Beneficient
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $13.5M
- Price
- $0.7088
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.28%
- Volume
- 64.8K
About
Beneficient operates as a technology-driven financial services provider, specializing in delivering liquidity solutions to entities within the alternative asset market. The company manages the AltAccess platform, a comprehensive digital ecosystem designed to facilitate the entire spectrum of alternative asset management, from transactions to secure custody and detailed analytics. This secure, end-to-end platform features several integrated components: AltLiquidity: A cybersecure online tool for sourcing and arranging alternative asset liquidity. AltQuote: A valuation tool providing real-time pricing for alternative assets. AltCustody: For digitizing and tracking alternative asset portfolios. AltData: Consolidating investment analytics and data for insightful alternative asset management. AltTrading: Offering a dedicated trading environment. Beneficient caters to a diverse clientele, including affluent individual investors, small to mid-sized institutional investors, family offices, and general partners of various funds. The company is headquartered in Dallas, Texas.
Quick stats
Shares outstanding19.0M
Computed float4.9M
Float / shares26.1%
Cash runway (months)2.6
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001775734
Websitehttps://www.trustben.com
AI Summary
AI-generated1/50
standardmixedproxy statement
BENF: 8-K · proxy statement
Beneficient stockholders approved, for Nasdaq Rule 5635(d) purposes, the issuance of Class A shares to Yorkville under the Amended and Restated Standby Equity Purchase Agreement and related $4.0 million convertible notes, with 13,920,141 votes for versus 328,427 against. The 2,902,240 Yorkville Shares already issued were excluded from voting on the proposal.
At the same meeting, Beneficient Holdings Inc. — holder of roughly 92.6% of Class B stock and historically controlled by convicted former CEO Brad Heppner — delivered a letter challenging the validity of the October 2025 Conversion Shares issued under the 2023 Exchange Agreement.
Management rejected BHI's objections in their entirety, citing estoppel, laches, and the argument that any BHI rights were procured by fraud, but the dispute raises lingering uncertainty over a meaningful block of shares outstanding.
Red flags
- Former CEO Brad Heppner convicted of securities and wire fraud (May 7, 2026)
- BHI (92.6% Class B holder) formally challenging validity of October 2025 Conversion Shares — potential share-ownership litigation risk
- Yorkville SEPA/notes issuance may represent more than 20% of outstanding common stock — heavy dilution capacity