LOS ANGELES, March 22, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) (the "Company") announced it received an expected delinquency notification letter from Nasdaq on March 18, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2023 ("Annual Report"). The Nasdaq Listing Rule requires listed companies to timely file all required periodic fina ...

B. Riley Financial (NASDAQ:RILY) stock is falling on Monday after the company delayed its Form 10-K for 2023.A Form 12b-25 filing with the Securities and Exchange Commission (SEC) reveals that the company couldn’t have the filing ready by the Feb. 29 cutoff date. It contributes the delay one main factor.The first is an ongoing review by the B. Riley Financial Board of Directors’ Audit Committee. The group is also working with outside counsel on this review.This review concerns transactions between B. Riley ...

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential derivative claims on behalf of shareholders of B. Riley, Inc. ("B. Riley") (NASDAQ:RILY) against members of B. Riley's senior management and its Board of Directors concerning B. Riley's relationship with Brian Kahn, Chief Executive Officer of Franchise Group, Inc. ("FRG"). A derivative action seeks to recover damages on behalf of a corporation, and is different than the pending securities fraud class action seeking to re ...

Trung Pham/iStock via Getty Images I've been buying B. Riley Financial 2028 5.25% Senior Notes due 08/31/2028 (NASDAQ:RILYZ). The bonds pay a $1.3125 annual coupon and are trading at $13.67 per note, $11.33 below a $25 per note liquidation price. This means a 9.6% yield on cost for what's an absurdly undervalued 55 cents on the dollar. RILYZ's yield has never been higher, with the current conundrum driven by an abnormal short interest in bonds that has ramped up volatility and made B. Riley Financial (NASDA ...

B. Riley's Flagship Conference Will Gather 200 Public and Privately Held Companies Across Variety of Industry Sectors on May 22-23, 2024LOS ANGELES, March 7, 2024 /PRNewswire/ -- B. Riley Securities ("B. Riley"), a leading middle market brokerage and investment bank, and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), today announced the initial list of sponsors for its Annual Institutional Investor Conference which will take place on May 22-23 in Beverly Hills, California.In its 24th year, B. Riley' ...

B. Riley Financial, Inc. (NASDAQ:RILY) Q4 2023 Earnings Conference Call February 29, 2024 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-Chief Executive Officer Phillip Ahn - Chief Financial Officer & Chief Operating Officer Tom Kelleher - Co-Founder and Co- Chief Executive Officer Conference Call Participants Steve Emerson - Emerson Investment Group Sean Haydon - Charles Lane Capital Operator Good afternoon and welcome to the B. Riley Financial's Fourth Quarter and Full Year 2023 ...

LOS ANGELES, Feb. 29, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today released preliminary unaudited financial results for the three and twelve-month periods ending December 31, 2023. These financial results are subject to completion of the ongoing audit of the Company's annual financial statements. Financial Highlights – Preliminary Unaudited Fourth quarter ended December 31, 2023: Total revenues were $347 million ...

Exhibit 99.1 B. Riley Financial Reports Preliminary Unaudited Fourth Quarter and Full Year 2023 Results; Declares Quarterly Dividend of $0.50 per share LOS ANGELES, February 29, 2024 – B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today released preliminary unaudited financial results for the three and twelve-month periods ending December 31, 2023. These financial results are subject to completion of the ongoing audit of the Company's annua ...

LOS ANGELES, Feb. 26, 2024 /PRNewswire/ -- B. Riley Securities, a leading middle market brokerage and investment bank, and subsidiary of B. Riley Financial (Nasdaq: RILY) ("B. Riley"), today announced that it will host a Radiopharma Investor Conference on March 1, 2024 in New York.This one day conference will feature small and mid-cap public and private biotech, medtech, medical services, contract development and manufacturing, and industrial companies focused on bringing life-saving radiotherapeutics and i ...

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of shareholders of B. Riley, Inc. ("B. Riley") (NASDAQ:RILY) against B. Riley's Board of Directors and members of its senior management concerning B. Riley's relationship with Brian Kahn, Chief Executive Officer of Franchise Group, Inc. ("FRG"). In May 2023, B. Riley entered into an agreement to assist Brian Kahn in leading a management buyout of FRG. The deal was completed in August 2023. On November 2, ...