Beneficient issues $7.44 million in convertible preferred stock in Quartus AI Fund II financing

• Beneficient, a Nevada corporation, closed a $7.44 million financing tied to a primary capital commitment in Quartus AI Fund II LP.
• The fund received about $7.44 million in stated value of the company’s Resettable Convertible Preferred Stock, convertible at the holder’s election into Class A common stock.
• The commitment can scale to $26.25 million if the fund reaches $150 million of total capital commitments.
• Beneficient expects the deal to add about $7.44 million of tangible book value attributable to stockholders.

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: 0001493152-26-033069), on July 13, 2026, and is solely responsible for the information contained therein.