Beneficient holds special stockholder meeting
BENF•Beneficient shareholders approved issuing Class A common stock to Yorkville at an October 29, 2026, special meeting. The approval covers an amended standby equity purchase agreement and convertible promissory notes with $4 million in original aggregate principal.
1. Shareholders approve issuance
Beneficient shareholders approved issuing Class A common stock to Yorkville at a special meeting on October 29, 2026. The approval covers an amended and restated standby equity purchase agreement and convertible promissory notes with $4 million in original aggregate principal. Shareholders also authorized an adjournment for further proxy solicitation, but no adjournment was needed because the proposal received sufficient support.
