---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036041"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:16:19.528279+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Beneficient sells 150,000 shares at $1.58 to director-affiliated entity in private placement

## Summary
- Entered subscription agreement with Cangany Capital Management (controlled by director Peter T. Cangany Jr.) to sell 150,000 shares of Class A common stock at $1.58 per share.
- Total offering size approx $237,000; exempt under Section 4(a)(2) as sale to accredited investor.
- Shares acquired for investment purposes; no underwriter or public offering.

## SEC filing metadata
- accession: 0001493152-24-036041
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000149315224036041/0001493152-24-036041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000149315224036041/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036041
- JSON: https://secwatch.observer/filing/0001493152-24-036041.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.