Beneficient extends $1M related-party payment deadline to March 31, 2027

Beneficient

HH-BDH LLC and Beneficient Financing amended the March 10, 2026 Letter Agreement to push the $1,000,000 cash payment deadline to March 31, 2027.
Lender HH-BDH's sole member is Hicks Holdings Operating LLC; managing member Mack Hicks is a Beneficient board member, making the transaction related-party.
Obligation stems from the Credit and Guaranty Agreement dated October 19, 2023 with HH-BDH as lender and administrative agent.
Amendment signed October 7, 2026 by David Rost for Borrower and Ben Nevada, and by Mack Hicks for the lender.
8-K signed by Chief Financial Officer Gregory W. Ezell and dated October 14, 2026; no other terms of the Letter Agreement changed.

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