Key F2Q26 takeaways include: 1) from a strategic standpoint, marketing/new originations initiatives likely focus more on HNW individuals versus larger institutional investors, with ongoing efforts to broaden the franchise into adjacent markets and increasingly leveraging in-house technology 2) key financial priorities include optimizing revenue generation to the benefit of public company shareholders and further streamlining the operating model and balance sheet 3) in light of sluggish monetizations, realizations, and distributions across Customer ExAlt Trusts, management more recently instituted an Asset Sales Initiative generating $46.4 million of gross proceeds thus far in F2026 and 4) BENF's interim CEO and Chairman recently converted 101.3 million preferred units ($52.6 million) into Class A common stock, thereby meaningfully enhancing shareholder alignment and bringing the company back in compliance with Nasdaq listing requirements.
