Beneficient secures $1.91 million in primary capital commitment for Mendoza Ventures Growth Fund III.

From GlobeNewswire: 2025-06-24 21:15:00

Beneficient announced closing a $1.91 million primary capital commitment for Mendoza Ventures Growth Fund III, LP. This marks their fourth transaction since launching the program in late 2024. The Fund received shares of the Company’s Preferred Stock, convertible into Class A common stock. The collateral for the ExAlt loan portfolio is expected to increase by $1.91 million. Beneficient also entered a Preferred Liquidity Provider Program Agreement with the Fund. The GP Primary Commitment Program aims to meet up to $330 billion in potential demand for primary commitments. Beneficient focuses on democratizing the global alternative asset investment market by providing solutions for underserved investors.

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Investors and security holders are urged to read the proxy statement and relevant documents regarding the Transactions filed with the SEC. Ben and certain directors, officers, and employees may participate in the solicitation of proxies. The information provided is for informational purposes and not an offer of securities. Forward-looking statements in the press release are subject to risks and uncertainties, and the Company assumes no obligation to update them.



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