other material
confidence high
sentiment neutral
materiality 0.60
Beneficient shareholders approve reverse stock split authorization at special meeting
Beneficient
- Proposal 1 approved with ~104.35M votes for, 590K against, 15.8K abstain; ratio range 1:5 to 1:100 set by board.
- Proposal 2 (adjournment) also approved; ~104.3M for, 578K against.
- Meeting held Dec 1, 2025; ~92.8% of total voting power represented.
- Exact reverse split ratio and timing to be determined by board; no effective date announced.