Welcome to our dedicated page for BRC Group Holdings SEC filings (Ticker: RILY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The BRC Group Holdings, Inc. (RILY) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. BRC, formerly B. Riley Financial, Inc., is a diversified holding company with financial services, telecom, retail, and investment activities, and its filings provide detailed insight into these operations, its capital structure, and governance.
Investors can use this page to access annual reports on Form 10-K and quarterly reports on Form 10-Q, which the company has described in press releases and Form 8-Ks as key documents for understanding its segment results in Capital Markets, Wealth Management, Communications, and Consumer Products, as well as non-GAAP measures such as Adjusted EBITDA, Operating Adjusted EBITDA, Investment Adjusted EBITDA, Operating Revenues, Investment Gains (Losses), Total Investments, and Net Debt. These filings also address matters such as debt levels, bond exchanges, senior secured credit agreements, and other balance sheet items.
The page also surfaces current reports on Form 8-K, where BRC reports material events. Recent 8-Ks have covered topics such as Nasdaq notifications regarding delayed filings, the Nasdaq Hearings Panel’s decision to grant an exception for continued listing subject to specific filing deadlines, amendments to a credit agreement with Oaktree-managed funds, executive employment and compensation arrangements, and the company’s decision to change its name to BRC Group Holdings, Inc. while retaining the RILY ticker.
In addition, users can review the company’s definitive proxy statement on Schedule 14A, which discusses matters submitted to shareholders at the annual meeting, including the election of directors, ratification of the independent registered public accounting firm, and advisory votes on executive compensation. The proxy statement also provides information on corporate governance, board structure, and compensation policies.
Stock Titan enhances these filings with AI-powered summaries that explain the key points of lengthy documents, helping readers quickly identify items such as changes in listing status, capital structure updates, non-GAAP metric definitions, and governance decisions. Real-time updates from EDGAR, along with access to Forms 10-K, 10-Q, 8-K, and proxy materials, give RILY investors a structured view of BRC Group Holdings, Inc.’s regulatory history and ongoing disclosure practices.
B. Riley Financial amended its credit agreement to modify the “springing” maturity trigger on its Initial Term Loans. The loans still mature on the earlier of February 26, 2028 or a date 91 days before the maturity of other Company or Borrower debt outstanding above $10,000,000 (excluding the 6.375% Senior Notes due February 28, 2025 and the 5.50% Senior Notes due March 31, 2026). The amendment now provides that this springing maturity will not occur before March 31, 2027, extending the earliest possible maturity of the Initial Term Loans from July 1, 2026.
The company also announced that director Michael Sheldon will not seek re‑election at the next annual meeting. He reported no disagreements with the company on operations, policies, or practices.
B. Riley Financial, Inc. received a Nasdaq Staff Determination Letter on October 1, 2025 for not complying with the exchange’s timely filing rule because it has not yet filed its Quarterly Reports on Form 10-Q for the periods ended March 31 and June 30, 2025. The company recently filed its 2024 Form 10-K on September 19, 2025 and states it is working to complete the delayed quarterly reports to restore full compliance.
The letter does not immediately suspend trading or delist the company’s securities. B. Riley plans to request a hearing before a Nasdaq Hearings Panel, which would automatically stay any suspension for at least 15 days from the hearing request and may be extended by the panel. The outcome of the hearing and any additional time granted is uncertain, and the company expects to make further announcements once a ruling on any extended stay is made.
B. Riley Financial, Inc. reported substantial portfolio and structural activity across 2024-2025, including multiple divestitures, impairments, and new financing arrangements. The company reported an aggregate market value of common stock held by non-affiliates of approximately $337.1 million and 30,597,066 shares outstanding as of September 16, 2025. Material asset sales generated liquidity: bebe brand assets sold for approximately $46.6 million (net cash), Great American NewCo. transaction produced approximately $167.1 million distributable to the company, Atlantic Coast Recycling cash proceeds were $68.6 million, GlassRatner and Farber were sold for aggregate cash consideration of $117.8 million, and Wealth Management assets sold to Stifel for $26.0 million.
The company recorded large non-cash impairments including a $287.0 million markdown related to its Freedom VCM investment, additional impairments aggregating $118.0 million, and a Nogin goodwill impairment of $57,664. Debt actions include a new credit facility with Oaktree ($125.0 million initial term loan and $35.0 million delayed draw) with related warrants to purchase ~1,832,290 shares at $5.14, and issuance of 8.00% Senior Secured Second Lien Notes due 2028 through private exchanges, with related warrants to purchase ~914,000 shares. Nogin’s assets were transferred under a deed of assignment on March 31, 2025 and are no longer controlled by the company.