---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-039514"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:28:46.287253+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Beneficient terminates forward purchase deal, boosts authorized shares to 5B

## Summary
- Terminated Forward Purchase Agreement with RiverNorth; ~23,651 unsold Class A shares returned to company.
- Stockholders approved amendment increasing authorized Class A common stock from 18.75M to 5B.
- Special Meeting on Oct 2, 2024 had 55.01% voting power represented; Proposal 1 passed with 3,603,437 for and 32,277 against.
- Class B common stockholders also approved the amendment by written consent before the meeting.
- No other matters were voted on at the special meeting.

## SEC filing metadata
- accession: 0001493152-24-039514
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000149315224039514/0001493152-24-039514-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000149315224039514/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-039514
- JSON: https://secwatch.observer/filing/0001493152-24-039514.json
- Plain text: https://secwatch.observer/filing/0001493152-24-039514.txt

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