• Nasdaq notified Beneficient on November 5, 2026, that its market value of listed securities fell below the $35 million continued-listing minimum.
• The deficiency lasted 30 consecutive business days from September 24 through November 4, 2026; alternative financial listing standards were also unmet.
• The 180-calendar-day compliance period ends May 4, 2027; regaining compliance requires closing market value of at least $35 million for 10 consecutive business days.
• Nasdaq may extend that requirement, generally to no more than 20 consecutive business days; Class A common stock and warrants continue trading.
• Failure to regain compliance by the deadline would trigger a delisting notice, subject to appeal before a Nasdaq Hearings Panel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beneficient, a Nevada corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-051417), on November 12, 2026, and is solely responsible for the information contained therein.