Beneficient announces 1-for-8 reverse stock split

Beneficient (BENF) announced a 1-for-8 reverse stock split of its Class A common stock, par value $0.001 per share, and its Class B common stock, par value $0.001 per share. The Reverse Stock Split was previously approved by Beneficient’s stockholders on December 1, 2025. Beneficient’s Class A Common Stock will continue to trade on The Nasdaq Capital Market under the symbol “BENF” and will begin trading on a split-adjusted basis when the market opens on December 15, 2025. The new CUSIP number for Beneficient’s Common Stock following the Reverse Stock Split will be 08178Q507. The Reverse Stock Split is intended to enable Beneficient to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.