq's minimum price rule.

Why Is Beneficient (BENF) Stock Up 390% Today?

Beneficient Regains Compliance with NASDAQ Minimum Bid Price Rule

DALLAS, May 03, 2024 (GLOBE NEWSWIRE) -- Beneficient (the “Company”) (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The notice confirmed that the Company's securities will continue to be listed and traded on Nasdaq.

Beneficient Regains Compliance with NASDAQ Minimum Bid Price Rule

Beneficient Responds to Claims Made by GWG Litigation Trustee

DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF), a technology-enabled platform providing liquidity, primary capital, and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, issued the following statement in response to a complaint filed on April 19, 2024 by the trustee of the GWG Litigation Trust (“Litigation Trustee”): Beneficient is disappointed but not surprised that the Litigation Trustee has decided to file suit against Beneficient, affiliated entities, and its officers and directors. The Litigation Trustee crafted a deliberately selective reading of complex and permissible business transactions, negotiated at arm's length that spanned many years as GWG Holdings sought to implement its disclosed business strategy to diversify away from its concentrated investment in life insurance policies.

Beneficient Responds to Claims Made by GWG Litigation Trustee

Beneficient to Participate in the Planet MicroCap Showcase on May 1-2, 2024

DALLAS, April 15, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (together with its affiliates, “Ben” or the “Company”), a technology-enabled platform focused on providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online portal, AltAccess, today announced that it will present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 2:00 p.m. Pacific Daylight Time.

Beneficient to Participate in the Planet MicroCap Showcase on May 1-2, 2024

Choosing Unknown Penny Stocks, 3 Top Tips

Penny stocks represent an exciting opportunity for investors looking to expand their portfolios with potentially lucrative, yet cost-effective options. Typically trading below five dollars per share, these stocks offer a gateway into investing with a smaller upfront financial commitment.

Choosing Unknown Penny Stocks, 3 Top Tips

3 Stocks That Are Actually Worth Shorting for Endless Gains

There's an old Wall Street adage that says “the market can stay irrational longer than you can stay solvent.” We saw that play out time and again with certain beaten-down stocks.

3 Stocks That Are Actually Worth Shorting for Endless Gains

Beneficient Enters into New Liquidity Transaction with ff Venture Capital

- Related liquidity transactions with three funds managed by ff Venture Capital, a leading investor in emerging industries, including fintech - With full participation from all limited partners, it is estimated Ben's loan portfolio collateral will grow by up to $121.5 million - Upon closing and assuming full participation, Beneficient will have completed, in aggregate, over $1.1 billion of NAV in liquidity transactions with general partners through fund restructurings and continuation vehicles DALLAS, March 06, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (together with its affiliates, “Ben” or the “Company”), a technology-enabled platform focused on providing liquidity and related trust and custody services to holders of alternative assets, today announced that it has agreed to the financing of liquidity transactions for three separate funds managed by ff Venture Capital, a leading venture capital firm. Limited partners in each of the participating funds have the option to participate and, in exchange for their respective interests in the fund's alternative assets, receive, in the aggregate, up to approximately $62 million in stated value of shares of the Company's Resettable Convertible Preferred Stock (the “Preferred Stock”), which is convertible at the election of the holder into shares of the Company's Class A common stock and potential earnout payments over a period of up to ten (10) years.

Beneficient Enters into New Liquidity Transaction with ff Venture Capital

See News Rankings