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Ben Updates

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Former Reserve Bank Presidents Discuss How the Fed Works to Save the Economy

Ben UpdatesBy BeneficientMarch 9, 2023

TEAM UPDATES
Former Federal Reserve presidents and Beneficient Board of Directors members provide insights into the process the Fed uses to determine interest rates and guide the economy.

Delivery of TEFFI Funds to Kansas Communities Lauded by Ben Founder & CEO Brad Heppner

Ben UpdatesBy BeneficientDecember 28, 2022

PRESS RELEASE

DALLAS, Dec. 28, 2022 (BUSINESS WIRE) – $2.7 million contributed through Beneficient’s operations under TEFFI program has been distributed by Kansas Department of Commerce to fund broad array of quality of life enhancing services in rural communities.

TEFFI Act Generates $15.2 Million for Community Reinvestment in Kansas

Ben UpdatesBy BeneficientNovember 28, 2022

TEFFI
Thanks to the TEFFI Act, which Beneficient championed in Kansas last year, a new grocery store is coming to Hesston, KS paid for by funds generated from TEFFI operations.

Brad Heppner, CEO of Beneficient on the TEFFI Act and Community Reinvestment

Ben Updates, VideosBy BeneficientOctober 21, 2022

TEFFI
The TEFFI Act is a first-of-its-kind regulatory framework enabling companies to provide liquidity for alternative assets. Brad Heppner explains how it works and the economic benefits local Kansas communities can expect from Beneficient’s operations and wider industry adoption.

Beneficient, a Leading Technology-Enabled Provider of Liquidity and Related Services to Investors in Alternative Assets, to Go Public via Combination with Avalon Acquisition Inc.

Ben UpdatesBy BeneficientOctober 3, 2022

PRESS RELEASE
DALLAS and SAN FRANCISCO, Oct. 03, 2022 — Beneficient and Avalon Acquisition Inc. today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon.

The Beneficient Company and Avalon Acquisition Inc. Announce the Satisfaction of a Closing Condition Relating to Their Business Combination Agreement

Ben UpdatesBy BeneficientOctober 3, 2022

PRESS RELEASE
DALLAS and SAN FRANCISCO, Oct. 03, 2022 — The Beneficient Company Group, L.P. and Avalon Acquisition Inc. today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon.

Kansas Department of Commerce Announces New Grant Opportunity to Support Economic Development in Smaller Communities

Ben UpdatesBy BeneficientAugust 29, 2022

TOPEKA – August 24, 2022 – Lieutenant Governor and Commerce Secretary David Toland announced a new grant opportunity today that will help support economic development and revitalization efforts in smaller communities across Kansas through investments in quality-of-life initiatives.

Beneficient Announces Weaver & Tidwell, L.L.P. as Independent Auditor

Ben UpdatesBy BeneficientMay 13, 2022

Beneficient CEO, Brad Heppner, announced Weaver & Tidwell, L.L.P., as its new independent auditor to audit Ben’s financial statements.

Thomas O. Hicks Named Texas Business Hall of Fame 2022 Inductee

Ben UpdatesBy BeneficientMay 13, 2022

Beneficient’s Senior Partner Director Thomas O. Hicks, was named as one of the 2022 inductees who will join the Texas Business Hall of Fame this fall.

Beneficient CEO Brad Heppner Named Finalist in 2022 Ernst & Young Entrepreneur Of The Year® Award

Ben UpdatesBy BeneficientMay 4, 2022

PRESS RELEASE
DALLAS – May 4, 2022 – Brad Heppner, the CEO of Dallas-based alternative asset liquidity provider The Beneficient Company Group, was named an Entrepreneur Of The Year® 2022 Central Plains Award finalist.

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For informational and educational purposes only.

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