Beneficient consummates transaction to increase permanent equity by $35 million

Dallas, nov. 22, 2024 (globe newswire) -- beneficient (nasdaq: benf) (“ben” or the “company”), a technology-enabled financial services holding company announces that its subsidiary beneficient company holdings, l.p. consummated a previously announced transaction pursuant to which approximately $35 million of its preferred equity was redesignated as non-redeemable, resulting in the addition of approximately $35 million of permanent equity on its balance sheet.
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