B. Riley Financial Receives Nasdaq Notification; Plans to Meet New Deadlines
B. Riley Financial, Inc. (NASDAQ: RILY), a diversified holding company, recently acknowledged receipt of a delinquency notification from Nasdaq. This notification was expected, following the company's previous communications regarding compliance with Listing Rule 5250(c)(1). This particular rule mandates that firms listed on Nasdaq must file all required financial reports with the Securities and Exchange Commission (SEC) on time.
On November 21, 2025, B. Riley noted that the notification was related to the overdue filing of its Form 10-Q for the third quarter ending September 30, 2025. The company had previously been alerted about non-compliance due to late filings of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and earlier quarterly reports for the 2025 fiscal year. In response to these notices, B. Riley underwent a hearing with a Nasdaq Hearings Panel on November 4, 2025, to discuss their path forward.
As part of their action plan, B. Riley was granted an extension by the Nasdaq panel to meet its filing obligations. Specifically, the deadlines for the second quarter 10-Q have been set for December 23, 2025, while the deadline for the third quarter 10-Q is January 20, 2026. Additionally, B. Riley successfully filed its 10-Q for the first quarter on November 18, 2025, continuing its efforts to regain compliance.
Despite this notification, the current status does not impact the company's Nasdaq listing. B. Riley is committed to resolving these issues, ensuring they fulfill all requirements moving forward. The company recognizes the importance of adhering to SEC regulations and maintaining investor confidence, and is taking necessary steps to avoid any future pitfalls.
About B. Riley Financial: B. Riley Financial, changing its name to BRC Group Holdings, Inc. on January 1, 2026, is a diverse conglomerate encompassing financial services, telecommunications, and retail. The firm provides a broad spectrum of solutions, ranging from banking and wealth management to telecom services. The goal is to enhance shareholder value through proactive investment strategies and operational excellence.
As a reminder, forward-looking statements made by B. Riley underscore the volatility and uncertainty present in market conditions and business operations. Stakeholders are encouraged to review these statements with an understanding of the risks and potential deviations from anticipated outcomes. B. Riley's commitment to transparency and ethical operation remains steadfast as they navigate ongoing compliance and operational strategies.
On November 21, 2025, B. Riley noted that the notification was related to the overdue filing of its Form 10-Q for the third quarter ending September 30, 2025. The company had previously been alerted about non-compliance due to late filings of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and earlier quarterly reports for the 2025 fiscal year. In response to these notices, B. Riley underwent a hearing with a Nasdaq Hearings Panel on November 4, 2025, to discuss their path forward.
As part of their action plan, B. Riley was granted an extension by the Nasdaq panel to meet its filing obligations. Specifically, the deadlines for the second quarter 10-Q have been set for December 23, 2025, while the deadline for the third quarter 10-Q is January 20, 2026. Additionally, B. Riley successfully filed its 10-Q for the first quarter on November 18, 2025, continuing its efforts to regain compliance.
Despite this notification, the current status does not impact the company's Nasdaq listing. B. Riley is committed to resolving these issues, ensuring they fulfill all requirements moving forward. The company recognizes the importance of adhering to SEC regulations and maintaining investor confidence, and is taking necessary steps to avoid any future pitfalls.
About B. Riley Financial: B. Riley Financial, changing its name to BRC Group Holdings, Inc. on January 1, 2026, is a diverse conglomerate encompassing financial services, telecommunications, and retail. The firm provides a broad spectrum of solutions, ranging from banking and wealth management to telecom services. The goal is to enhance shareholder value through proactive investment strategies and operational excellence.
As a reminder, forward-looking statements made by B. Riley underscore the volatility and uncertainty present in market conditions and business operations. Stakeholders are encouraged to review these statements with an understanding of the risks and potential deviations from anticipated outcomes. B. Riley's commitment to transparency and ethical operation remains steadfast as they navigate ongoing compliance and operational strategies.
Topics Financial Services & Investing）
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