Ben UpdatesBeneficient-BENF-Nasdaq-Listed
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DALLAS, June 08, 2023 – Beneficient, a technology-enabled platform poised to revolutionize the alternative asset market, successfully began trading on Nasdaq today under the ticker BENF. This significant milestone comes after the completion of its business combination with Avalon Acquisition Inc. and closing financing on over $1.1 billion in exit opportunities related to alternative assets, to date. With a focus on democratizing the market, Beneficient aims to provide a broad range of investors with secure, rapid, and cost-effective access to exit solutions, data analytics, and custodial management.

Unlocking Exit Solutions for a Broad Range of Alternative Asset Investors

Beneficient – Ben, for short – is determined to drive innovation in the alternative asset market, which currently boasts an annual estimated demand for liquidity exceeding $100 billion. Traditionally, this sector has catered to large institutional investors, leaving mid-to-high net worth individuals and small-to-midsize institutions underserved. By providing a comprehensive suite of services, including exit solutions, trust, and custodial services, Ben aims to cater to the needs of this growing group of investors.


Visionary Leadership and Breakthrough Technology

With an experienced leadership team and an esteemed Board of Directors, Ben is poised for success. Led by CEO and Chairman Brad Heppner, the company has set its sights on capturing the vast growth opportunities within the alternatives market. Beneficient’s breakthrough technology, including AltAccess® and AltQuote™, holds the potential to transform the way investors interact with alternative assets. Ben’s regulated, tech-enabled solutions aim to provide certainty over the price, cost, and timing associated with exiting investments.


Beneficient’s listing on Nasdaq marks a significant step forward in revolutionizing the alternative asset market. Read the full press release to learn more.


About Beneficient (Ben)

Beneficient (Nasdaq: BENF) is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals and small-to-midsized institutions − with early exit solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the Ben AltAccess® portal explore opportunities and receive proposals in a secure online environment.


Its subsidiary, Beneficient Fiduciary Financial, L.L.C., is chartered under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.




For Investors:
Beneficient Investor Relations

Avalon Acquisition Inc.

For Media:
Longacre Square Partners
Dan Zacchei / Greg Marose