B. Riley Financial Faces Listing Rule Concerns

TL;DR

B. Riley Financial might be in trouble with listing rules, filing an 8-K about it.

AI Summary

B. Riley Financial, Inc. filed an 8-K on August 22, 2025, to report a notice of delisting or failure to satisfy a continued listing rule or standard, and also filed financial statements and exhibits. The filing pertains to events occurring on August 20, 2025. Specific details regarding the delisting or listing standard failure are not provided in this excerpt.

Why It Matters

This filing indicates potential issues with B. Riley Financial's continued listing on an exchange, which could impact investor confidence and stock liquidity.

Risk Assessment

Risk Level: medium — A notice of delisting or failure to meet listing standards suggests potential financial or operational issues that could affect the company's stock.

Key Players & Entities

• B. Riley Financial, Inc. (company) — Filer of the 8-K
• Great American Group, Inc. (company) — Former company name
• 20250820 (date) — Date of event
• 20250822 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share RILY Nasdaq Global Market

Filing Documents

• ea0254297-8k_briley.htm (8-K) — 45KB
• ea025429701ex99-1_briley.htm (EX-99.1) — 10KB
• ex99-1_001.jpg (GRAPHIC) — 4KB
• 0001213900-25-079991.txt ( ) — 306KB
• rily-20250820.xsd (EX-101.SCH) — 5KB
• rily-20250820_def.xml (EX-101.DEF) — 29KB
• rily-20250820_lab.xml (EX-101.LAB) — 40KB
• rily-20250820_pre.xml (EX-101.PRE) — 27KB
• ea0254297-8k_briley_htm.xml (XML) — 13KB

01 Notice of Delisting or Failure to Satisfy a Continued

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 20, 2025, B. Riley Financial, Inc. ("the Company") received a notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), which indicated that, as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2025, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the "SEC"). Nasdaq has granted the Company an exception until September 29, 2025 to file its delinquent Form 10-K for the year ended December 31, 2024 (the "Initial Delinquent Filing"), its delinquent Form 10-Q for the period ended March 31, 2025 and its delinquent Form 10-Q for the period ended June 30, 2025. As a result of this additional delinquency, the Notice states that the Company must submit an update, by September 4, 2025, to its original plan to regain compliance with respect to the filing requirement. The Company expects to file its 2024 Form 10-K shortly, and its Form 10-Q for the period ended March 31, 2025 and its Form 10-Q for the period ended June 30, 2025, 30 to 45 days after the 10-K. On August 22, 2025, the Company issued a press release in accordance with Nasdaq Listing Rule 5810(b) announcing that the Company had received the Notice. A copy of the press release is attached hereto as Exhibit 99.1. 1

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 99.1 Press Release dated August 22, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

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/ Bryant Riley Name: Bryant Riley Title: Chairman & Co-CEO Date: August 22, 2025 3

View Full Filing

View this 8-K filing on SEC EDGAR