Beneficient (NASDAQ: BENF) shares fell backward Tuesday, as the Dallas-based, technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today reported its financial results for the fiscal 2026 first quarter, which ended June 30, 2025.
Reported investments with a fair value of $263.8 million, decreased from $291.4 million at the end of our prior fiscal year, which served as collateral for Ben Liquidity's net loan portfolio of $230.7 million and $244.1 million, respectively.
The company reported investments for June 30, 2025 includes three additional primary capital transactions, previously disclosed, with an initial aggregate value $11.8 million.
Commenting on the fiscal 2026 first quarter results, interim CEOJames Silk said: “This quarter reflects meaningful progress strengthening Beneficient’s financial and operational foundation. We’ve taken deliberate steps to reduce expenses, complete new primary capital transactions and generate additional liquidity through asset sales as well as bringing the Company current on its SEC filings. These achievements demonstrate our renewed focus on disciplined execution as we work to provide value for our shareholders and seek to position the Company for long-term success.”
Shares in BENF slid five cents, or 9.9%, early Tuesday to 48 cents.
