{"schema_version":"secwatch.filing_event.v1","accession":"0001775734-26-000026","form_type":"8-K","ticker":"BENF","cik":"0001775734","company_name":"Beneficient","filed_at":"2026-08-14T11:31:34+00:00","discovered_at":"2026-08-14T11:35:00.150106+00:00","generated_at":"2026-08-14T11:35:11.237231+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Beneficient Q1 FY27: first collateral mgmt deal, $16M capital commitments, narrower loss","bullets":["First collateral management services engagement with Texas state-chartered bank; recurring annual fee revenue expected.","Closed two primary capital commitments totaling >$16M; investments at fair value $212.5M vs $195.5M prior year.","Operating expenses down 84.3% to $12.5M (incl. $1.8M loss contingency interest) vs $80.0M prior year quarter.","GAAP operating loss narrowed to $0.4M from $59.9M prior quarter; diluted EPS -$0.47 vs -$57.55.","Cash $5.6M, total debt $96.8M; issued $4M promissory notes post-quarter for working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001775734-26-000026","json":"https://secwatch.observer/filing/0001775734-26-000026.json","markdown":"https://secwatch.observer/filing/0001775734-26-000026.md","text":"https://secwatch.observer/filing/0001775734-26-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775734/000177573426000026/0001775734-26-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775734/000177573426000026/ben-20260814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-14T11:35:11.237231+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"}