Beneficient expands GP primary capital with Cork & Vines

Beneficient ( (BENF) ) has issued an announcement.

On January 5, 2026, Beneficient funded the closing of a primary capital transaction involving a limited partner interest in an investment fund with a net asset value of about $3 million, issuing 302,273 shares of its newly designated Series B-9 Resettable Convertible Preferred Stock in a private, unregistered offering. The Series B-9 preferred shares, authorized up to 302,273 shares and convertible into a maximum of 565,007 shares of Class A common stock at an initial but periodically reset conversion price, carry no voting rights, rank pari passu with common stock for dividends and liquidation alongside other designated preferred series, and are subject to ownership and exchange caps, as well as optional and mandatory conversion features tied to regulatory filings and resale eligibility. In a related January 8, 2026 announcement, the company detailed that roughly $3 million in stated value of its resettable convertible preferred stock was provided as primary capital to Cork & Vines Fund I, LP, a fund focused on premium experiential and luxury dining investments, marking a second GP Primary Capital transaction with this manager and increasing the collateral backing Beneficient’s ExAlt loan portfolio by about $3 million of alternative asset interests, thereby expanding its GP Primary Commitment Program and reinforcing its positioning as a provider of fundraising-linked primary capital solutions to general partners.

The most recent analyst rating on (BENF) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Beneficient stock, see the BENF Stock Forecast page.

Spark’s Take on BENF Stock

According to Spark, TipRanks’ AI Analyst, BENF is a Neutral.

The score is primarily weighed down by very weak financial performance (losses, negative margins, negative equity, and strained cash flow). Technicals are a relative bright spot with an established uptrend and neutral-to-positive momentum, while valuation remains unattractive due to loss-making results and no dividend support. Earnings-call commentary was mixed, reflecting operational improvements but significant legal/reputational and balance-sheet risks.

To see Spark’s full report on BENF stock, click here.

More about Beneficient

Beneficient (Nasdaq: BENF), branded as “Ben,” operates a technology-enabled platform that provides exit opportunities, primary capital solutions, and related trust and custody services to holders of alternative assets, targeting mid-to-high net worth individuals, small-to-midsized institutions, and general partners seeking exit options and anchor commitments. Its subsidiary, Beneficient Fiduciary Financial, L.L.C., is chartered under Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is regulated by the Office of the State Bank Commissioner, underpinning its role in democratizing access to the alternative asset investment market.

Average Trading Volume: 1,255,301

Technical Sentiment Signal: Sell

Current Market Cap: $82.14M

For an in-depth examination of BENF stock, go to TipRanks’ Overview page.