Beneficient faces new Nasdaq delisting notice over late 10-Q

Published 2 months ago Neutral
Beneficient faces new Nasdaq delisting notice over late 10-Q
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* Beneficient (NASDAQ:BENF [https://seekingalpha.com/symbol/BENF]) said on Friday it has received a new delisting notice from Nasdaq due to its failure to file its quarterly report for the period ended June 30, 2025.
* The company has previously received notification from Nasdaq due to its continued non-compliance issues including the its failure to meet Nasdaq’s $1.00 minimum bid price requirement and delays in filing its annual report for the fiscal year that ended March 31.
* The company has requested a hearing with the Nasdaq Hearings Panel, where it plans to present its compliance strategy and seek an extension of time; though there is no assurance the request will be granted.
* BENF -5.1% after hours to $0.325
* Source: Press Release [https://seekingalpha.com/pr/20209486-beneficient-receives-additional-nasdaq-listing-determination]

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* Beneficient receives Nasdaq listing determination notice [https://seekingalpha.com/news/4469015-beneficient-receives-nasdaq-listing-determination-notice]
* Seeking Alpha’s Quant Rating on Beneficient [https://seekingalpha.com/symbol/BENF/ratings/quant-ratings]
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