Core Insights - B. Riley Financial's shares surged nearly 19% after the announcement of securing new debt financing [1] - The company has faced significant challenges, including a 78% drop in shares in 2024 and an SEC investigation regarding asset risk disclosures [2] - Recent developments indicate a recovery, with the company regaining compliance with Nasdaq and announcing preliminary fourth-quarter results [3][4] Financial Developments - B. Riley secured $160 million in new debt financing from Oaktree Capital Management, primarily used to pay down $118 million of outstanding debt [4] - The financing also included up to $35 million for a loan related to a joint venture for liquidating a fabric and crafts retailer [4] Market Reaction - Investors have responded positively, with shares rallying close to 50% this year, reflecting optimism about the company's future [5] - The volatility and unknowns in the current situation make it challenging for retail investors to assess the investment landscape [5]

Retires Nomura Senior Secured Credit Facility Makes Strategic Investment and Loan in Joint Venture Overseeing JOANN's Liquidation LOS ANGELES, Feb. 27, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that it has entered into a new $160 million senior secured debt facility ("Term Loan Facility") provided by funds managed by Oaktree Capital Management, L.P. ("Oaktree"). B. Riley used approximately $118 milli ...

LOS ANGELES, Feb. 26, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) in connection with the filing of its Third Quarter 10-Q. The Company received notice from The Nasdaq Stock Market on February 24, 2025 indicating that it has regained compliance with the Listing Rule, which requires listed companies to timely file all required pe ...

Core Points - B. Riley Financial, Inc. plans to release preliminary financial results for the fourth quarter ended December 31, 2024, after market close on March 3, 2025 [1] - The company will host a conference call for analysts and investors on the same day at 4:30 p.m. ET, which will include a question-and-answer session [2] - B. Riley has filed its Quarterly Report on Form 10-Q for the three-month period ended September 30, 2024, and expects to regain compliance with Nasdaq Listing Rule 5250(c)(1) [3] - Bryant Riley, Chairman and Co-CEO, indicated that the upcoming conference call will provide a comprehensive update on the business and capital allocation priorities for renewed growth and value creation [4] Company Overview - B. Riley Financial is a diversified financial services company that offers tailored solutions to meet the strategic, operational, and capital needs of clients [4] - The company provides a wide range of financial services, including investment banking, institutional brokerage, private wealth management, financial consulting, corporate restructuring, and more [4] - B. Riley also engages in opportunistic investments to benefit shareholders and has affiliates that originate and underwrite senior secured loans for asset-rich companies [4]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37503 B. RILEY FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 27-0223 ...

LOS ANGELES, Feb. 21, 2025 /PRNewswire/ -- B. Riley Securities, Inc. ("B. Riley"), a preeminent middle market investment bank, will be hosting its Precision Oncology & Radiopharma Investor Conference on Friday, February 28th in New York.This one-day conference will feature more than 30 institutionally relevant companies developing and commercializing next-gen targeted oncology and radiopharmaceutical therapeutics and diagnostics. In addition to investor discussions, B. Riley Equity Research Analysts will be ...

LOS ANGELES, Feb. 14, 2025 /PRNewswire/ -- B. Riley Securities, Inc. ("B. Riley"), a preeminent middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), today announced its 25th Annual Investor Conference will take place on Wednesday, May 21st and Thursday, May 22nd, 2025 at the Ritz-Carlton, Marina Del Rey in Marina Del Rey, California. B. Riley's premier West Coast event gathers approximately 200 public companies representing a wide variety of industries to showcase their s ...

Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broader market. We alsoCheck out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations. Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets.Read ...

Provides Update on Preferred Stock Dividends LOS ANGELES, Jan. 21, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced the redemption on February 28, 2025 (the "Redemption Date") of all the issued and outstanding 6.375% Senior Notes due February 28, 2025 (NASDAQ: RILYM) (the "Notes"). The redemption price for the Notes will be equal to 100% of the aggregate principal amount of the Notes, plus any accrued and un ...

Financial Statements Consistent with Preliminary Results Issued on August 12, 2024 Discloses Preliminary Total Cash Balance of $257 Million as of December 31, 2024 LOS ANGELES, Jan. 14, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced the filing of its Quarterly Report on Form 10-Q for the three-month period ended June 30, 2024. The financial statements are consistent with the preliminary financial results r ...