Beneficient announces 1-for-8 reverse stock split effective Dec 15 to regain Nasdaq compliance

Beneficient

1-for-8 reverse stock split of Class A and Class B common stock effective December 15, 2025.
Authorized shares reduced: Class A from 5B to 625M, Class B from 250K to 31,250.
Outstanding shares expected to decrease from ~111M to ~13.8M (Class A) and ~239K to ~29.9K (Class B).
No fractional shares; stockholders receive an additional share instead of a fractional share.
Split intended to regain compliance with Nasdaq minimum bid price requirement.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Beneficient: Approved a 1-for-8 reverse stock split and proportionate reduction in authorized shares of Class A and Class B common stock, effective December 15, 2025 (effective 2025-12-15).

Change: charter amendment
Effective: 2025-12-15

Exact text from the filing

On December 10, 2025, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada to effect the Reverse Stock Split at a ratio of 1-for-8 and a simultaneous proportionate reduction in the authorized shares of each class of Common Stock. The Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on December 15, 2025 (the “Effective Time”).

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Source: SEC EDGAR

accession 0001493152-25-027152

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