Security
Beneficient Warrant · BENFW
BENFWNASDAQWarrantCurrentCIK 1775734Updated Oct 8, 2026
Name history
Beneficient Co Group, L.P. · through May 16, 2023
BENFW price & chart
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NASDAQ:BENFW on TradingView ↗About the company
We are a technology-enabled financial services company that provides simple, rapid, and cost-effective liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry. Through our business line operating subsidiaries (each a “Ben Business Unit” and collectively, the “Ben Business Units”), Ben Liquidity, Ben Custody, and Ben Markets (each as defined below), we seek to provide solutions in the alternative asset investment market for individual and institutional investors, general partners and sponsors (“GPs”) and the alternative asset funds they manage (“Customers”). Following receipt of regulatory approval, our Ben Business Units are expected to include an additional business line, Ben Insurance Services. Our products and services are designed to meet the unmet needs of mid-to-high net worth (“MHNW”) individual investors, small-to-midsize institutional (“STMI”) investors, family offices (“FAMOs”) and GPs, which collectively are our Customers.
In the news
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Recent filings
PRE 14A filing
SCHEDULE 13G/A - filed by YA II PN, Ltd. regarding Beneficient
Regulation FD Disclosure
Items 7.01, 9.01
4 filing
4 filing
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Unregistered Sales of Equity Securities
Items 3.02
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 2.03, 9.01
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 238,772,000Source | 354,875,000Source | 368,501,000Source | 2,910,695,000Source |
| Property, Plant and Equipment, NetUSD | 1,082,000Source | 1,732,000Source | 2,328,000Source | 4,344,000Source |
| GoodwillUSD | 9,914,000Source | 9,914,000Source | 13,606,000Source | 2,367,926,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,543,000Source | 1,346,000Source | 7,913,000Source | 8,726,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 337,532,000Source | 299,274,000Source | 309,567,000Source | 231,789,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 1,884,835,000Source | 1,844,489,000Source | 1,848,068,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | -2,095,478,000Source | -2,008,052,000Source | -2,059,214,000Source | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 52,000Source | -2,000Source | 276,000Source | 9,900,000Source |
| Liabilities and EquityUSD | 238,772,000Source | 354,875,000Source | 368,501,000Source | 2,910,695,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 24,733,000Source | 132,076,000Source | 42,231,000Source | 142,214,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | 0Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -164,730,000Source | -803,000Source | -2,658,180,000Source | -252,100,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 746,000Source | 1,695,000Source | 3,775,000Source | 3,606,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,629,000Source | 5,649,000Source | 39,103,000Source | 10,085,000Source |
| Deferred Income Tax Expense (Benefit)USD | 214,000Source | 80,000Source | 0Source | -1,072,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -38,717,000Source | -37,703,000Source | -58,216,000Source | -95,118,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 61,208,000Source | 28,105,000Source | 44,057,000Source | 63,017,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 96,000Source | 1,099,000Source | 1,759,000Source | 2,077,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | 0Source | 116,000Source | 1,125,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -21,294,000Source | 2,967,000Source | 12,591,000Source | -34,459,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,197,000Source | -6,631,000Source | -1,568,000Source | -66,560,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,543,000Source | 1,346,000Source | 7,977,000Source | 9,545,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 900,000Source | 2,400,000Source | 1,100,000Source | 8,700,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,629,000Source | 5,649,000Source | 39,103,000Source | 10,085,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | 0Source | 998,000Source | — | — |
| DepreciationUSD | 700,000Source | 1,700,000Source | 3,800,000Source | 3,600,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | 37,800,000Source | 0Source |
| Gain (Loss) on InvestmentsUSD | 9,774,000Source | -2,242,000Source | -104,521,000Source | -51,421,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | -54,973,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | -8,846,000Source | 0Source |
| GoodwillUSD | 9,914,000Source | 9,914,000Source | 13,606,000Source | 2,367,926,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 3,100,000Source | — | — | 0Source |
| Goodwill, Impairment LossUSD | 0Source | 3,692,000Source | 2,354,320,000Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 3,100,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 214,000Source | 80,000Source | 788,000Source | -1,072,000Source |
| InterestIncomeOperatingPaidInKindUSD | 385,000Source | 494,000Source | 446,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -87,426,000Source | — | -2,095,641,000Source | -130,980,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -96,222,000Source | -69,789,000Source | -579,332,000Source | -136,942,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -18,286,000Source | 51,162,000Source | -2,095,641,000Source | -130,980,000Source |
| Operating ExpensesUSD | 127,387,000Source | 16,242,000Source | 2,549,850,000Source | 148,269,000Source |
| Operating Lease, ExpenseUSD | 200,000Source | 600,000Source | 5,100,000Source | 6,600,000Source |
| Payments of Financing CostsUSD | — | — | 1,600,000Source | — |
| Payments to Acquire InvestmentsUSD | 2,238,000Source | 1,219,000Source | 1,420,000Source | — |
| Proceeds from Issuance of Common StockUSD | 706,000Source | 7,859,000Source | 1,122,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 1,048,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | -39,125,000Source | -7,943,000Source | -98,696,000Source | -104,903,000Source |
| Operating Income (Loss)USD | -166,512,000Source | -24,185,000Source | -2,648,546,000Source | -253,172,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -164,516,000Source | -723,000Source | -2,657,392,000Source | — |
| Income Tax Expense (Benefit)USD | 214,000Source | 80,000Source | 788,000Source | -1,072,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -96,222,000Source | -69,789,000Source | -579,332,000Source | -136,942,000Source |
| Net Income (Loss) Attributable to ParentUSD | -87,426,000Source | — | -2,095,641,000Source | -130,980,000Source |
| Earnings Per Share, BasicUSD per share | — | — | — | -1.94Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | -1.94Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 67,486,168Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 67,486,168Source |
| Additional Financial Items | ||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | 37,800,000Source | 0Source |
| Gain (Loss) on InvestmentsUSD | 9,774,000Source | -2,242,000Source | -104,521,000Source | -51,421,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | -54,973,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | 3,692,000Source | 2,354,320,000Source | — |
| Interest ExpenseUSD | — | — | 17,559,000Source | 15,471,000Source |
| InterestExpenseOperatingUSD | 18,801,000Source | 14,908,000Source | — | — |
| Interest Income, OperatingUSD | — | 44,000Source | 457,000Source | 412,000Source |
| InterestIncomeOperatingPaidInKindUSD | 385,000Source | 494,000Source | 446,000Source | — |
| Labor and Related ExpenseUSD | 11,845,000Source | 16,851,000Source | 65,129,000Source | 45,527,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -18,286,000Source | 51,162,000Source | -2,095,641,000Source | -130,980,000Source |
| Operating ExpensesUSD | 127,387,000Source | 16,242,000Source | 2,549,850,000Source | 148,269,000Source |
| Operating Lease, ExpenseUSD | 200,000Source | 600,000Source | 5,100,000Source | 6,600,000Source |
| Other ExpensesUSD | 8,708,000Source | 11,529,000Source | 21,854,000Source | 28,269,000Source |
Offerings
Registration 333-297808
Filing attachments
ex99-1.htm · 8-K · 2026-09-23
Exhibit 99.1 Beneficient Announces Strategy to Eliminate HCLP Debt and Heppner Equity Interests DALLAS, September 23, 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 announced that it has formulated and is implementing a comprehensive strategy intended to eliminate both the fraudulent indebtedness asserted b…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-18
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Beneficient Announces Upcoming Launch of AltLens, an Alternative Asset Portfolio Analytics and Risk Platform for Family Offices and Small Institutional Investors AltLens is engineered to measure portfolio risk based on the historical behavior of private markets and make advanced, institutional-level analytics accessible to family offices and small institutional investors DALLAS, Sept. 18, 2026 (GLOBE NEWSWIRE) - Beneficient (NASDAQ: BENF) (togethe…
Read attachment ↗ex107-1.htm · S-8 · 2026-08-07
Calculation of Filing Fee Tables S-8 Beneficient ──────────────────────────────────── Table 1: Newly Registered Securities ──────────────────────────────────────── Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee ──────────────────────────────────────────────────────────────────────────…
Read attachment ↗ex107.htm · S-1 · 2026-07-29
Calculation of Filing Fee Tables S-1 Beneficient ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate …
Read attachment ↗ex99-1.htm · DEFA14A · 2026-07-13
Exhibit 99.1 Beneficient Closes $7.44 Million GP Primary Capital Transaction 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…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-13
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Beneficient Closes $7.44 Million GP Primary Capital Transaction 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”), …
Read attachment ↗