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.)
- $43.5M
- Price
- $3.00
- % Change (Daily % change from the live per-ticker quote feed.)
- -6.69%
- Volume
- 25.6K
About
Beneficient, a technology-enabled financial service company, provides liquidity solutions to participants in the alternative asset industry. It operates AltAccess platform, which provides liquidity, custody, and investment analytics solutions, including AltLiquidity, an online tool that helps to find liquidity solutions for its alternative assets on a cybersecure platform; AltQuote, a quote tool for alternative assets; AltAccess, a secure platform for end-to-end alternative asset transactions; AltCustody to digitize and track its alternative assets; AltData, an investment analytics for its alternative asset data in one place; and AltTrading, a trading solution. The company serves mid-to-high net worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. The company is based in Dallas, Texas.
Quick stats
Shares outstanding14.5M
Computed float1.4M
Float / shares9.4%
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-generated1/8
standardbullishoperations update
Beneficient Closes $7.44 Million GP Primary Capital Transaction
Beneficient closed a $7.44 million GP primary capital transaction with Quartus AI Fund II LP, issuing Resettable Convertible Preferred Stock to acquire the interest.
The deal is expected to increase collateral for the ExAlt loan portfolio and add approximately $7.44 million of tangible book value, with the commitment scalable to $26.25 million if the Fund reaches its $150 million target.
This marks the second AI-focused fund transaction for Beneficient this year, bringing fiscal year to date tangible book value additions to approximately $17.2 million.
Red flags
- Resettable Convertible Preferred Stock issuance poses future dilution risk
- Transaction size ($7.44M) represents ~15% of current market cap