Form 8-K

8-K — Beneficient

Accession: 0001493152-26-047018

Filed: 2026-10-14

Period: 2026-10-07

CIK: 0001775734

SIC: 6199 (FINANCE SERVICES)

Item: Entry into a Material Definitive Agreement

Item: Financial Statements and Exhibits

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

DC 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d)

the Securities Exchange Act of 1934

Date

of report (Date of earliest event reported): October 7, 2026

Beneficient

(Exact

Name of Registrant as Specified in Charter)

Nevada

001-41715

72-1573705

(State

or Other Jurisdiction

Incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

325 North St. Paul Street, Suite 4850

Dallas, Texas 75201

(Address of Principal Executive Offices, and Zip Code)

(214)

445-4700

Registrant’s

Telephone Number, Including Area Code

N/A

(Former

Name or Former Address, if Changed Since Last Report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written

communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Shares of Class A common

stock, par value $0.001 per share

BENF

Nasdaq Stock Market LLC

Warrants, each whole

warrant exercisable for one share of Class A common stock, par value $0.001 per share, and one share of Series A convertible preferred

stock, par value $0.001 per share

BENFW

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01.

Entry

into a Material Definitive Agreement.

previously disclosed, on March 10, 2026, Beneficient Financing, L.L.C. (the “Borrower”), a wholly owned subsidiary of Beneficient,

a Nevada corporation (the “Company”), and Beneficient Company Holdings, L.P., as guarantor (the “Guarantor” and

together with the Borrower, the “Loan Parties”), entered into a letter agreement (the “Letter Agreement”) with

HH-BDH, LLC (“HH-BDH”), which provided for the payment of the remaining interest and fees outstanding under that certain

Credit and Guaranty Agreement, dated October 19, 2023, by and among the Loan Parties and HH-BDH, as lender and administrative agent.

HH-BDH’s sole member is Hicks Holdings Operating, LLC, a Delaware limited liability company, whose managing member, Mack Hicks,

is a member of the Company’s board of directors. Pursuant to the terms of the Letter Agreement, among other things, the Borrower

agreed to pay HH-BDH $1,000,000 in cash no later than five business days following September 30, 2026. Effective October 7, 2026, HH-BDH

and the Loan Parties amended the Letter Agreement (the “Letter Agreement Amendment”) to extend the deadline for the $1,000,000

cash payment to March 31, 2027.

The

foregoing description of the Letter Agreement Amendment is a summary only, does not purport to be complete and is subject to, and qualified

in its entirety by reference to, the full text of the Letter Agreement Amendment, a copy of which is filed as Exhibit 10.1 to this Current

Report on Form 8-K and is incorporated by reference herein.

Item

9.01.

Financial

Statements and Exhibits.

Exhibit

No.

Description

of Exhibit

10.1

Letter Agreement Amendment, effective October 7, 2026, by and among HH-BDH LLC, Beneficient Financing, L.L.C. and Beneficient Company Holdings, L.P.

104

Cover

Page Interactive Data File (formatted as Inline XBRL).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its

behalf by the undersigned hereunto duly authorized.

BENEFICIENT

By:

/s/

Gregory W. Ezell

Name:

Gregory

W. Ezell

Title:

Chief

Financial Officer

Dated:

October

14, 2026

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit 10.1

AMENDMENT

TO LETTER AGREEMENT

This

Amendment to Letter Agreement (this “Amendment”) is entered into as of October 7, 2026, by and among Beneficient

Financing, L.L.C. (“Borrower”), Beneficient (“Ben Nevada”), and HH-BDH LLC (“Lender”),

and amends that certain letter agreement dated March 10, 2026, by and among Borrower, Ben Nevada, and Lender (the “Letter

Agreement”). Capitalized terms used but not defined herein shall have the meanings given in the Letter Agreement.

Extension of Payment Deadline. The deadline for Borrower to pay Lender the $1,000,000 Cash Payment pursuant to Section 1(a)(ii)

of the Letter Agreement is hereby extended to March 31, 2027.

Effect of Amendment. Except as expressly amended hereby, the Letter Agreement remains unchanged and in full force and effect.

Sections 7(b), 7(c), and 7(d) of the Letter Agreement are incorporated herein by reference, mutatis mutandis.

[signature

page follows]

WITNESS WHEREOF, the parties have duly executed this Amendment as of the date first written above.

BORROWER:

Beneficient Financing, L.L.C.

By:

/s/

David Rost

Name:

David

Rost

Title:

Authorized

Signatory

BEN NEVADA:

Beneficient

By:

/s/

David Rost

Name:

David

Rost

Title:

Authorized

Signatory

LENDER:

HH-BDH LLC

By:

/s/

Mack Hicks

Name:

Mack

Hicks

Title:

Authorized

Signatory

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