Welcome to our dedicated page for BRC Group Holdings news (Ticker: RILY), a resource for investors and traders seeking the latest updates and insights on BRC Group Holdings stock.
BRC Group Holdings, Inc. (Nasdaq: RILY), formerly B. Riley Financial, Inc., regularly issues news and updates that reflect its role as a diversified holding company with financial services, telecom, retail, and investment activities. Its press releases cover developments across segments such as Capital Markets, Wealth Management, Communications, and Consumer Products, as well as group-level corporate actions.
News about BRC often highlights quarterly and annual financial results, including net income, revenues, segment performance, and non-GAAP measures such as Adjusted EBITDA, Operating Adjusted EBITDA, Investment Adjusted EBITDA, Operating Revenues, Investment Gains (Losses), Total Investments, and Net Debt. These updates may include commentary from management on segment trends, debt reduction, bond exchanges, and balance sheet initiatives.
Investors following RILY news can also expect announcements related to capital markets and investment banking activity at B. Riley Securities, such as equity and debt capital raises, carve-out transactions, and business updates on its investment banking, institutional brokerage, and research operations. Additional releases discuss wealth management developments at B. Riley Wealth, as well as performance of the Communications and Consumer Products segments.
Another recurring theme in BRC’s news flow is regulatory and listing matters, including communications about SEC filing timelines, Nasdaq notifications, and steps taken to regain or maintain timely reporting compliance. Corporate governance items, such as the appointment of auditors, proxy statements for the annual meeting, and executive compensation arrangements, also appear in company filings and related announcements.
For readers tracking RILY, this news page aggregates these company-issued updates, providing a single place to review recent earnings releases, segment highlights, capital structure developments, and key regulatory disclosures as reported by BRC Group Holdings, Inc.
B. Riley Financial (NASDAQ: RILY) announced it filed its Quarterly Report on Form 10-Q for the three-month period ended March 31, 2025. The company said the filing supports timely financial reporting and compliance with Nasdaq listing requirements. Management highlighted a mid-year auditor transition to BDO and said financial and accounting operations completed the change using external staff augmentation. The company expects to maintain heightened staffing through completion of the 2025 Form 10-K.
B. Riley Financial (Nasdaq: RILY) will change its corporate name to BRC Group Holdings, Inc., effective January 1, 2026. The company said BRC Group Holdings will remain a diversified portfolio across financial services, telecom, retail and investments in equity, debt and venture capital.
The Nasdaq ticker will remain RILY, preferred share and tradeable senior note tickers are unchanged, and a new corporate website www.brcgh.com will launch on January 1, 2026.
B. Riley Financial (Nasdaq: RILY) received a Nasdaq Staff Determination Letter on October 1, 2025 for non-compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to file Form 10-Qs for the periods ended March 31, 2025 and June 30, 2025. The company filed its 2024 Form 10-K on September 19, 2025 and submitted an Updated Plan of Compliance on September 4 and September 19, 2025. The determination does not immediately suspend trading; the company will request a hearing and seek continued listing while the Hearings Panel reviews extended-stay requests.
B. Riley Financial (NASDAQ: RILY) has appointed BDO USA as its independent registered public accounting firm for the 2025 audit. The company will continue working with Marcum LLP to complete its 2024 annual audit and Form 10-K filing. The transition aims to restore timely financial reporting.
The company's financial team has made progress on Q1 and Q2 2025 Form 10-Qs while the 2024 audit continues. BDO, one of the world's top five accounting firms, brings extensive financial services sector experience and operational scale, with over 12,000 professionals across 75 U.S. offices.
B. Riley Financial (Nasdaq: RILY) received a delinquency notification from Nasdaq on August 20, 2025, for failing to comply with Listing Rule 5250(c)(1) due to delayed filing of its Q2 2025 Form 10-Q. The company has until September 29, 2025 to file multiple delinquent reports, including its 2024 Form 10-K and Q1-Q2 2025 Form 10-Qs.
While the notification has no immediate impact on RILY's Nasdaq listing, the company must submit an updated compliance plan by September 4, 2025. B. Riley expects to file its 2024 Form 10-K shortly, followed by the Q1 and Q2 2025 Form 10-Qs within 30-45 days after the 10-K filing.
B. Riley Financial (NASDAQ:RILY) released preliminary Q4, full year 2024 results, and H1 2025 estimates. For H1 2025, the company expects net income of $125-145 million ($4.08-4.74 per share). The company has significantly reduced its debt, with total debt decreasing by $600 million from September 2024 to June 2025.
For full year 2024, RILY reported a substantial net loss of $772.3 million ($25.46 per share), primarily due to $510 million in write-downs related to Freedom VCM Holdings and Vintage Capital Management investments, plus $105.4 million in goodwill impairment. The company secured a $160 million facility with Oaktree Capital Management, which was later reduced to $62.5 million, and realized $187 million from business sales.
B. Riley Securities (NASDAQ:RILY) released its first full-quarter results following its March 2025 carve-out from B. Riley Financial. The company reported Q2 2025 total revenue of $60.9 million, with GAAP net income of $12.5 million.
The investment bank highlighted significant growth in Institutional Brokerage commissions and Investment Banking revenue, having helped clients raise over $8 billion for AI-driven investments. The company maintains a strong financial position with $94.5 million in cash and securities and no outstanding debt. The Board approved a one-time dividend of $0.22 per share, totaling approximately $4.1 million.
BRS strengthened its organization through seven senior strategic hires, expanding coverage across key sectors including Real Estate, Healthcare, Digital Assets, Consumer, TMT, FinTech, Renewables, and Industrials.
B. Riley Financial (NASDAQ: RILY) announced it will host a conference call on August 13, 2025, at 4:30 PM ET to discuss its fiscal year 2024 financial results and provide a preliminary update for the first half of 2025. The company's leadership team, including Chairman and Co-CEO Bryant Riley, Co-CEO Tom Kelleher, and CFO Scott Yessner, will deliver a comprehensive financial and business update followed by a Q&A session.
The call will be accessible through the company's investor relations website, with a replay available until September 12, 2025.
B. Riley Financial (NASDAQ: RILY) has executed a private bond exchange agreement that will reduce its total debt by $18 million. The agreement involves exchanging $43 million in outstanding Senior Notes for $25 million in newly issued 8.00% Senior Secured Second Lien Notes due January 2028.
As part of the transaction, the company is issuing warrants to purchase approximately 98,000 common shares at an exercise price of $10.00 per share, exercisable for seven years. This marks B. Riley's fifth bond exchange in four months, collectively reducing total outstanding debt by $126 million. After the exchange, the Notes balance stands at $229 million with $21 million of remaining capacity.
B. Riley Financial (NASDAQ: RILY) has amended its senior secured credit agreement with Oaktree Capital Management, enhancing operational flexibility. The amendment includes key improvements: a new $100 million investment basket for balance sheet transactions, an increased parent company investment basket from $20 million to $30 million, and authorization to use up to $25 million to reduce other debt, including potential repurchase of unsecured notes.
The original Term Loan Facility, established in February 2025, was used to retire Nomura Senior Secured Credit Agreement debt and fund working capital. The outstanding balance stands at $62.5 million, with no provision for incremental borrowings.