B. Riley Financial Regains Compliance with Nasdaq Listing Rule 5250 (c)(1)

Rhea-AI Summary

B. Riley Financial (NASDAQ: RILY) has successfully regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its Third Quarter 10-Q. The company received confirmation from The Nasdaq Stock Market on February 24, 2025, verifying its return to compliance status. This listing rule specifically mandates that listed companies must file all required periodic reports with the Securities and Exchange Commission in a timely manner.

Positive

• Regained Nasdaq listing compliance, eliminating delisting risk

Negative

• Previous non-compliance with SEC filing requirements

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 periodic reports with the Securities and Exchange Commission.

About B. Riley Financial
B. Riley Financial is a diversified financial services company that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. B. Riley leverages cross-platform expertise to provide clients with full service, collaborative solutions at every stage of the business life cycle. Through its subsidiaries and affiliated entities, B. Riley provides end-to-end financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. B. Riley opportunistically invests to benefit its shareholders, and certain affiliates originate and underwrite senior secured loans for asset-rich companies. B. Riley refers to B. Riley Financial, Inc. and/or one or more of its subsidiaries or affiliated companies. For more information, please visit www.brileyfin.com.

Contacts

Investors
ir@brileyfin.com

Media
press@brileyfin.com 

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SOURCE B. Riley Financial

FAQ

What does B. Riley Financial's Nasdaq compliance status mean for RILY stock?

Regaining compliance means RILY stock will continue trading on Nasdaq, avoiding potential delisting risks associated with non-compliance of periodic filing requirements.

When did RILY regain Nasdaq compliance in 2025?

B. Riley Financial regained Nasdaq compliance on February 24, 2025, after filing its Third Quarter 10-Q.

What Nasdaq rule did B. Riley Financial (RILY) comply with?

RILY complied with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the SEC.

Which regulatory filing helped RILY regain Nasdaq compliance?

The filing of B. Riley Financial's Third Quarter 10-Q helped the company regain Nasdaq compliance.