Beneficient Closes $7.44 Million GP Primary Capital Transaction

2026-07-13 17:00:00

DALLAS, July 13, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today announced it has closed on the financing of a $7.44 million primary capital commitment in Quartus AI Fund II LP (the “Fund”), a fund managed by Quartus Capital Partners LLC (“Quartus”), a New York based investment firm investing in growth stage AI and technology ventures (the “Transaction”). Quartus is led by AI pioneers, technologists, and seasoned operators.

Beneficient Releases Letter to Shareholders Updating Progress on Significant Corporate Issues

2026-06-29 17:25:00

DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (Ben or the Company), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, has issued a letter to shareholders from Chief Executive Officer James Silk about progress the Company has made in managing and settling significant issues as it reports its fiscal year 2026 earnings results in a separate press release.

Beneficient Releases Letter to Shareholders Updating Progress on Significant Corporate Issues

2026-06-29 17:25:00

DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (Ben or the Company), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, has issued a letter to shareholders from Chief Executive Officer James Silk about progress the Company has made in managing and settling significant issues as it reports its fiscal year 2026 earnings results in a separate press release. Dear Beneficient Shareholders, It has been three very eventful years since Beneficient went public on Nasdaq.

Beneficient Reports Fourth Quarter & Fiscal Year Ended March 31, 2026 Results

2026-06-29 17:20:00

Transformative Fiscal 2026 Focused on Addressing Legacy Issues While Strengthening Foundation of the Company Beneficient Clears Litigation Hurdles as it Positions to Capitalize on New Opportunities for Growth DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2026 fourth quarter and fiscal year, which ended March 31, 2026. Highlights of the year include: Resolved GWG Holdings, Inc. litigation and regained Nasdaq compliance Generated over $50 million in gross proceeds from asset sales Fully paid off HH-BDH Credit Agreement principal balance (excluding $1.1 million for deferred interest and fees) Executed over $23 million in new fiduciary financings, including those closed subsequent to year end Established initial collateral management services relationship Commenting on the fiscal 2026 results, Chief Executive Officer James Silk said: “Fiscal 2026 was a year of significant progress for Beneficient.

Beneficient Reports Fourth Quarter & Fiscal Year Ended March 31, 2026 Results

2026-06-29 17:20:00

Transformative Fiscal 2026 Focused on Addressing Legacy Issues While Strengthening Foundation of the Company Beneficient Clears Litigation Hurdles as it Positions to Capitalize on New Opportunities for Growth DALLAS, June 29, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) ("Ben" or the "Company"), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2026 fourth quarter and fiscal year, which ended March 31, 2026.

Beneficient Announces First Collateral Management Services Engagement

2026-06-25 16:30:00

Beneficient announced that it has entered into its first engagement to provide collateral management services for a third party Texas state-chartered bank.

Beneficient Statement on Heppner Conviction

2026-05-11 07:30:00

DALLAS, May 11, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today issued a statement regarding the conviction of the Company's former Chairman and CEO, Brad Heppner, by a federal jury in the United States District Court for the Southern District of New York (“SNDY”) on charges of securities fraud, wire fraud, conspiracy to commit securities fraud and wire fraud, and false statements to auditors in connection with a scheme to defraud GWG Holdings, Inc. As established at trial, Mr. Heppner acted solely on behalf of his family office to perpetrate this scheme through a shell company he controlled.

Beneficient Statement on Heppner Conviction

2026-05-11 07:30:00

DALLAS, May 11, 2026 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (the "Company"), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets, today issued a statement regarding the conviction of the Company's former Chairman and CEO, Brad Heppner, by a federal jury in the United States District Court for the Southern District of New York ("SNDY") on charges of securities fraud, wire fraud, conspiracy to commit securities fraud and wire fraud, and false statements to auditors in connection with a scheme to defraud GWG Holdings, Inc.