Form 8-K
8-K — Beneficient
Accession: 0001493152-26-043234
Filed: 2026-09-18
Period: 2026-09-18
CIK: 0001775734
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): September 18, 2026
Beneficient
(Exact
Name of Registrant as Specified in Charter)
Nevada
001-41715
72-1573705
(State
or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S.
Employer
Identification No.)
325
North St. Paul Street, Suite 4850
Dallas,
Texas 75201
(Address
of Principal Executive Offices, and Zip Code)
(214)
445-4700
Registrant’s
Telephone Number, Including Area Code
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐
Written
communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Shares
of Class A common stock, par value $0.001 per share
BENF
Nasdaq Stock Market LLC
Warrants,
each whole warrant exercisable for one share of Class A common stock, par value $0.001 per share,
and one share of Series A convertible preferred stock, par value $0.001 per share
BENFW
Nasdaq Stock Market LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure.
On
September 18, 2026, Beneficient (the “Company”) issued a press release announcing the Company’s anticipated launch
of AltLens, the Company’s alternative asset portfolio analytics and risk platform for family offices and small institutional investors.
A
copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
The
information in this Item 7.01 (including Exhibit 99.1) is being furnished pursuant to Item 7.01 and shall not be deemed to be “filed”
for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that section,
nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set
forth in such filing.
Item
9.01 Exhibits and Financial Statements.
(d)
Exhibits.
Exhibit
No.
Description
of Exhibit
99.1
Press Release of Beneficient.
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
BENEFICIENT
By:
/s/
David B. Rost
Name:
David
B. Rost
Title:
General
Counsel
Dated:
September 18, 2026
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Beneficient
Announces Upcoming Launch of AltLens, an Alternative Asset Portfolio Analytics and Risk Platform for Family Offices and Small Institutional
Investors
AltLens
is engineered to measure portfolio risk based on the historical behavior of private markets and make advanced, institutional-level analytics
accessible to family offices and small institutional investors
DALLAS,
Sept. 18, 2026 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (together with its subsidiaries, the “Company”
or “Beneficient”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust
and custody services to holders of alternative assets, today announced that it plans to launch AltLens in the fourth quarter of calendar
year 2026. AltLens is an alternative asset portfolio analytics and risk platform developed for family offices and small institutional
investors. AltLens is designed to help investment teams maintain, organize, and analyze their alternative asset portfolios and assess
exposures, allocations against targets and limits, portfolio risk, concentration, and stress-test results.
“Private
markets have become too large and too important to the investors we serve for family offices and smaller institutions to rely principally
on spreadsheets and public-market proxies to understand portfolio risk,” said James G. Silk, Chief Executive Officer. “We
developed AltLens to make sophisticated alternative asset analysis practical for these investors and managers by applying sophisticated
risk models to complex private-market data and translating the results into clear analytics that can inform portfolio decisions.”
AltLens
maps each portfolio position to specific private-market risk segments defined by asset class, strategy, geography, and sector. For each
segment, AltLens maintains a historical series of quarterly returns based on historical private market performance. From these historical
returns, AltLens is designed to calculate volatility, beta, value-at-risk, correlation, and concentration metrics. By incorporating historical
private-fund performance, the methodology is designed to reflect how private assets have actually behaved rather than analyzing them
through a proxy of select publicly traded securities.
The
need for alternative asset analytics is expected to grow with the market. Preqin has forecast that alternatives assets under management
will reach approximately $29 trillion globally by 2029. As alternative assets account for a larger share of portfolios, family offices
and smaller institutions face a growing need for consistent, defensible analysis to support portfolio oversight and investment decisions.
AltLens
will also provide historical and hypothetical stress-testing capabilities. Historical scenarios will simulate how a private-market portfolio
would perform during markets analogous to the 2008-09 financial crisis, the 2000-03 technology downturn, and the 2021-22 inflationary
and rising-interest-rate environment. Users will also be able to model custom hypothetical equity-market declines and interest-rate shocks
and evaluate their projected effects by asset class and individual position.
The
platform is organized into a set of analytical “lenses” designed to address key portfolio oversight questions: What does
the portfolio hold, and how do its allocations compare with applicable targets and limits? What are its principal sources of risk, and
where is it concentrated? How might it perform under select stress scenarios? AltLens will deliver the results through dashboards and
exportable reports. Using a quarterly portfolio snapshot, the platform is designed to complement a customer’s existing accounting
and administration systems.
“Family
offices and smaller institutions should not need an enterprise-scale system or a lengthy implementation to conduct sophisticated portfolio
risk analysis for alternative assets,” Silk said. “AltLens is designed to fit their quarterly workflow by translating a portfolio
snapshot into clear risk and concentration analysis and reports that support investment committee and board decision-making.”
AltLens
is part of Beneficient’s broader alternative asset technology platform, under which Beneficient is developing AltSignal, an AI-enabled
alternative asset diligence engine, and AltDeal, an enterprise acquisition analysis engine. Beneficient expects to make AltLens available
to family offices and small institutional investors in the fourth quarter of calendar year 2026.
About
Beneficient
Beneficient
(Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing
traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking
exit options, anchor commitments and value-added services for their funds – with solutions that could help them unlock the value
in their alternative assets.
Its
subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary
Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.
For
more information, visit trustben.com or follow us on LinkedIn.
Contacts
Matt
Kreps: 214-597-8200, mkreps@darrowir.com
Michael
Wetherington: 214-284-1199, mwetherington@darrowir.com
Investor
Relations: investors@beneficient.com
Forward
Looking Statements
This
press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the planned launch of
AltLens in the fourth quarter of calendar year 2026; the expected timing of AltLens’s availability to family offices and small
institutional investors; the designed capabilities of AltLens; the anticipated benefits of AltLens and Beneficient’s broader alternative
asset technology platform; the expected growth of the alternative asset market and related demand for portfolio analytics and risk-management
tools; and the development and anticipated capabilities of AltSignal and AltDeal. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intends,” “may,”
“might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well
as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future
financial and operating results and are not statements of fact, actual results may differ materially from those projected.
Important
factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others,
risks relating to the timing, development, launch and functionality of AltLens; the risk that the Company is unable to develop, commercialize,
or expand AltLens, AltSignal, AltDeal, or its broader alternative asset technology platform; and the other risks, uncertainties, and
factors set forth under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and its subsequently
filed Quarterly Reports on Form 10-Q, and the risks and uncertainties contained in the Company’s Current Reports on Form 8-K.
Forward-looking
statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and,
except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or otherwise.
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