Beneficient 8-K, filed Oct 14, 2026
Beneficient (BENF)
About this 8-K
Beneficient filed this 8-K on October 14, 2026, reporting on events of October 7, 2026.
Items reported
- Item 1.01: Entered into a material agreement
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 1.01. | Entry into a Material Definitive Agreement. |
As previously disclosed, on March 10, 2026, Beneficient Financing, L.L.C. (the “Borrower”), a wholly owned subsidiary of Beneficient, a Nevada corporation (the “Company”), and Beneficient Company Holdings, L.P., as guarantor (the “Guarantor” and together with the Borrower, the “Loan Parties”), entered into a letter agreement (the “Letter Agreement”) with HH-BDH, LLC (“HH-BDH”), which provided for the payment of the remaining interest and fees outstanding under that certain Credit and Guaranty Agreement, dated October 19, 2023, by and among the Loan Parties and HH-BDH, as lender and administrative agent. HH-BDH’s sole member is Hicks Holdings Operating, LLC, a Delaware limited liability company, whose managing member, Mack Hicks, is a member of the Company’s board of directors. Pursuant to the terms of the Letter Agreement, among other things, the Borrower agreed to pay HH-BDH $1,000,000 in cash no later than five business days following September 30, 2026. Effective October 7, 2026, HH-BDH and the Loan Parties amended the Letter Agreement (the “Letter Agreement Amendment”) to extend the deadline for the $1,000,000 cash payment to March 31, 2027.
The foregoing description of the Letter Agreement Amendment is a summary only, does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Letter Agreement Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 9.01. | Financial Statements and Exhibits. |
Exhibit No. |
Description of Exhibit | |
| 10.1 | Letter Agreement Amendment, effective October 7, 2026, by and among HH-BDH LLC, Beneficient Financing, L.L.C. and Beneficient Company Holdings, L.P. | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL). |
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/ Gregory W. Ezell | |
| Name: | Gregory W. Ezell | |
| Title: | Chief Financial Officer | |
| Dated: | October 14, 2026 | |
Exhibit 10.1
AMENDMENT TO LETTER AGREEMENT
This Amendment to Letter Agreement (this “Amendment”) is entered into as of October 7, 2026, by and among Beneficient Financing, L.L.C. (“Borrower”), Beneficient (“Ben Nevada”), and HH-BDH LLC (“Lender”), and amends that certain letter agreement dated March 10, 2026, by and among Borrower, Ben Nevada, and Lender (the “Letter Agreement”). Capitalized terms used but not defined herein shall have the meanings given in the Letter Agreement.
1. Extension of Payment Deadline. The deadline for Borrower to pay Lender the $1,000,000 Cash Payment pursuant to Section 1(a)(ii) of the Letter Agreement is hereby extended to March 31, 2027.
2. Effect of Amendment. Except as expressly amended hereby, the Letter Agreement remains unchanged and in full force and effect. Sections 7(b), 7(c), and 7(d) of the Letter Agreement are incorporated herein by reference, mutatis mutandis.
[signature page follows]
IN WITNESS WHEREOF, the parties have duly executed this Amendment as of the date first written above.
| BORROWER: | ||
| Beneficient Financing, L.L.C. | ||
| By: | /s/ David Rost | |
| Name: | David Rost | |
| Title: | Authorized Signatory | |
| BEN NEVADA: | ||
| Beneficient | ||
| By: | /s/ David Rost | |
| Name: | David Rost | |
| Title: | Authorized Signatory | |
| LENDER: | ||
| HH-BDH LLC | ||
| By: | /s/ Mack Hicks | |
| Name: | Mack Hicks | |
| Title: | Authorized Signatory | |