Beneficient (BENFW) Warrant
Each BENFW warrant gives the holder the right to buy 1/640 share of Beneficient at $7,360 per share, until June 7, 2028. The stock last closed at $1.43, below the strike, so the warrant is out of the money. Beneficient has a market value of about $22.10M. There are 295.00K listed warrants; exercising all of them would add 0.0% to the 15.46M shares outstanding. The company can call the warrants if the stock trades at or above $6,400.
BENF vs strike, last 12 months
No share-price history for BENF yet.
Key terms
- Strike per share
- $7,360
- Shares per warrant
- 1/640
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-06-07
- Redemption trigger
- $6,400
- Cashless exercise
- allowed
- Break-even stock price
- $7,366
From the issuer's S-1/A (2024-11-08).
Company and stock
- Company
- Beneficient
- Underlying stock
- BENF
- Share price
- $1.43
- Market cap
- $22.10M
- Shares outstanding
- 15.46M
- Value of all listed warrants
- $2.83K (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0096
- Price / model
Get Pro to see whether BENFW is cheap or rich against our model.
Dilution
- Shares outstanding
- 15.46M
- Listed warrants
- 295.00K
- Dilution if all exercised
- 0.0%
Warrant count from XBRL (single class reported).
Filings and events
Questions about BENFW
When does the BENFW warrant expire?
BENFW expires on June 7, 2028.
What is the strike price of BENFW?
$7,360 per share; each warrant converts into 1/640 share, so exercising one warrant costs $11.50.
Can Beneficient redeem the BENFW warrants early?
Yes. The company can call them if the share price reaches $6,400 for the required period (usually 20 of 30 trading days).
How many BENFW warrants are outstanding?
295.00K listed warrants, equal to 0.0% dilution if all are exercised.