B. Riley Financial Files 8-K on Financials
Ticker: RILYT · Form: 8-K · Filed: Aug 12, 2024 · CIK: 1464790
| Field | Detail |
|---|---|
| Company | B. Riley Financial, Inc. (RILYT) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, results-of-operations, debt-instruments
Related Tickers: RILY
TL;DR
B. Riley Financial dropped an 8-K detailing their financial condition and results. Check the notes due dates.
AI Summary
B. Riley Financial, Inc. filed an 8-K on August 12, 2024, to report results of operations and financial condition, along with financial statements and exhibits. The filing details various financial instruments including common stock, preferred stock, and several series of senior notes due in 2025, 2026, and 2028.
Why It Matters
This filing provides investors with crucial updates on B. Riley Financial's operational performance and financial health, including details on their capital structure and debt obligations.
Risk Assessment
Risk Level: medium — The filing concerns financial condition and results, which can directly impact stock valuation and investor confidence.
Key Players & Entities
- B. Riley Financial, Inc. (company) — Filer
- 20240812 (date) — Filing Date
- 6.875% Series Cumulative Perpetual Preferred (dollar_amount) — Preferred Stock Series
- 6.375% Senior Notes Due 2025 (dollar_amount) — Debt Instrument
- 5.00% Senior Notes Due 2026 (dollar_amount) — Debt Instrument
- 5.50% Senior Notes Due 2026 (dollar_amount) — Debt Instrument
- 6.50% Senior Notes Due 2026 (dollar_amount) — Debt Instrument
- 5.25% Senior Notes Due 2028 (dollar_amount) — Debt Instrument
- 6.00% Senior Notes Due 2028 (dollar_amount) — Debt Instrument
FAQ
What specific financial results are being reported in this 8-K?
The 8-K states it is for 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but does not detail the specific results within the provided text.
When was this 8-K filing submitted?
The filing was submitted on August 12, 2024.
What types of financial instruments are mentioned in the filing?
The filing mentions common stock, depositary shares representing interests in preferred stock, and several series of senior notes with varying interest rates and maturity dates (2025, 2026, 2028).
What is the par value per share for B. Riley Financial's common stock?
The par value per share for B. Riley Financial's common stock is $0.0001.
What was B. Riley Financial's former company name?
B. Riley Financial's former company name was Great American Group, Inc.
Filing Stats: 633 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-08-12 07:15:18
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share RILY Nasdaq Global Market
Filing Documents
- ea0210917-8k_briley.htm (8-K) — 42KB
- ea021091701ex99-1_briley.htm (EX-99.1) — 44KB
- ex99-1_001.jpg (GRAPHIC) — 11KB
- ex99-1_002.jpg (GRAPHIC) — 8KB
- 0001213900-24-067363.txt ( ) — 374KB
- rily-20240812.xsd (EX-101.SCH) — 5KB
- rily-20240812_def.xml (EX-101.DEF) — 29KB
- rily-20240812_lab.xml (EX-101.LAB) — 40KB
- rily-20240812_pre.xml (EX-101.PRE) — 27KB
- ea0210917-8k_briley_htm.xml (XML) — 13KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 12, 2024, B. Riley Financial, Inc. (the "Company") issued a press release regarding certain preliminary estimated financial information for the quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. The information set forth in this Current Report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information in this Current Report, including Exhibit 99.1 attached hereto, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing to this Current Report.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated August 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. B. Riley Financial, Inc. By: /s/ Phillip J. Ahn Name: Phillip J. Ahn Title: CFO & COO Date: August 12, 2024 2