Key facts: Beneficient Chairman Thomas O. Hicks passes; 1-for-8 stock split executed
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Beneficient announced the passing of Chairman Thomas O. Hicks on December 10, 2025. Hicks, 79, joined the Board in 2017 and became Chairman in July 2025.1Beneficient executed a 1-for-8 reverse stock split to meet Nasdaq's minimum bid price requirement.2
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