Beneficient reports results for third quarter fiscal 2025
Announced proposed transaction to increase tangible book value to ben public company stockholders by $9 million on 8.4 million shares outstanding, permanent equity increased by $35 million completed first primary capital transaction as part of ongoing business development activities announced proposed international bank acquisition to expand alternative and digital asset markets capabilities 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.
BENF Ratings Summary
BENF Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission