{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-000368","form_type":"8-K","ticker":"BENF","cik":"0001775734","company_name":"Beneficient","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.813851+00:00","generated_at":"2026-05-28T11:13:58.280744+00:00","sec_items":["3.02","5.03","3.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Beneficient closes $1.36M GP primary capital transaction; issues convertible preferred stock","bullets":["Closed $1.36M primary commitment for 8F Fund LP, an aquaculture fund managed by 8F Asset Management.","Issued 136,193 shares of Series B-5 Convertible Preferred Stock, convertible into common at $0.6940/share.","Up to 1,962,435 common shares may be issued upon conversion of Series B-5 Preferred Stock.","ExAlt loan portfolio collateral increases by ~$1.36M of alternative asset interests.","Expects ~$450K addition to tangible book value (aggregate ~$10.23M) from Public Stockholder Enhancement Transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-000368","json":"https://secwatch.observer/filing/0001493152-25-000368.json","markdown":"https://secwatch.observer/filing/0001493152-25-000368.md","text":"https://secwatch.observer/filing/0001493152-25-000368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775734/000149315225000368/0001493152-25-000368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775734/000149315225000368/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T11:13:58.280744+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}