Beneficient 8K

Beneficient amended and restated its standby equity purchase agreement with YA II PN, Ltd. to a $100 million equity facility including a $4 million pre-paid convertible note advance, extending its equity financing arrangement under revised terms and limits.

Beneficient, whose Class A common stock trades on Nasdaq under the symbol BENF, entered into an Amended and Restated Standby Equity Purchase Agreement with YA II PN, Ltd. dated June 26, 2026 (effective as of an unspecified effective date) to replace the prior June 27, 2023 agreement, reducing the commitment size to a total of up to $100 million of Class A common shares while extending the facility’s maturity, and establishing a structure under which the investor will provide a $4 million pre-paid advance in two $2 million tranches via convertible promissory notes (subject to specified conditions including the filing of the company’s Form 10‑K for the year ended March 31, 2026 and effectiveness of a resale registration statement), along with an ongoing ability for the company to draw additional equity advances within defined ownership, exchange-cap, registration and trading-volume limitations, in conjunction with a concurrent registration rights agreement and issuance of commitment shares to the investor.

Filing Facts

CIK

1775734

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-032323

Alert Tier

7