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Beneficient has filed a notice of an exempt offering of securities to raise $62,096,231.00 in New Equity Investment.

Beneficient has filed a notice of an exempt offering of securities to raise $62,096,231.00 in New Equity Investment.

March 19, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Beneficient is raising up to $62,096,231.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Brad Heppner played a key role in securing the recent investment.

About Beneficient
Beneficient (Nasdaq: BENF) is dedicated to making the global alternative asset investment market more accessible to underserved investors, specifically mid-to-high net worth individuals and small-to-midsized institutions. We seek to achieve this mission by offering early exit solutions that enable investors to unlock the full value of their alternative assets. Our innovative AltQuote tool quickly generates a range of potential exit options within minutes, while our secure AltAccess portal allows customers to explore opportunities and receive customized proposals. Through a subsidiary of Beneficient, Beneficient Fiduciary Financial, L.L.C. (BFF), we are proud to have received our charter under the State of Kansas Technology-Enabled Fiduciary Financial Institution (TEFFI) Act. Our business operations through BFF are also subject to regulatory oversight by the Office of the State Bank Commissioner, ensuring that in such operations we maintain the highest standards of accountability and transparency.

To learn more about Beneficient, visit http://www.trustben.com/

Contact:
Brad Heppner, Chief Executive Officer
214-445-4705
https://www.linkedin.com/in/brad-heppner/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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