Announced Proposed Transaction to Increase Tangible Book Value to Ben Public Company Stockholders
Permanent Equity Increased by $35 Million Completed First Primary Capital Transaction
As Part of Ongoing Business Development Activities Announced Proposed International Bank Acquisition
DALLAS, Feb. 13, 2025 (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, today reported its financial results for the fiscal 2025 third quarter, which ended December 31, 2024.
Commenting on the fiscal 2025 third quarter results, Beneficient management said: “Our fiscal third quarter was focused on key steps that we believe will ready Ben for significant new activities in delivering liquidity, primary capital and digital asset markets solutions – which we believe are all opportunities to disrupt and enhance the solutions available to large financial audiences.
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How this Announcement Will Impact Me
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How this Announcement Will Impact the World
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Conclusion
Overall, the proposed transaction to increase tangible book value and the completion of the first primary capital transaction demonstrate Ben’s commitment to growth and innovation in the financial sector. The announcement of the international bank acquisition further solidifies Ben’s position as a leader in alternative and digital asset markets. The impact of these initiatives on both individual investors and the global financial landscape is expected to be significant, paving the way for new opportunities and advancements in the industry.
