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Beneficient ( (BENF) ) has shared an announcement.
Beneficient terminated a Forward Purchase Agreement with RiverNorth, resulting in the return of unsold shares to the company. Following this, Beneficient increased its authorized Class A common stock from 18.75 million to 5 billion shares, a change overwhelmingly supported by stockholders in a special meeting. Both the increase in shares and the potential adjournment of the meeting for further voting, if necessary, were approved, with no other issues addressed during the session.
See more data about BENF stock on TipRanks’ Stock Analysis page.