B. Riley Securities (BRS) to Serve Distinct Needs of Companies Across Middle Market Segments Well Capitalized and Debt Free, BRS to Benefit from Separate Operating and Governance Structures B. Riley Financial to Retain ~89% Ownership Stake in BRS with Remaining Shares Exclusively Held by Employees of BRS in Form of Restricted Stock Awards and Certain Existing Shareholders of Cascadia LOS ANGELES , March 11, 2025 /PRNewswire/ -- B.
B. Riley's Q4 preliminary income showed significant losses from continuing operations but slightly positive adjusted EBITDA, which caused a positive aftermarket stock price reaction. Recent positive developments include regaining Nasdaq compliance, securing a $160M loan from Oaktree, redeeming senior notes, and causing a potential short squeeze on RILY shares. Looking at the trends in baby bonds and preferred shares, the market is bracing for solvency pressures in mid-2026, with the March 2026 RILYK appearing much stronger.
B. Riley Financial, Inc. (NASDAQ:RILY ) Q4 2024 Earnings Conference Call March 3, 2025 4:30 PM ET Company Participants Bryant Riley - Co-Founder, Chairman & Co-CEO Phillip Ahn - CFO and COO Conference Call Participants Amer Tiwana - Imperial Capital Operator Good morning, and welcome to the B. Riley Financial Preliminary Fourth Quarter Earnings Results Conference Call.
Expects to Regain Compliance with Nasdaq Listing Rule 5250(c)(1) Following Filing of 10-Q for Quarter Ended September 30, 2024 LOS ANGELES , Feb. 24, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.
LOS ANGELES , Feb. 21, 2025 /PRNewswire/ -- B. Riley Securities, Inc. ("B.
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stocks had a strong week with a 1% return, while Treasury yields remained stable and credit spreads tightened near multi-year lows. B. Riley suspended its preferred dividends, causing significant share price drops; dividends are cumulative and will continue to accrue.
Financial Statements Consistent with Preliminary Results Issued on August 12, 2024 Discloses Preliminary Total Cash Balance of $257 Million as of December 31, 2024 LOS ANGELES , Jan. 14, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.
Announces Notification of Additional Delinquency with Nasdaq for Late Filing of Form 10-Q for Period Ended September 30, 2024 Expects to Return to Normal Filing Cadence in 2025 LOS ANGELES , Nov. 26, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.
After the close of Wednesday's regular session, beleaguered investment bank and financial services provider B. Riley Financial, Inc. filed a well-anticipated notification of late filing with the SEC. The company will require more time to assess the impact of the Franchise Group bankruptcy and recent asset monetizations on its financial statements. B. Riley also disclosed selected preliminary Q3 results. The company finished the quarter with $159 million in cash and $2.06 billion in debt.
LOS ANGELES , Nov. 4, 2024 /PRNewswire/ -- B. Riley Securities, Inc. ("B.