---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-025739"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2025-12-02T23:59:59+00:00"
generated_at: "2026-05-16T15:45:37.510950+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beneficient shareholders approve reverse stock split authorization at special meeting

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-025739
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2025-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000149315225025739/0001493152-25-025739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000149315225025739/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-025739
- JSON: https://secwatch.observer/filing/0001493152-25-025739.json
- Plain text: https://secwatch.observer/filing/0001493152-25-025739.txt

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