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B. Riley joins Biomerica (BMRA) as key investor and deal advisor

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Biomerica Inc (BMRA) has a new significant shareholder group led by BRC Group Holdings, Inc., B. Riley Principal Capital, LLC (BRPC) and Bryant R. Riley, which collectively report beneficial ownership of approximately 10.03% of Biomerica’s common stock. BRPC acquired 460,080 Purchased Shares for an aggregate price of $736,128 using its working capital and now beneficially owns, together with its affiliates, 480,060 shares based on 4,588,968 shares outstanding as of August 20, 2026. The investment is for general investment purposes, but the group states it may buy or sell additional shares, engage with management and the board, propose operational, governance or capital structure changes, or potentially pursue a controlling interest. BRPC is entitled to appoint a representative to Biomerica’s board. In addition, Biomerica granted BRPC registration rights for the Purchased Shares and engaged B. Riley Securities, Inc., an affiliate of the investors, as exclusive financial advisor for potential strategic transactions under a 24‑month engagement.

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Purchased Shares 460,080 shares of Common Stock Aggregate purchase by B. Riley Principal Capital, LLC
Aggregate Purchase Price $736,128 Total paid for 460,080 Purchased Shares of Biomerica common stock
Beneficially Owned Shares 480,060 shares of Common Stock Shares beneficially owned by the reporting group
Ownership Percentage 10.03% Portion of Biomerica common stock beneficially owned by the reporting persons
Shares Outstanding 4,588,968 shares of Common Stock Biomerica shares outstanding as of August 20, 2026, as provided by the issuer
Engagement Letter Term 24 months Initial term of B. Riley Securities’ exclusive financial advisory engagement
Schedule 13D regulatory
"This is being filed by the following persons (each, a "Reporting Person")"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially own financial
"BRC may be deemed to indirectly beneficially own 480,060 shares of Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
registration rights agreement regulatory
"BRPC entered into a registration rights agreement with the Issuer whereby the Issuer has agreed"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
securities purchase agreement financial
"The description of the securities purchase agreement is qualified in its entirety by reference"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
Engagement Letter financial
"the Issuer entered into an engagement letter (the "Engagement Letter") with B. Riley Securities"

FAQ

What stake did the BRC/B. Riley group disclose in Biomerica Inc (BMRA)?

The reporting group led by BRC Group Holdings, B. Riley Principal Capital (BRPC) and Bryant R. Riley reported beneficial ownership of approximately 10.03% of Biomerica’s common stock, based on 4,588,968 shares outstanding as of August 20, 2026.

How many Biomerica (BMRA) shares did BRPC purchase and at what price?

B. Riley Principal Capital, LLC acquired 460,080 Biomerica common shares for an aggregate purchase price of $736,128, which implies a per‑share price of $1.60. The filing describes these as the Purchased Shares, funded from BRPC’s working capital.

What board rights did the new Biomerica (BMRA) investor obtain?

In connection with acquiring the Purchased Shares, BRPC is entitled to appoint a representative to Biomerica’s Board of Directors, giving the investor group a formal governance presence in addition to its roughly 10.03% ownership stake.

What advisory role will B. Riley Securities have with Biomerica (BMRA)?

Simultaneous with the share purchase, Biomerica signed an Engagement Letter with B. Riley Securities, Inc., an affiliate of the investors. B. Riley Securities will serve as Biomerica’s exclusive financial advisor on certain potential strategic transactions for an initial term of 24 months.

What flexibility does the BRC/B. Riley group indicate for its Biomerica (BMRA) investment?

The group states the shares were acquired for investment purposes in the ordinary course of business and that it may purchase more shares, sell shares, engage with management and the board, propose changes, or potentially pursue a transaction leading to a controlling interest in Biomerica.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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09061H307

(CUSIP Number)
Bryant R. Riley
BRC Group Holdings, Inc.,, 11100 Santa Monica Boulevard, Suite 800
Los Angeles, CA, 90025
(818) 884-3737

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/25/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 4,588,968 shares of common stock, par value $0.08 (the "Common Stock"), of Biomerica, Inc. (the "Issuer") outstanding as of August 20, 2026, as provided by the Issuer.


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 4,588,968 shares of common stock, par value $0.08 (the "Common Stock"), of the Issuer, outstanding as of August 20, 2026, as provided by the Issuer.


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 4,588,968 shares of common stock, par value $0.08 (the "Common Stock"), of the Issuer, outstanding as of August 20, 2026, as provided by the Issuer.


SCHEDULE 13D


BRC Group Holdings, Inc.
Signature:/s/ Bryant Riley
Name/Title:Bryant Riley/Co-Chief Executive Officer
Date:08/28/2026
B. Riley Principal Capital, LLC
Signature:/s/ Frank Pigott
Name/Title:Frank Pigott/Authorized Signatory
Date:08/28/2026
Bryant R. Riley
Signature:/s/ Bryant Riley
Name/Title:Bryant Riley
Date:08/28/2026