---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-014440"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T15:57:37.701978+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sellers terminate Beneficient's agreement to acquire Mercantile Bank International

## Summary
- Sellers delivered notice on June 3, 2025, terminating the Purchase Agreement effective immediately.
- The termination did not cause Beneficient to incur any additional liability.
- Original agreement was entered on December 4, 2024, for acquisition of MBI from MGH.
- No break-up fees or financial penalties disclosed in connection with the termination.

## SEC filing metadata
- accession: 0001641172-25-014440
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000164117225014440/0001641172-25-014440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000164117225014440/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-014440
- JSON: https://secwatch.observer/filing/0001641172-25-014440.json
- Plain text: https://secwatch.observer/filing/0001641172-25-014440.txt

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