{"schema_version":"secwatch.filing_event.v1","accession":"0001775734-26-000013","form_type":"8-K","ticker":"BENF","cik":"0001775734","company_name":"Beneficient","filed_at":"2026-06-29T21:18:58+00:00","discovered_at":"2026-06-29T21:20:00.865276+00:00","generated_at":"2026-06-29T21:20:58.703299+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Beneficient reports fiscal 2026 results; Q4 GAAP operating loss $59.9M, resolves GWG litigation","bullets":["Q4 GAAP operating loss of $59.9M; adjusted operating loss $19.5M; GAAP EPS ($14.02). Full year revenue negative $39.1M.","Resolved GWG Holdings litigation, regained Nasdaq compliance, generated $51.5M gross proceeds from asset sales.","James Silk named permanent CEO (removed interim title) on June 24, 2026; former CEO Brad Heppner convicted, sentenced Oct 7, 2026.","Fully repaid HH-BDH Credit Agreement principal; entered first collateral management services engagement with Texas bank.","Investments fair value $195.5M; loan portfolio net $169.7M; cash $2.5M, debt $96.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001775734-26-000013","json":"https://secwatch.observer/filing/0001775734-26-000013.json","markdown":"https://secwatch.observer/filing/0001775734-26-000013.md","text":"https://secwatch.observer/filing/0001775734-26-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775734/000177573426000013/0001775734-26-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775734/000177573426000013/ben-20260629.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T21:20:58.703299+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}