Beneficient (NASDAQ: BENF) was notified by Nasdaq of a delay in filing their Quarterly Report, which could lead to delisting from The Nasdaq Capital Market. The company previously faced delisting due to non-compliance with bid price requirements and filing delays. Beneficient requested a hearing before the Nasdaq Hearings Panel to present a plan for compliance. Beneficient aims to democratize the alternative asset investment market by providing solutions for underserved investors and institutions. Its AltQuote® tool offers exit options, while the AltAccess® portal allows exploration of opportunities. Beneficient’s subsidiary is regulated under Kansas’ Technology-Enabled Fiduciary Financial Institution Act.

Read more at GlobeNewswire: Beneficient Receives Additional Nasdaq Listing