B. Riley Financial Receives Delinquency Notification from Nasdaq: Next Steps

B. Riley Financial's Recent Delinquency Notification from Nasdaq

B. Riley Financial, Inc. (Nasdaq: RILY) has recently made headlines after receiving a delinquency notification from Nasdaq, which the company anticipated. This notification, dated August 20, 2025, indicates that B. Riley Financial is currently out of compliance with Nasdaq Listing Rule 5250(c)(1). This rule mandates that publicly listed companies must file periodic financial reports with the Securities and Exchange Commission (SEC) in a timely manner.

The primary reason behind this notification is the delay in filing the company's Form 10-Q for the quarter ending June 30, 2025. It's important to note that while this notification does highlight compliance issues, it does not have an immediate impact on the trading of the company's securities on the Nasdaq exchange.

In response to the notification, Nasdaq has granted B. Riley Financial an extension, providing the company until September 29, 2025, to submit several required filings. This includes the initial delinquent Form 10-K for the year ending December 31, 2024, and two Form 10-Q reports for the periods ending March 31, 2025, and June 30, 2025.

To regain compliance, B. Riley Financial must update Nasdaq on its action plan by September 4, 2025. This additional delinquency necessitates a clear roadmap to rectify the filing situation, and the company has several months to do so.

Previously, B. Riley Financial disclosed preliminary financial results for the fourth quarter and full year of 2024, as well as business updates spanning the first half of 2025. The company aims to file its 2024 Form 10-K along with its Forms 10-Q for the aforementioned periods within approximately 30 to 45 days after filing the 10-K.

B. Riley Financial is a diversified financial services entity, providing tailored solutions that address the strategic, operational, and capital requirements of various clients and partners. With a vast range of services that includes investment banking, private wealth management, and corporate restructuring, B. Riley Financial stands apart as a resourceful partner in the financial sector.

As a reliable player in the financial services industry, the company leverages its expertise to provide full-service, collaborative solutions at multiple stages of the business lifecycle. Its subsidiaries offer end-to-end financial services, positioning B. Riley Financial as a pivotal support entity for companies navigating complex operational challenges.

In light of the recent notification from Nasdaq, stakeholders and investors are advised to monitor B. Riley Financial's actions closely as the company prepares to address compliance issues and strengthen its operational practices. It's essential to stay updated on the company's forthcoming filings and compliance plans, as these will play a significant role in shaping its future trajectory within the public markets.

In summary, while the notification from Nasdaq underscores some challenges for B. Riley Financial, the company has a structured path to follow to regain compliance. As they work toward fulfilling all necessary requirements, market observers will be keen to see how this situation develops and what it means for the company moving forward.