BENF BENEFICIENT

Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and Webcast

Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and Webcast

DALLAS, Nov. 11, 2024 (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 through its proprietary online platform, AltAccess, announced that it will release its Second Quarter Fiscal 2025 financial results on Thursday, November 14, 2024. Beneficient will host a webcast to present the results on Friday, November 15, 2024 at 8:00 a.m. Eastern Standard Time.

To listen to the webcast please visit the Beneficient investor relations website at at least ten minutes prior to the scheduled start time to register.

A replay of the webcast will be available on the Company’s website shortly after the initial presentation.

About Beneficent

Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.

For more information, visit or follow us on LinkedIn.

Contacts

Matt Kreps 214-597-8200

Michael Wetherington 214-284-1199

  

Forward-Looking Statements

This communication includes forward-looking statements as defined under U.S. federal securities laws. Forward-looking statements include all statements that are not historical statements of fact, including related to statements about our plans, expectations and objectives with respect to the results of any legal or regulatory proceedings. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “will,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this release. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents we file with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.



EN
11/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on BENEFICIENT

 PRESS RELEASE

Beneficient Appoints Karen J. Wendel to Board of Directors

Beneficient Appoints Karen J. Wendel to Board of Directors DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company, today announced the appointment of Karen J. Wendel as an independent member of the Company’s Board of Directors as of November 21, 2024. In addition to being an independent director, she was appointed to serve on the Audit, Products and Related Party Transactions and Enterprise Risk committees of the Board. Ms. Wendel is the President and CEO of TrustChains, a boutique cybersecuri...

 PRESS RELEASE

Beneficient Consummates Transaction to Increase Permanent Equity by $3...

Beneficient Consummates Transaction to Increase Permanent Equity by $35 Million DALLAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $35 million of its preferred equity was redesignated as non-redeemable, resulting in the addition of approximately $35 million of permanent equity on its balance sheet. As a result of the transaction, the Company believe...

 PRESS RELEASE

Beneficient Reports to Kansas Legislative Committee on Its Positive De...

Beneficient Reports to Kansas Legislative Committee on Its Positive Developments and the Digital Transformation of the Alternative Asset Industry TEFFI Act Proceeds Funding Economic Redevelopment and Grocery Store Project in Hesston, Kansas and Dozens of Microgrants for Economic Improvement DALLAS, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), whose subsidiary Beneficient Fiduciary Financial, L.L.C., is a Technology-Enabled Fiduciary Financial Institution (TEFFI) today provided an update to the State of Kansas Joint Committee on Fiduciary Financi...

 PRESS RELEASE

Beneficient Reports Results for Second Quarter Fiscal 2025

Beneficient Reports Results for Second Quarter Fiscal 2025 Reports Second Quarter of Positive GAAP Net Income Maintains Cost Efficient Operating Profile DALLAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. Commenting on the fiscal 2025 second quarter results, Beneficient management sai...

 PRESS RELEASE

Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and ...

Beneficient Announces Second Quarter Fiscal 2025 Earnings Release and Webcast DALLAS, Nov. 11, 2024 (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 through its proprietary online platform, AltAccess, announced that it will release its Second Quarter Fiscal 2025 financial results on Thursday, November 14, 2024. Beneficient will host a webcast to present the results on Friday, November 15, 2024 at 8:00 a.m. ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch