BRC Group Holdings, Inc. Restores Compliance with Nasdaq Periodic Filing Rule

Rhea-AI Summary

BRC Group Holdings (NASDAQ: RILY) regained compliance with Nasdaq's Periodic Filing Rule 5250(c)(1) on January 27, 2026. Nasdaq has imposed a Mandatory Panel Monitor for one year, meaning a future missed filing during that year could trigger a Delist Determination Letter without an opportunity to submit a compliance plan.

The company may request a hearing and stay if a delist determination is issued.

Positive

• Regained compliance with Nasdaq Rule 5250(c)(1) on January 27, 2026
• Listing preserved for now, avoiding immediate delisting

Negative

• Mandatory Panel Monitor imposed for one year under Nasdaq Listing Rule 5815(d)(4)(B)
• No opportunity to submit a compliance plan if filings lapse during the one-year monitor period
• Failure to timely file would trigger a Delist Determination Letter

News Market Reaction

+0.64%

3 alerts

+0.64% News Effect

+$2M Valuation Impact

$300M Market Cap

0.2x Rel. Volume

On the day this news was published, RILY gained 0.64%, reflecting a mild positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $300M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Nasdaq letter date: January 27, 2026 Monitoring period: one year

2 metrics

Nasdaq letter date January 27, 2026 Date Nasdaq confirmed restored Rule 5250(c)(1) compliance

Monitoring period one year Duration of Mandatory Panel Monitor under Nasdaq Rule 5815(d)(4)(B)

Market Reality Check

Price: $9.20 Vol: Volume 754,818 is below t...

low vol

$9.20 Last Close

Volume Volume 754,818 is below the 20-day average of 2,373,882 (relative volume 0.32x). low

Technical Price $9.35 is trading above the 200-day MA $4.86, reflecting a sustained recovery from prior lows.

Peers on Argus

RILY gained 1.19% while peers were mixed: TREE -4.5%, FRHC -2.01%, VOYA +0.29%, ...

RILY gained 1.19% while peers were mixed: TREE -4.5%, FRHC -2.01%, VOYA +0.29%, with related RILYL -0.19% and RILYP +0.38%. Movements do not indicate a unified sector move.

Historical Context

5 past events · Latest: Jan 14 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 14	Q3 2025 earnings	Positive	+1.3%	Strong Q3 profitability and restored Nasdaq reporting compliance ahead of deadline.
Dec 15	Q2 2025 earnings	Positive	-6.1%	Q2 net income and revenue growth with gains from asset sales and note exchanges.
Nov 28	Nasdaq delinquency	Negative	-1.1%	Nasdaq notification for late 10-Q filings and conditional listing deadlines.
Nov 18	Q1 2025 results	Negative	+0.4%	Weak Q1 2025 results with revenue decline and operating loss despite gains on sales.
Nov 11	Name change news	Neutral	+7.8%	Corporate name change to BRC Group Holdings with diversified portfolio strategy reiterated.

Pattern Detected

Recent news tied to Nasdaq listing status and filings often produced modest reactions, with both alignments and divergences between news tone and price moves.

Recent Company History

Over the last several months, RILY has focused on financial recovery, divestitures, and Nasdaq compliance. On Nov 11, 2025, it announced a corporate name change to BRC Group Holdings with a 7.75% gain. Subsequent filings and earnings releases on Nov 18, Dec 15, and Jan 14 showed improving results and progress on delayed 10-Qs, with mixed price reactions. The Nov 28 Nasdaq delinquency notice highlighted listing risk; today’s notice confirms that the company has now fully restored timely filing compliance.

Market Pulse Summary

This announcement confirms that BRC has regained full compliance with Nasdaq’s Periodic Filing Rule ...

Analysis

This announcement confirms that BRC has regained full compliance with Nasdaq’s Periodic Filing Rule 5250(c)(1), removing a prior listing overhang tied to delayed 10-Qs. The one-year Mandatory Panel Monitor under Listing Rule 5815(d)(4)(B) means any future late filings could trigger a Delist Determination Letter. Investors may track ongoing SEC filings, earnings quality, and balance-sheet developments alongside this restored compliance status.

Key Terms

nasdaq's periodic filing rule 5250(c)(1), mandatory panel monitor, delist determination letter

3 terms

nasdaq's periodic filing rule 5250(c)(1) regulatory

"confirming that it has regained compliance with Nasdaq's Periodic Filing Rule 5250(c)(1)"

NASDAQ Rule 5250(c)(1) is the exchange requirement that publicly listed companies regularly file their scheduled financial reports and required disclosures with regulators and the market. For investors, timely filings are a basic signal that a company is transparent and compliant; missed or late filings can trigger enforcement actions, loss of market confidence, or removal from the exchange, much like failing to keep critical paperwork current can jeopardize a driver's license or business license.

mandatory panel monitor regulatory

"Nasdaq had imposed a "Mandatory Panel Monitor" as that term is defined"

A mandatory panel monitor is an independent group tasked with regularly reviewing safety and key results during a clinical trial or regulated program to protect participants and ensure the study is conducted properly. For investors, this matters because the panel can recommend changes, pauses, or early stopping of a trial — actions that can speed up, delay, or quietly derail a program and therefore materially affect a company’s timeline and value, much like a referee whose calls change the outcome of a game.

delist determination letter regulatory

"The Company would instead receive a Delist Determination Letter in response"

A delist determination letter is a formal notice from a stock exchange telling a company it no longer meets listing rules and is facing removal from the exchange. For investors, it signals that the stock may lose its regular trading venue, which can sharply reduce liquidity and visibility—like being forced out of a busy shopping mall into a small flea market—raising the risk of price drops and harder-to-sell shares.

AI-generated analysis. Not financial advice.

LOS ANGELES, Jan. 28, 2026 /PRNewswire/ -- BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) (NASDAQ: RILY) ("BRC" or the "Company"), a diversified holding company, today announced that on January 27, 2026 the Company received a letter from The Nasdaq Stock Market LLC ("Nasdaq") confirming that it has regained compliance with Nasdaq's Periodic Filing Rule 5250(c)(1).

Consistent with the applicable Nasdaq Listing Rules in such circumstances, the notice also indicated that Nasdaq had imposed a "Mandatory Panel Monitor" as that term is defined in Nasdaq Listing Rule 5815(d)(4)(B) for a period of one year. In the event the Company fails to timely satisfy the Periodic Filing Rule during such one-year period, the Company will not be afforded the opportunity to provide a compliance plan for the Nasdaq Listing Qualifications Staff's review. The Company  would instead receive a Delist Determination Letter in response to which the Company could request a hearing and stay of the delist determination pending a hearing before a Hearings Panel.

About BRC Group Holdings, Inc.
BRC Group Holdings, Inc. (Nasdaq: RILY) is a diversified holding company, including financial services, telecom, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our telecom businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail businesses provide mobile computing accessories and home furnishings. BRC deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brcgh.com.

Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today's date. The Company assumes no duty to update forward-looking statements, except as required by law. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's performance or achievements to be materially different from any expected future results, performance, or achievements. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company's periodic filings with the SEC, including, without limitation, the risks described in the Company's 2024 Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the period ended March 31, 2025, its Quarterly Report on Form 10-Q for the period ended June 30, 2025 and its Quarterly Report on Form 10-Q for the period ended September 30, 2025 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements.

Contacts

Investors
Mike Frank
mfrank@brcgh.com

Media
Elizabeth Fogerty
efogerty@brcgh.com

View original content:https://www.prnewswire.com/news-releases/brc-group-holdings-inc-restores-compliance-with-nasdaq-periodic-filing-rule-302672669.html

SOURCE BRC Group Holdings, Inc.

FAQ

When did BRC Group Holdings (RILY) regain Nasdaq compliance?

BRC Group Holdings regained compliance on January 27, 2026. According to the company, Nasdaq confirmed the company satisfied Rule 5250(c)(1) and removed the prior noncompliance status effective that date.

What is the Mandatory Panel Monitor imposed on RILY and how long does it last?

The Mandatory Panel Monitor is a Nasdaq oversight condition imposed for one year. According to the company, it means Nasdaq will monitor filings closely and may proceed to delist if the company misses required periodic filings during that year.

What happens if RILY misses a periodic filing during the one-year monitor period?

If RILY misses a filing during the monitor year, Nasdaq will issue a Delist Determination Letter without allowing a compliance-plan submission. According to the company, RILY could then request a hearing and a stay of the delist determination.

Does the Nasdaq action affect RILY's current trading status on Nasdaq?

No immediate trading suspension was announced; RILY remains listed after regaining compliance. According to the company, the action preserves the listing but adds monitoring that could lead to delisting if filings lapse.

Can RILY contest a delist determination from Nasdaq?

Yes, the company can request a hearing and a stay after receiving a Delist Determination Letter. According to the company, this provides an administrative process before any final delisting decision is implemented.