Beneficient has filed a notice of an exempt offering of securities to raise $3,022,728.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Beneficient is raising up to $3,022,728.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Beneficient
Beneficient, also known as Ben, is a Nasdaq-traded company (BENF) that provides liquidity products and custody services for alternative assets. The company offers a rapid, secure, and online platform for individuals, wealth advisors, general partners, and institutional investors to exit alternative asset investments for cash, equity, or debt securities. Through its AltAccess platform, Beneficient provides simplified liquidity and custody solutions, featuring on-demand investment analytics for a clear picture of asset ownership and real-time decision-making. Their mission is to empower alternative asset investors with a fully regulated, tech-enabled approach to early exit solutions, reporting, and custodial services with real-time data analytics.
To learn more about Beneficient, visit https://www.trustben.com/
Beneficient Linkedin Page: https://www.linkedin.com/company/beneficient/
Contact:
David Rost, General Counsel
214-445-5705
https://www.linkedin.com/in/david-rost-374291151/
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