Beneficient Faces Delisting Concerns
Ticker: BENFW · Form: 8-K · Filed: Jan 17, 2025 · CIK: 1775734
Sentiment: bearish
Topics: delisting, listing-standards, compliance
Related Tickers: BENF
TL;DR
BENF might get delisted, check exchange status.
AI Summary
Beneficient (BENF) filed an 8-K on January 17, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The earliest event reported was January 13, 2025. The company is incorporated in Nevada and its principal executive offices are located in Dallas, Texas.
Why It Matters
This filing indicates potential issues with Beneficient's compliance with stock exchange listing requirements, which could impact its stock's tradability and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's stock market presence and investor confidence.
Key Players & Entities
- Beneficient (company) — Registrant
- BENF (company) — Ticker Symbol
- January 13, 2025 (date) — Earliest event reported
- January 17, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of Incorporation
- Dallas, Texas (location) — Business Address
FAQ
What specific listing rule or standard has Beneficient failed to satisfy?
The filing does not specify the exact rule or standard that Beneficient has failed to satisfy, only that it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard'.
What is the earliest date of the event reported in this 8-K?
The earliest event reported in this 8-K was January 13, 2025.
When was this 8-K form filed with the SEC?
This 8-K form was filed on January 17, 2025.
In which state is Beneficient incorporated?
Beneficient is incorporated in Nevada.
Where are Beneficient's principal executive offices located?
Beneficient's principal executive offices are located at 325 N. Saint Paul Street, Suite 4850, Dallas, TX 75201.
Filing Stats: 1,247 words · 5 min read · ~4 pages · Grade level 14.8 · Accepted 2025-01-17 16:10:27
Key Financial Figures
- $0.001 — ares of Class A common stock, par value $0.001 per share BENF Nasdaq Stock Market
- $1.00 — mon Stock"), had been below the minimum $1.00 per share required for continued listin
Filing Documents
- form8-k.htm (8-K) — 48KB
- 0001493152-25-002772.txt ( ) — 274KB
- benf-20250113.xsd (EX-101.SCH) — 4KB
- benf-20250113_def.xml (EX-101.DEF) — 30KB
- benf-20250113_lab.xml (EX-101.LAB) — 37KB
- benf-20250113_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BENEFICIENT By: /s/ Gregory W. Ezell Name: Gregory W. Ezell Title: Chief Financial Officer Dated: January 17, 2025