Beneficient (BENF): Nasdaq/NYSE listing notice — Beneficient receives Nasdaq delisting notice for bid price below $1.00; 180 days to comply

Beneficient

Nasdaq notified Beneficient on Jan 13, 2025 that its common stock bid price was below $1.00 for 30 consecutive business days.
Company has until July 14, 2025 to regain compliance; stock continues trading under symbol BENF.
Options include reverse stock split; no assurance of regaining compliance.
Potential delisting if unable to cure; company can appeal to Nasdaq Panel.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Beneficient received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

January 13, 2025, Beneficient (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the previo

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Beneficient received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

January 13, 2025, Beneficient (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the previous 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.001 per share (the “Class A Common Stock”), had been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). The Notice has no effect at this time on the Class A Comm

View on SEC.gov

Browse all listing & compliance notices →

Beneficient filing history →

Source: SEC EDGAR

accession 0001493152-25-002772

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.