B Riley Financial Inc (OQ:RILY)

Business Focus: Investment Banking & Brokerage Services

May 18, 2023 09:30 am ET
B. Riley Announces Sponsors of 2023 Annual Institutional Investor Conference
LOS ANGELES, May 18, 2023 /PRNewswire/ -- B. Riley Securities, subsidiary of B. Riley Financial (Nasdaq: RILY) ("B. Riley"), today announced participating companies and sponsors for its 2023 Institutional Investor Conference which takes place May 24th and 25th in Beverly Hills, CA.
May 17, 2023 07:30 am ET
B. Riley Acquires Interest in Scotch & Soda; Expands Brand Investments Portfolio
Participates in Bluestar Alliance's Acquisition of Scotch & Soda Brand
May 11, 2023 02:57 pm ET
B. Riley Announces 2023 Commissions for Charity Day on May 18 to Benefit Toigo Foundation and Sugar Ray Leonard Foundation
LOS ANGELES, May 11, 2023 /PRNewswire/ -- B. Riley Securities, together with B. Riley Financial (Nasdaq: RILY) (collectively, "B. Riley"), is pleased to announce that its annual Commissions for Charity Day will take place on Thursday May 18, 2023.
May 09, 2023 07:30 am ET
B. Riley Acquires Assets of ABTV, Leading Restructuring Advisory FirmFormerly Known as Anderson Bauman Tourtellot Vos
Senior restructuring advisors Ed Sanz and Mike Kain join B. Riley Advisory Services Establishes new B. Riley office in Charlotte, NC
May 04, 2023 04:01 pm ET
B. Riley Financial Reports First Quarter 2023 Results; Declares $1.00 Dividend
LOS ANGELES, May 4, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today released results for the three-month period ending March 31, 2023.
May 02, 2023 10:27 am ET
B. Riley Expands Consumer Industry Leadership with Three Strategic Hires
Robert C. Arnold joins as Senior Managing Director, Investment Banking Anna Glaessgen and Jeff Lick join as Senior Equity Research Analysts
Apr 29, 2023 07:57 am ET
Store Closing Sales Begin Across All Bed Bath & Beyond and buybuy BABY Locations Nationwide
Hilco Merchant Resources, Gordon Brothers, Tiger Group, and B. Riley are managing the store closing process
Apr 28, 2023 07:30 am ET
Apr 26, 2023 12:22 pm ET
B. Riley Ranked Top Litigation Consulting and Forensic Accounting Firm By The National Law Journal's Best of 2023 Survey
Voted #1 in Litigation Consulting, Forensic Accounting, Litigation Dispute Categories Named #2 Expert Witness Provider
Apr 10, 2023 07:31 am ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, April 10, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Mar 28, 2023 02:59 pm ET
B. Riley Leads Financing to Support Harrow Health Acquisition
LOS ANGELES, March 28, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services platform, today announced that certain of its affiliates led the financing to support Harrow Health, Inc.'s ("Harrow") (Nasdaq: HROW) recent acquisition of the exclusive commercial rights to five FDA approved ophthalmic products. B. Riley provided $59.75 million in debt financing to Harrow in January 2023 upon consummation of the acquisition, and as part of a fully backstopped $125 million commitment. The B. Riley loan was repaid in full on March 27, 2023 in conn
Mar 16, 2023 06:25 am ET
B. Riley Financial Files 2022 Annual Report on Form 10-K
LOS ANGELES, March 16, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2022.
Feb 21, 2023 05:30 am ET
Feb 06, 2023 06:35 am ET
B. Riley Securities Announces 23rd Annual Institutional Investor Conference
Wednesday, May 24th and Thursday, May 25th, 2023 at The Beverly Hilton in Beverly Hills, CA
Jan 09, 2023 05:35 am ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, Jan. 9, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Dec 27, 2022 05:30 am ET
B. Riley Financial Provides Fourth Quarter and FY 2022 Earnings Guidance
Estimates Operating Adjusted EBITDA range of $90-100 million for Q4 2022; and $355-$365 million for FY2022
Dec 14, 2022 12:57 pm ET
B. RILEY FINANCIAL ISSUES OPEN LETTER TO CORE SCIENTIFIC INVESTORS
Proposes Debt Restructuring to Core Scientific Board in Order to Avoid Bankruptcy
Nov 03, 2022 04:01 pm ET
B. Riley Financial Reports Third Quarter 2022 Results; Declares $1.00 Dividend
Total Revenues of $340.4 millionNet Income of $45.8 million, Diluted EPS of $1.53Adjusted EBITDA of $141.4 million
Oct 31, 2022 07:30 am ET
B. Riley Securities Expands Healthcare & Life Sciences Investment Banking
LOS ANGELES, Oct. 31, 2022 /PRNewswire/ -- B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it has added a team of nine experienced Healthcare and Life Sciences professionals from Huron Transaction Advisory LLC ("Huron"). Veteran investment bankers, James Metcalf and Benjamin Matz, have joined B. Riley Securities along with a team of investment banking professionals with significant expertise that further fortifies the firm's Healthcare and Life Sciences practice. Metcalf joins as Senior
Oct 27, 2022 07:05 am ET
Oct 19, 2022 08:30 am ET
B. Riley Acquires Targus®, Leader in Technology Solutions and Protective Cases
LOS ANGELES and ANAHEIM, Calif., Oct. 19, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") and Targus Cayman HoldCo Limited ("Targus") today announced that B. Riley Principal Investments, LLC has acquired Targus, a multinational company that designs, manufactures, and sells consumer and enterprise productivity products. The Targus® product line includes laptop and tablet cases, backpacks, universal docking stations, and computer accessories.
Oct 18, 2022 08:15 am ET
B. Riley Purchases Additional Portfolio of Performing Receivables from Leading Home-Furnishing Retailer, W.S. Badcock Corporation
Expands portfolio of performing receivables purchased in connection with FRG's acquisition of Badcock
Oct 10, 2022 07:35 am ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, Oct. 10, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Oct 04, 2022 08:30 am ET
B. Riley's GA Europe Partners with CM Sports to Revitalize RENO, a Leading German Shoe Retailer
LOS ANGELES, Oct. 4, 2022 /PRNewswire/ -- GA Europe, a B. Riley Financial (NASDAQ: RILY) company, today announced it is working with CM Sports GmbH ("CM Sports") to revitalize RENO, a leading German shoe chain. GA Europe will work together with CM Sports to strategically realign RENO's store footprint and restock stores with fresh inventory to position the shoe chain for future success.
Sep 19, 2022 09:08 am ET
B. Riley Expands Wealth Management Division with Addition of Jay Murphy
Experienced Private Wealth Investment Manager Joins B. Riley Wealth Boston Branch
Sep 07, 2022 04:05 pm ET
B. Riley to Host Second Annual Crypto Conference on September 29, 2022 in New York
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it will host its second annual Crypto Conference on Thursday, September 29, 2022 in New York.
Aug 23, 2022 09:01 am ET
B. Riley Subsidiary, Lingo Management, Announces Closing of BullsEye Telecom Acquisition
 LOS ANGELES, Aug. 23, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today announced that Lingo Management, LLC ("Lingo"), a B. Riley Principal Investments portfolio company, has completed the acquisition of BullsEye Telecom Inc. ("BullsEye"). BullsEye follows B. Riley's recent acquisition of Lingo in which the Company increased its ownership interest to 80% on May 31, 2022.
Jul 28, 2022 04:01 pm ET
B. Riley Financial Reports Second Quarter 2022 Results; Declares $1.00 Dividend
Q2 GAAP Revenues of $42.7 million; Operating Revenues of $266.6 million
Jul 25, 2022 10:00 am ET
Kitchen United, the Ghost Kitchen and Restaurant Hub Technology Pioneer, Announces $100M Series C Fundraise
Blue Chip Investors & Strategics, Founders, and CEO Bet on World-Class Proprietary Technology and Capital Efficient Growth to Drive Further Consolidation of the Ghost Kitchen Industry
Jul 21, 2022 08:30 am ET
B. Riley Financial to Release Second Quarter 2022 Results on July 28, 2022
Investor call scheduled on Thursday July 28, 2022 at 4:30 p.m. ET
Jul 20, 2022 08:30 am ET
Jul 15, 2022 12:00 pm ET
Jun 30, 2022 08:30 am ET
Jun 23, 2022 08:30 am ET
B. Riley Earns Top Honors for Litigation Valuation and Forensic Accounting in "Best of 2022" Survey by Daily Report (Law.com)
Voted #1 Top Litigation Valuation Firm, #2 for Forensic Accounting and Expert Witness Services
Jun 22, 2022 08:30 am ET
B. Riley Principal 150 Merger Corp. and FaZe Clan Announce Effectiveness of Form S-4 Registration Statement
LOS ANGELES and NEW YORK, June 22, 2022 /PRNewswire/ -- B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM) ("BRPM"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), and FaZe Clan Inc. ("FaZe Clan"), today announced that the registration statement on Form S-4 (the "Registration Statement") with respect to the proposed business combination between BRPM and FaZe Clan (the "Business Combination") was declared effective by the Securities and Exchange Commission (the "SEC").
Jun 22, 2022 07:30 am ET
B. Riley Recognized By The M&A Advisor Annual Turnaround Awards
Winner of three categories including Restructuring Deal of the Year
May 26, 2022 09:23 am ET
B. Riley Principal 150 Merger Corp. Announces Record Date for Stockholders Entitled to Vote on Merger in Connection with its Proposed Business Combination with FaZe Clan
NEW YORK, May 26, 2022 /PRNewswire/ -- B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM), a publicly traded special purpose acquisition company ("BRPM") today announced that its board of directors has set the close of business on May 26, 2022 as the record date (the "Record Date") for BRPM's special meeting of its stockholders to be held to, among other things, vote on the proposed business combination (the "Business Combination") among BRPM, FaZe Clan Inc. ("FaZe Clan"), a gaming lifestyle and esports company, and BRPM Merger Sub, Inc. Stockholders of record as of the close of business on
May 19, 2022 09:03 am ET
FAZE CLAN APPOINTS ZACH KATZ TO NEW ROLE OF PRESIDENT & CHIEF OPERATING OFFICER
LOS ANGELES, May 19, 2022 /PRNewswire/ -- Today, FaZe Clan Inc., the lifestyle and media platform rooted in gaming and youth culture, announced the appointment of Zach Katz as President and Chief Operating Officer, effective immediately. Katz, who has over 20 years of experience in the music content and talent business, will oversee FaZe Clan's content, talent, merchandise, consumer goods, sponsorships and esports businesses. Katz will report to FaZe Clan CEO Lee Trink.
May 16, 2022 09:01 am ET
B. Riley to Hold Commissions for Charity Day on Wednesday, May 25, 2022 to Support Toigo Foundation and Sugar Ray Leonard Foundation
100% of B. Riley Securities' Trading Commissions on May 25th Will Be Donated to Two Philanthropies Supporting the Advancement of Diversity in Finance and Improving Children's Health
Apr 28, 2022 04:05 pm ET
B. Riley Financial Reports First Quarter 2022 Results
Continued Diversification of Revenue MixDeclares regular quarterly dividend of $1.00 per common share
Apr 26, 2022 08:05 am ET
B. Riley Securities Expands Fixed Income Division with Two Key Managing Director Hires, Ji Pak and Mary Jo Collins
LOS ANGELES, April 26, 2022 /PRNewswire/ -- B. Riley Securities, a leading full-service investment bank and subsidiary of B. Riley Financial (NASDAQ: RILY) ("B. Riley"), today announced the appointments of Ji Pak and Mary Jo Collins to the fixed income division. Ji Pak will join as Managing Director, Financials, while Mary Jo Collins will join as Managing Director.
Apr 22, 2022 03:00 pm ET
B. Riley Financial to Release First Quarter 2022 Results on April 28, 2022
Investor call scheduled on Thursday, April 28, 2022 at 4:30 p.m. ET
Apr 12, 2022 03:00 pm ET
FAZE CLAN WELCOMES TRAILBLAZING CONTENT CREATOR FAZE DEESTROYING AS NEWEST OFFICIAL MEMBER
MEET THE DYNAMIC ATHLETE AND CONTENT CREATOR DONALD DE LA HAYE WHO QUIT COLLEGE FOOTBALL TO PURSUE YOUTUBE AND NOW HAS A DIEHARD COMMUNITY OF OVER 10 MILLION FANS
Apr 07, 2022 04:05 pm ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, April 7, 2022  /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Apr 06, 2022 09:03 am ET
FAZE CLAN UNVEILS NEW ORIGINAL PROGRAMMING BRINGING NEW FORMATS TO TWITCH
REVOLUTIONARY TWITCH VARIETY SERIES UNFAZED STARRING RECURRING ENSEMBLE CAST AND SPECIAL GUEST HOSTS GOES LIVE EVERY THURSDAY STARTING JUNE 2ND
Mar 07, 2022 11:59 am ET
SNOOP DOGG TO JOIN FAZE CLAN'S BOARD OF DIRECTORS AND BECOMES NEWEST TALENT MEMBER
LOS ANGELES, March 7, 2022 /PRNewswire/ -- FaZe Clan, Inc. ("FaZe Clan") the digitally native lifestyle and media platform rooted in gaming and youth culture, announced today that the entertainment icon, avid gamer, and owner of Death Row Records, Snoop Dogg will become a member of FaZe Clan's talent network and, upon closing of the previously announced business combination with B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM) ("BRPM"), will join FaZe Clan's board of directors. Snoop Dogg joins FaZe Clan's robust talent collective of gamers, creators, entertainers and esports professionals
Feb 28, 2022 03:10 pm ET
B. Riley's Fixed Income Division Expands Leadership Team and Opens New Office
LOS ANGELES, Feb. 28, 2022 /PRNewswire/ -- B. Riley Securities, a leading full-service investment bank and subsidiary of B. Riley Financial (NASDAQ: RILY) ("B. Riley"), today announced the appointment of Robert ("Bob") Hamill as Senior Managing Director, Fixed Income. Hamill brings an abundance of fixed income expertise to B. Riley where he is working alongside Tim Sullivan, who was previously announced as the Head of Fixed Income and officially started in his new role on February 1, and the leadership team to strategically grow the fixed income group nationwide.
Feb 24, 2022 07:33 am ET
B. Riley Securities to Host 22nd Annual Institutional Investor Conference on May 25-26, 2022 in Beverly Hills
LOS ANGELES, Feb. 24, 2022 /PRNewswire/ -- B. Riley Securities, a leading full-service investment bank and subsidiary of B. Riley Financial (NASDAQ: RILY)("B. Riley"), today announced that its 22nd Annual Institutional Investor Conference will take place May 25th-26th, 2022 at The Beverly Hilton in Beverly Hills, California.
Feb 23, 2022 03:01 pm ET
B. Riley Financial Reports Fourth Quarter and Full Year 2021 Results
LOS ANGELES, Feb. 23, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced results for the three- and twelve-month period ended December 31, 2021.
Feb 18, 2022 03:00 pm ET
B. Riley Financial to Release Fourth Quarter and Full Year 2021 Results on February 23, 2022
LOS ANGELES, Feb. 18, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced it will hold an investor call to discuss results for the fourth quarter and full year 2021 on Wednesday, February 23, 2022 at 4:30 p.m. Eastern (1:30 p.m. Pacific).
Jan 18, 2022 03:20 pm ET
B. Riley Financial Announces Acquisition of FocalPoint Securities, LLC, A Leading Middle Market M&A Advisory Investment Bank
LOS ANGELES, Jan. 18, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified provider of business advisory and financial services, today announced it has agreed to acquire FocalPoint Securities, LLC, a leading independent investment bank based in Los Angeles, for total consideration of up to $175 million. The transaction, which will create revenue synergies for both companies, comes as FocalPoint is experiencing significant momentum with $17 billion in closed transactions spanning a successful 20-year history. The combination is expected to
Jan 11, 2022 07:00 am ET
B. Riley Expands Forensic & Litigation Consulting Division with Four Senior Professionals
LOS ANGELES, Jan. 11, 2022 /PRNewswire/ -- B. Riley Financial (NASDAQ: RILY) ("B. Riley") today announced the expansion of its Forensic Accounting & Litigation Support practice with the addition of Wayne Wilson, Mike De Laval, Paul Brooks and Meredith Alfred to B. Riley Advisory Services. Based in Houston, Texas, these experienced professionals specialize in expert witness testimony related to disputes including international arbitration, as well as forensic and valuation consulting services. Specifically, their skillsets include deep expertise in all aspects of the energy industry, and
Jan 10, 2022 03:15 pm ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, Jan. 10, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Jan 06, 2022 11:53 pm ET
B. Riley Principal 150 Merger Corp. Announces Filing of a Registration Statement on SEC Form S-4 in Connection with its Proposed Business Combination with FaZe Clan
LOS ANGELES, Jan. 7, 2022 /PRNewswire/ -- B. Riley Principal 150 Merger Corp. (NASDAQ: BRPMU, BRPM, BRPMW) ("BRPM"), announced today that it has filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form S-4 (the "Registration Statement"), which includes a preliminary proxy statement of BRPM in connection with the proposed business combination with FaZe Clan Inc. ("FaZe"), a leading digital content platform.
Dec 21, 2021 08:01 am ET
B. Riley Financial Appoints Tammy Brandt to its Board of Directors
LOS ANGELES, Dec. 21, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or "the Company"), a diversified provider of business advisory and financial services, today announced the appointment of Tammy Brandt to its Board of Directors.
Dec 20, 2021 04:01 pm ET
Franchise Group, Inc. to Repay $400 Million of Debt With Proceeds From the Sale of the W.S. Badcock Consumer Credit Accounts Receivable Portfolio
Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced it intends to repay $400 million of debt with the proceeds from the sale of the consumer credit accounts receivable portfolio by its recently acquired...
Dec 20, 2021 03:01 pm ET
B. Riley Financial Purchases Receivables Portfolio in Connection with Franchise Group's Recent Acquisition of W.S. Badcock Corporation
LOS ANGELES, Dec. 20, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or the "Company"), a diversified provider of business advisory and financial services, today announced that its subsidiary has purchased a portfolio of performing credit receivables from W.S. Badcock Corporation ("Badcock"), a leading home furnishings company and subsidiary of Franchise Group, Inc. (NASDAQ: FRG) ("FRG").
Dec 13, 2021 03:01 pm ET
B. Riley Financial Announces Exercise of Underwriters' Option in Connection with its 5.00% Senior Notes Offering due 2026
LOS ANGELES, Dec. 13, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or "the Company"), a diversified provider of business advisory and financial services, today announced it has sold approximately $22.7 million in an additional aggregate principal amount of its 5.00% Senior Notes due 2026 (the "Notes") pursuant to the partial exercise of the underwriters' option in connection with the Company's previously closed public offering of $300 million aggregate principal amount of Notes.
Dec 08, 2021 08:15 am ET
Exela Technologies Announces Equity Investment led by B. Riley and Stock Purchases by Board and Management
Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA), a global business process automation leader across numerous industries, today announced that B Riley Securities, Inc. (“B. Riley Securities”) and certain other investors have...
Dec 03, 2021 03:01 pm ET
B. Riley Financial Closes $300 Million Offering of Senior Notes Due 2026
LOS ANGELES, Dec. 3, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or "the Company"), a diversified provider of business advisory and financial services, today announced it has closed a $300 million underwritten registered public offering of 5.00% Senior Notes due 2026 (the "Notes"). The underwriters have a 30-day option to purchase up to an additional $45 million in aggregate principal amount of Notes.
Dec 01, 2021 06:00 am ET
B. Riley Financial Prices $300 Million Offering of Senior Notes Due 2026
LOS ANGELES, Dec. 1, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or "the Company"), a diversified provider of business advisory and financial services, today announced it has priced an underwritten registered public offering of $300 million aggregate principal amount of 5.00% Senior Notes due 2026 (the "Notes"). The Company has granted the underwriters a 30-day option to purchase up to an additional $45 million aggregate principal amount of Notes in connection with the offering. The offering is expected to close on December 3, 2021, subject to customary
Nov 29, 2021 07:40 am ET
B. Riley Financial Announces Offering of $150 Million Senior Notes Due 2026
LOS ANGELES, Nov. 29, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or "the Company"), a diversified provider of business advisory and financial services, today announced it has commenced an underwritten registered public offering of $150 million aggregate principal amount of Senior Notes due 2026 (the "Notes"), subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional Notes in connection with the offering.
Nov 23, 2021 06:31 am ET
B. Riley to Host Live Crypto Conference on December 8, 2021 in New York
LOS ANGELES, Nov. 23, 2021 /PRNewswire/ -- B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it will host a Crypto Conference in New York, NY on Wednesday, December 8, 2021.
Oct 28, 2021 04:01 pm ET
B. Riley Financial Reports Third Quarter 2021 Results; Declares $4.00 Dividend
LOS ANGELES, Oct. 28, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced results for the three- and nine-month period ended September 30, 2021.
Oct 22, 2021 08:31 am ET
B. Riley Announces Results of Cash Tender Offer for American Depositary Shares of DoubleDown Interactive
LOS ANGELES, Oct. 22, 2021 /PRNewswire/ -- B. Riley Securities, Inc., a subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY) (together, "B. Riley"), today announced the results of its previously announced cash tender offer to purchase up to 2,000,000 American Depositary Shares ("ADS"), each representing 0.05 of a common share, of DoubleDown Interactive Co., Ltd. (Nasdaq: DDI) ("DDI") that are not held by B. Riley or any of its subsidiaries ("DDI ADS"), at a price of $18.00 per ADS, net to the seller in cash, without interest, less any applicable withholding taxes.
Oct 22, 2021 08:05 am ET
B. Riley Financial to Release Third Quarter 2021 Results on October 28, 2021
LOS ANGELES, Oct. 22, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced it will hold an investor call to discuss results for the third quarter on Thursday October 28, 2021 at 4:30 p.m. Eastern (1:30 p.m. Pacific).
Oct 18, 2021 09:11 am ET
B. Riley Expands Corporate Advisory & Valuation Services Practice
LOS ANGELES, Oct. 18, 2021 /PRNewswire/ -- B. Riley Financial (NASDAQ: RILY) ("B. Riley") today announced the expansion of its Corporate Advisory and Valuation Services practice with the addition of Dave Bookbinder and Quinn Shearer to B. Riley Advisory Services. Bookbinder and Shearer bring significant business and intangible asset valuation expertise, serving strategic corporate finance functions in areas including tax planning, financial and tax reporting, transaction advisory and due diligence.
Oct 06, 2021 07:31 am ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Sep 23, 2021 09:15 am ET
B. Riley Strengthens Restructuring Division with Three Senior Hires
LOS ANGELES, Sept. 23, 2021 /PRNewswire/ -- B. Riley Financial (NASDAQ: RILY) ("B. Riley") today announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt and Tim Hannon have joined B. Riley Advisory Services and bring several decades of experience and proven expertise in complex financial management and restructuring advisory.
Sep 23, 2021 07:31 am ET
B. Riley Commences Tender Offer for up to 2,000,000 ADS of DoubleDown Interactive
LOS ANGELES, Sept. 23, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY), through its wholly owned subsidiary, B. Riley Securities, Inc. ("Purchaser" and together, "B. Riley"), today commenced its previously announced cash tender offer for the purchase of up to 2,000,000 American Depositary Shares ("ADS") of DoubleDown Interactive Co., Ltd. (Nasdaq: DDI) ("DDI"), a leading developer and publisher of digital social casino games.
Sep 22, 2021 04:10 pm ET
B. Riley Financial Announces Full Redemption of 6.875% Senior Notes due 2023
LOS ANGELES, Sept. 22, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it will redeem all of the issued and outstanding 6.875% Senior Notes due 2023 (the "Notes") on October 22, 2021 (the "Redemption Date"). The Notes have an aggregate principal amount of $115,726,350.
Sep 19, 2021 03:00 am ET
Toigo Foundation and B. Riley Financial Successful Conclusion of 2021 Summer MBA Investment Competition
OAKLAND. Calif., Sept. 19, 2021 /PRNewswire-PRWeb/ -- The Toigo Foundation and B. Riley Financial, Inc. (Nasdaq: RILY) are pleased to announce the successful culmination of the 2021 Summer MBA Investment Competition. Almost 50 MBAs participated in an immersive four-month summer program uniquely designed to facilitate industry education, mentorship, and the practical application of present-day business strategies led by experienced investment professionals from B. Riley.
Sep 13, 2021 07:00 am ET
B. Riley to Commence Tender Offer to Acquire Additional Shares of DoubleDown Interactive
LOS ANGELES, Sept. 13, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) today announced it intends to commence a cash tender offer, through its wholly owned subsidiary (together, "B. Riley"), to purchase additional shares of DoubleDown Interactive Co., Ltd. (Nasdaq: DDI) ("DDI"), a leading developer and publisher of digital social casino games.
Aug 25, 2021 08:31 am ET
B. Riley Names Kevin Olson SVP, Business Development of Retail Solutions
LOS ANGELES, Aug. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced it has named Kevin Olson as Senior Vice President of Business Development for B. Riley Retail Solutions.
Aug 17, 2021 12:30 pm ET
Jimmy Baker Named President of B. Riley Securities
LOS ANGELES, Aug. 17, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced the promotion of Jimmy Baker to President of B. Riley Securities, Inc. Mr. Baker will continue to serve as the firm's Head of Capital Markets.
Aug 12, 2021 04:01 pm ET
B. Riley Financial Appoints Renée E. LaBran to its Board of Directors
LOS ANGELES, Aug. 12, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services company, today announced that Renée E. LaBran has joined its Board of Directors and will serve on the Audit and Governance Committees. With her appointment, the number of directors on B. Riley's board increases to nine members, including seven independent directors.
Aug 10, 2021 08:05 am ET
B. Riley Expands Fixed Income Division
LOS ANGELES, Aug. 10, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced that Tim Sullivan has agreed to join the firm as Head of Fixed Income with B. Riley Securities, Inc.
Aug 06, 2021 04:01 pm ET
B. Riley Financial Closes Offering of $316.25 Million Senior Notes Due 2028 including Full Exercise of Underwriters' Option
LOS ANGELES, Aug. 6, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has closed an underwritten registered public offering of 5.25% senior notes due 2028 in an aggregate principal amount of approximately $316.25 million, which included approximately $41.25 million of notes issued pursuant to the exercise by the underwriters of their option to purchase additional notes.
Aug 05, 2021 09:10 am ET
B. Riley Financial Announces Full Redemption of 7.375% Senior Notes due 2023
LOS ANGELES, Aug. 5, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it will redeem all of the issued and outstanding 7.375% Senior Notes due 2023 (the "Notes") on September 4, 2021 (the "Redemption Date"). The Notes have an aggregate principal amount of $137,453,925.
Aug 04, 2021 04:01 pm ET
B. Riley Financial Acquires 272 Capital
LOS ANGELES, Aug. 4, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced it has acquired the investment advisory business of 272 Capital L.P.
Aug 04, 2021 07:00 am ET
B. Riley Financial Prices $275 Million Offering of Senior Notes Due 2028
LOS ANGELES, Aug. 4, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has priced an underwritten registered public offering of $275 million aggregate principal amount of 5.25% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase up to an additional $41.25 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on August 6, 2021, subject to customary closing conditions.
Jul 30, 2021 07:50 am ET
B. Riley Financial Announces Offering of $150 Million Senior Notes Due 2028 and "BBB+" Rating from Egan-Jones
LOS ANGELES, July 30, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of $150 million aggregate principal amount of senior notes due 2028, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering.
Jul 29, 2021 04:01 pm ET
B. Riley Financial Reports Second Quarter 2021 Results; Declares $2.00 Dividend
LOS ANGELES, July 29, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced its financial results for the second quarter ended June 30, 2021.
Jul 28, 2021 09:20 am ET
B. Riley Announces Summer Summit on August 18 and 19, 2021 in Santa Monica
LOS ANGELES, July 28, 2021 /PRNewswire/ -- B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it will host a small-cap investor conference at the Proper Hotel in Santa Monica, California on August 18-19, 2021.
Jul 27, 2021 11:30 am ET
B. Riley Announces New Wealth Management Branch in Warrenton, Virginia
LOS ANGELES, July 27, 2021 /PRNewswire/ -- B. Riley Wealth Management, Inc., a full service private wealth and investment services firm and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY)("B. Riley"), today announced it has expanded its ability to serve clients in the Mid-Atlantic region with the opening of a new branch location in Warrenton, Virginia.
Jul 22, 2021 04:05 pm ET
B. Riley Financial to Announce Second Quarter 2021 Results on July 29, 2021
LOS ANGELES, July 22, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced it will hold a conference call on Thursday, July 29, 2021 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss results for the second quarter ended June 30, 2021.
Jul 12, 2021 04:05 pm ET
Martin Bernstein Joins Synchronoss Board of Directors
Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, is pleased to announce that Martin Bernstein has joined its Board of Directors, effective immediately. Bernstein was...
Jul 08, 2021 04:05 pm ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, July 8, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Jun 30, 2021 09:18 am ET
B. Riley Named Top Litigation Valuation and Forensic Accounting Firm in Best of 2021 Ranking by Daily Report (Law.com)
LOS ANGELES, June 30, 2021 /PRNewswire/ -- B. Riley Advisory Services, a leading valuation and financial consulting firm, and a subsidiary of B. Riley Financial (NASDAQ: RILY), today announced it was named a top law services provider in the Daily Report (Law.com) "Best of 2021" ranking. B. Riley earned first-place in multiple categories including Top Forensic Accounting Firm, Top Litigation Valuation Firm, and Best Overall Expert Witness Services.
Jun 29, 2021 04:15 pm ET
B. Riley Receives Multiple Honors at 2021 Turnaround Atlas Awards
LOS ANGELES, June 29, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified provider of business advisory and financial services, today announced it received multiple awards at the 13th Annual Turnaround Atlas Awards, hosted by Global M&A Network on June 24 and 25, 2021.
Jun 24, 2021 04:05 pm ET
B. Riley Financial Announces Full Redemption of 7.25% Senior Notes due 2027
LOS ANGELES, June 24, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it will redeem all of the issued and outstanding 7.25% Senior Notes due 2027 (the "Notes") on July 26, 2021 (the "Redemption Date"). The Notes have an aggregate principal amount of $122,793,450.
Jun 24, 2021 04:01 pm ET
B. Riley Principal 250 Merger Corp. Announces Separate Trading of its Common Stock and Warrants, Commencing June 28, 2021
NEW YORK, June 24, 2021 /PRNewswire/ -- B. Riley Principal 250 Merger Corp. (the "Company") (NASDAQ: BRIVU, BRIVW, BRIV), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (NASDAQ: RILY), today announced that, commencing June 28, 2021, the holders of the Company's units (the "Units") may elect to separately trade the shares of Class A common stock (the "Common Stock") and warrants (the "Warrants") included in the Units.
Jun 22, 2021 06:02 am ET
Thompson Pipe Group Engages B. Riley Securities to Help Scale its Presence in North America
RIALTO, Calif., June 22, 2021 /PRNewswire/ -- Thompson Pipe Group ("TPG" or the "Company"), a leading provider of innovative solutions for demanding infrastructure applications, today announced it has engaged B. Riley Securities, Inc., a full-service investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), to provide buy-side advisory services in accordance with the Company's plan to grow its presence in North America.
Jun 17, 2021 07:05 am ET
B. Riley Principal 250 Merger Corp. Closes Full Exercise of IPO Overallotment Option
NEW YORK, June 17, 2021 /PRNewswire/ -- B. Riley Principal 250 Merger Corp. (the "Company") (NASDAQ: BRIVU, BRIVW, BRIV), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (NASDAQ: RILY), today announced that on June 14, 2021, the underwriters of its previously announced initial public offering of units consisting of one share of Class A common stock of the Company, par value $0.0001 per share (the "Class A Common Stock"), and one-third of one redeemable warrant of the Company (each, a "Warrant"), each whole Warrant entitling the holder thereof to pu
Feb 26, 2021 10:59 am ET
272 Capital and B. Riley Financial Issue Follow-Up Letter to Tile Shop Holdings Board of Directors
272 Capital, LP and B. Riley Financial, Inc., two significant shareholders of Tile Shop Holdings, Inc. (OTCMKTS: TTSH), today released a letter to the Board of Directors of Tile Shop condemning the Board’s lack of engagement with shareholders and its failure thus far to up-list TTSH to a major stock exchange. The full text of the letter follows:
Feb 25, 2021 04:44 pm ET
B. Riley Financial Reports Record Fourth Quarter and Full Year 2020 Results, Declares $3.50 Dividend
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2020.
Feb 25, 2021 03:05 pm ET
B. Riley Financial Reports Record Fourth Quarter and Full Year 2020 Results, Declares $3.50 Dividend
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2020.
Feb 25, 2021 03:01 pm ET
B. Riley Financial Completes Acquisition of National Holdings Corporation, Creates Meaningfully Enhanced Wealth Management Platform
LOS ANGELES and NEW YORK, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") and National Holdings Corporation (NASDAQ: NHLD) ("National") today announced the completion of the firms' previously announced merger. In connection with the transaction, National becomes a wholly owned subsidiary of B. Riley Financial and an affiliate of B. Riley Wealth Management. National adds nearly 700 registered representatives and assets of approximately $20 billion to the B. Riley Financial platform. B. Riley Wealth Management currently includes over 170 advisors and assets o
Feb 25, 2021 08:15 am ET
B. Riley Financial Announces Final Results of Cash Tender Offer for National Holdings Corporation
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced the successful completion and final results for the cash tender offer ("Offer") to purchase all the issued and outstanding shares of National Holdings Corporation (NASDAQ: NHLD) ("National") common stock ("Shares") not currently owned by B. Riley and its subsidiaries. The tender offer expired as scheduled at 12:00 midnight, New York City time, at the end of the day on February 24, 2021 and was not extended. B. Riley expects to complete the acquisition of National as soon as practic
Feb 23, 2021 03:01 pm ET
B. Riley Principal 150 Merger Corp. Announces Closing of $172.5 Million Initial Public Offering
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- B. Riley Principal 150 Merger Corp. (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), today announced it closed its initial public offering of 17,250,000 units, including 2,250,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $172,500,000. The units are listed on the Nasdaq Capital Market ("Nasdaq") and commenced trading under the ticker symbol "BRPMU" on
Feb 23, 2021 06:31 am ET
B. Riley Adds Compliance, Risk & Resilience Consulting Practice Led by Scott Corzine and Duane Lohn
LOS ANGELES, Feb. 23, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a leading provider of financial services and business advisory solutions, today announced the addition of a Compliance, Risk and Resilience practice to its financial consulting division, B. Riley Advisory Services. Scott Corzine and Duane Lohn join B. Riley Advisory Services to lead a team of experienced risk management practitioners who specialize in business continuity, cybersecurity risk management, crisis management, ERM, and operational resilience.
Feb 18, 2021 03:57 pm ET
B. Riley Principal 150 Merger Corp. Announces Pricing of $150 Million Initial Public Offering
NEW YORK, Feb. 18, 2021 /PRNewswire/ -- B. Riley Principal 150 Merger Corp. (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market ("Nasdaq") and trade under the ticker symbol "BRPMU" beginning on February 19, 2021.
Feb 18, 2021 07:30 am ET
B. Riley Financial to Release Fourth Quarter and Full Year 2020 Results on Thursday, February 25, 2021
LOS ANGELES, Feb. 18, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") will hold a conference call on Thursday, February 25, 2021 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the fourth quarter and full year ended December 31, 2020. Financial results will be issued in a press release shortly after market close and prior to the call.
Jan 27, 2021 04:32 pm ET
B. Riley Financial Commences Tender Offer for All Outstanding Shares of National Holdings Corporation
LOS ANGELES, Jan. 27, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services and business advisory company, through its wholly owned subsidiary ("Purchaser"), today commenced its previously announced cash tender offer to purchase the remaining outstanding shares of National Holdings Corporation (NASDAQ: NHLD) ("National") common stock ("Shares"), not currently owned by B. Riley and its subsidiares, for $3.25 per share, upon the terms and subject to the conditions set forth in the offer to purchase, dated January 27, 2021 (the "Offer to Pur
Jan 27, 2021 06:50 am ET
B. Riley Advisory Services Named Turnaround Consulting Firm of the Year at 12th Annual Turnaround Atlas Awards
LOS ANGELES, Jan. 27, 2021 /PRNewswire/ -- B. Riley Advisory Services, a leading provider of specialty financial consulting services and solutions, and subsidiary of B. Riley Financial (NASDAQ: RILY) ("B. Riley"), is pleased to announce it was named Middle Market Turnaround Consulting Firm of the Year for its outstanding leadership in restructuring. The firm was also awarded in several individual deal categories at the 12th Annual Turnaround Atlas Awards hosted by Global M&A Network.
Jan 25, 2021 03:05 pm ET
B. Riley Financial Announces Closing of $200 Million Offering of Senior Notes Due 2028
LOS ANGELES, Jan. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has closed an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase up to an additional $30 million aggregate principal amount of senior notes in connection with the offering.
Jan 20, 2021 05:16 pm ET
B. Riley Financial Announces Pricing of $200 Million Offering of Senior Notes Due 2028
LOS ANGELES, Jan. 20, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that on January 20, 2021 it priced an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase up to an additional $30 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on January 25, 2021, subject to customary closing conditions.
Jan 20, 2021 07:01 am ET
FusionIQ Delivers Digital Investment Platform to Ultimus Fund Solutions' Clients
WOBURN, Mass., Jan. 20, 2021 /PRNewswire/ -- FusionIQ, a leading investment research and technology provider, today announced an alliance with Ultimus Fund Solutions® to deliver an industry-leading digital advisory and self-directed user experience for nearly 200 investment management firms on Ultimus' investment platform. Ultimus®, a leading independent provider of full-service fund administration, accounting and investor solutions, partnered with FusionIQ to develop this innovative solution. The partnership and resulting solution combine a traditional advisor-driven experience with the con
Jan 20, 2021 06:48 am ET
B. Riley Financial Announces Offering of $100 Million Senior Notes Due 2028 and "BBB+" Rating from Egan-Jones
LOS ANGELES, Jan. 20, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of $100 million aggregate principal amount of senior notes due 2028, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering.
Jan 15, 2021 03:01 pm ET
B. Riley Financial Closes Upsized $65 Million Common Stock Offering Including Full Exercise of Underwriter Option
LOS ANGELES, Jan. 15, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has closed an underwritten registered public offering of 1,413,045 shares of its common stock, which included 184,310 shares issued in connection with the underwriter's option to purchase additional shares, at a price to the public of $46.00 per share (the "Offering"), for gross proceeds of approximately $65.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. Certain of the Company's off
Jan 13, 2021 11:54 am ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of National Holdings Corporation Buyout
Rigrodsky Law, P.A. announces that it is investigating National Holdings Corporation (“National Holdings”) (NASDAQ CM: NHLD) regarding possible breaches of fiduciary duties and other violations of law related to National Holdings’ agreement to be...
Jan 13, 2021 06:00 am ET
B. Riley Financial Announces Pricing of Common Stock Offering
LOS ANGELES, Jan. 13, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it priced an underwritten registered public offering of 1,228,735 shares of its common stock at a price to the public of $46.00 per share (the "Offering"), for gross proceeds of approximately $56.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriter a 30-day option to purchase up to an additional 184,310 shares of common stock in connection with the Off
Jan 12, 2021 03:03 pm ET
B. Riley Financial Announces Public Offering of Common Stock
LOS ANGELES, Jan. 12, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten public offering of 870,000 shares of its common stock (the "Offering"), subject to market and certain other conditions. The Company expects to grant the underwriter a 30-day option to purchase additional shares of common stock in connection with the Offering. Certain of the Company's officers, directors and employees have indicated an interest in participating in this offering.
Jan 12, 2021 03:01 pm ET
B. Riley Financial Preliminary Fourth Quarter and Full Year 2020 Results Significantly Exceed Prior Guidance
LOS ANGELES, Jan. 12, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or "the Company") today announced certain preliminary estimates for the fourth quarter and full year 2020 ending December 31, 2020.
Jan 11, 2021 03:31 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates National Holdings Corporation
NEW YORK, Jan. 11, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of National Holdings Corporation ("National Holdings" or the "Company") (NASDAQ: NHLD) in connection with the proposed interested-party acquisition of the Company by B. Riley Financial, Inc. ("B. Riley") (NASDAQ: RILY), a diversified financial services and business advisory company.  The transaction is structured as an all-cash tender offer in which the Company's shareholders will receive $3.25 for each share of National Holdings comm
Jan 11, 2021 12:25 pm ET
NATIONAL HOLDINGS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of NHLD and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of National Holdings Corporation (NASDAQ: NHLD) breached their fiduciary duties or violated the federal...
Jan 11, 2021 06:30 am ET
B. Riley Financial to Acquire National Holdings
LOS ANGELES and NEW YORK, Jan. 11, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services and business advisory company, has entered a definitive agreement to acquire National Holdings Corporation (NASDAQ: NHLD) ("National"), a full-service investment banking and asset management firm that, through its affiliates, provides a range of services including financial advisory, investment banking, institutional sales and trading, equity research, financial planning, market making, tax preparation and insurance to corporations, institutions, high
Jan 11, 2021 05:30 am ET
B. Riley Financial Declares Preferred Stock Dividends
LOS ANGELES, Jan. 11, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the declaration of cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
Dec 17, 2020 06:30 am ET
B. Riley Financial Releases Guidance for Fourth Quarter and Full Year 2020
LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) today released guidance for the fourth quarter and full year 2020 ending December 31, 2020.
Dec 02, 2020 08:00 am ET
B. Riley Financial Acquires Significant Interest in Justice Brand Assets in Conjunction with Bluestar Alliance's Acquisition from ascena retail group
NEW YORK, Dec. 2, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced it has acquired significant interest in clothing brand, Justice, through an investment in Bluestar Alliance, LLC's ("Bluestar") acquisition of the brand's assets from ascena retail group, inc. ("ascena"). Bluestar owns the rights, title and licenses of Justice – including its e-commerce business – free and clear of Justice's prior liabilities as a result of a winning bid in the auction of ascena's assets unde
Nov 30, 2020 05:11 pm ET
B. Riley Financial, Inc. and 180 Degree Capital Corp. Commence Process to Seek Significant Changes to Maven’s Board of Directors
B. Riley Financial, Inc. (“B. Riley”) and 180 Degree Capital Corp. (“180”) today announced that they are taking the steps required to seek significant changes to the composition of the Board of Directors (the “Board”) of Maven (the “Company”). B....
Nov 18, 2020 07:00 am ET
B. Riley Financial Hires Dan Kraft and Tim Bottrell to Launch Financial Sponsors Group
LOS ANGELES, Nov. 18, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced the launch of B. Riley Financial Sponsors Group. The team will focus on developing and maintaining relationships with alternative capital managers, including private equity firms, family offices, sovereign wealth, credit funds and hedge funds. Dan Kraft and Tim Bottrell recently joined B. Riley to lead the group as Co-Directors of Financial Sponsors Coverage.
Nov 16, 2020 05:20 pm ET
B. Riley Principal Merger Corp. II and Eos Energy Storage Complete Business Combination
B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) (“BMRG”), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley Financial”), and Eos Energy Storage, LLC, a leading manufacturer of safe, reliable, low-cost zinc battery storage systems, today announced the completion of their previously announced business combination. The business combination has a projected pro forma market capitalization of approximately $500 million.
Nov 12, 2020 03:11 pm ET
B. Riley Principal Merger Corp. II Announces Stockholder Approval of Business Combination with Eos Energy Storage LLC
NEW YORK, Nov. 12, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) ("BMRG" or the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley Financial"), today announced that its stockholders have voted in favor of the Company's proposed initial business combination (the "business combination") with Eos Energy Storage LLC ("Eos"), a leading manufacturer of safe, reliable, low-cost zinc battery storage systems.
Nov 10, 2020 06:33 pm ET
B. Riley Principal Merger Corp. II Announces Results of Stockholder Redemptions
NEW YORK, Nov. 10, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley Financial"), today announced that 37% of the 17,500,000 total public shares of the Company's Class A common stock were submitted for redemption in connection with the Company's special meeting of its stockholders (the "special meeting"), scheduled to occur at 10:00 AM, Eastern time, on November 12, 2020, in connection with the Company's proposed business c
Nov 05, 2020 07:00 am ET
B. Riley Financial Adds New Capabilities to Advisory Group; Launches B. Riley Operations Management Services
LOS ANGELES, Nov. 5, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced the launch of B. Riley Operations Management Services, LLC. The new entity was formed following the acquisition of certain assets from Anchor Resource Management (ARM) Consulting, LLC, a firm with a reputation of developing repeatable operational improvements for companies with troubled manufacturing processes. Dan Ruskin and Don Weathers, founders of ARM Consulting, will lead B. Riley Operations Managemen
Nov 04, 2020 07:00 am ET
B. Riley Advisory Services Opens Office in Mexico
LOS ANGELES, Nov. 4, 2020 /PRNewswire/ -- B. Riley Advisory Services, a specialty financial advisory services firm and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced the opening of an office in Mexico. B. Riley Advisory Services de Mexico. S. de R.L. ("B. Riley Advisory Services de Mexico") will be led by Gaston Mauvezin, a seasoned executive with 20+ years of leadership experience at firms in the Automotive, Financial Services, Real Estate, Agribusiness, Industrial and Consumer markets in Argentina, Brazil and Mexico.
Oct 29, 2020 04:08 pm ET
B. Riley Financial Reports Strong Third Quarter 2020 Results
LOS ANGELES, Oct. 29, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced results for the third quarter ended September 30, 2020.
Oct 23, 2020 08:00 am ET
B. Riley Financial Sets Third Quarter 2020 Earnings Release Date and Conference Call
LOS ANGELES, Oct. 23, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") will hold a conference call on Thursday, October 29, 2020 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the third quarter ended September 30, 2020. Financial results will be issued in a press release prior to the call.
Oct 05, 2020 08:31 am ET
MamaMancini's Engages B. Riley Securities to Explore Strategic Alternatives
MamaMancini's Holdings, Inc. (OTCQB: MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, has engaged B. Riley Securities, a full-service investment bank and broker-dealer and subsidiary of B. Riley Financial, Inc....
Sep 08, 2020 08:00 am ET
Eos Energy Storage Enters into Definitive Agreement to Combine with B. Riley Principal Merger Corp II; Combined Company to List on NASDAQ Under Symbol “EOSE”
Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, sustainable, low-cost, and long-duration zinc hybrid cathode (“Znyth™”) battery energy storage systems, and B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) (“BMRG”), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley Financial”), today announced a definitive merger agreement for a business combination that would result in Eos becoming a publicly listed company. Upon closing of the transaction, the combined company will be renamed Eos Energy Enterpr
Jul 30, 2020 04:01 pm ET
B. Riley Financial Reports Second Quarter 2020 Results; Raises Regular Dividend to $0.30 per Share and Declares Special Dividend of $0.05 per Share
LOS ANGELES, July 30, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced results for the second quarter ended June 30, 2020.
Jul 28, 2020 08:01 am ET
New York & Company Store Closing Sales Begin with Deep Discounts
LOS ANGELES, July 28, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley") affiliate, Great American Group, and Tiger Capital Group today announced that store closing sales have begun at all New York & Company retail locations across the United States. The firms are conducting liquidation sales across approximately 380 store locations in connection with the recent bankruptcy filing of New York & Company's parent company, RTW Retailwinds, Inc. ("RTW").
Jul 23, 2020 09:01 am ET
B. Riley Financial Sets Second Quarter 2020 Earnings Release Date and Conference Call
LOS ANGELES, July 23, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") will hold a conference call on Thursday July 30, 2020 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the second quarter ended June 30, 2020. Financial results will be issued in a press release prior to the call.
Jul 08, 2020 04:01 pm ET
B. Riley Financial Declares Dividend on 6.875% Series A Preferred Stock
LOS ANGELES, July 8, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend for the Company's 6.875% Series A Cumulative Perpetual Preferred Stock ("Series A Preferred Stock").
Jul 02, 2020 12:01 pm ET
B. Riley Financial Enters Agreement to Purchase 900,000 Shares of its Common Stock
LOS ANGELES, July 2, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has entered an agreement to purchase 900,000 shares of its common stock at $22.00 per share for a total purchase price of $19.8 million. The shares represent approximately 3.5% of the Company's outstanding common stock as of July 1, 2020.
Jun 25, 2020 09:05 am ET
B. Riley Financial Elects Randy Paulson to its Board of Directors
LOS ANGELES, June 25, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced Randall ("Randy") E. Paulson was elected to its Board of Directors, effective June 18, 2020. Paulson serves as an independent director and a member of the Audit Committee. He brings significant financial services industry expertise to B. Riley. Andy Gumaer, co-founder and former CEO of B. Riley's Great American Group, LLC subsidiary, did not seek re-election at the conclusion of his term. With Paulson's appointment, the Company's nine-member Board is now comprised o
Jun 24, 2020 12:41 pm ET
B. Riley Principal Merger Corp. II and Eos Energy Storage Announce Letter of Intent for Business Combination
NEW YORK and EDISON, N.J., June 24, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) ("BRPM II"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial"), and privately held Eos Energy Storage LLC ("Eos") today announced they have executed a letter of intent ("LOI") for a business combination transaction ("transaction") which would result in Eos becoming a publicly listed company.
Jun 23, 2020 01:24 pm ET
B. Riley Financial Acquires Automotive Restructuring Firm, Alderney Advisors
LOS ANGELES and SOUTHFIELD, Mich., June 23, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced it has completed an acquisition of substantially all of the assets of Alderney Advisors, LLC ("Alderney"), a leading business advisory services firm based in the greater Detroit, Michigan region. The transaction closed on June 22, 2020.
Jun 16, 2020 08:31 am ET
B. Riley Financial Withdraws Acquisition Proposal Due to Failure of Spok Holdings' Board to Engage
LOS ANGELES, June 16, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley") and its subsidiary, B. Riley Capital Management, LLC, a shareholder of Spok Holdings, Inc. (NASDAQ:SPOK) ("Spok" or the "Company"), today announced it has withdrawn its offer to acquire the Company for $12.00 per share due to the failure of Spok's Board of Directors to engage. B. Riley sent the following letter to Spok's Board on June 16, 2020:
Jun 10, 2020 09:01 am ET
Tuesday Morning Commences Store Closing Sales at over 130 Locations across the U.S.
LOS ANGELES, June 10, 2020 /PRNewswire/ -- Store closing sales have begun at a select group of approximately 130 of Tuesday Morning's 687 retail locations across the United States. Tuesday Morning's limited store closing sales event is being conducted by Great American Group, LLC, a B. Riley Financial, Inc. company (NASDAQ:RILY) ("B. Riley" or the "Company"), and has been approved by order of the U.S. Bankruptcy Court.
Jun 04, 2020 08:30 am ET
Tuesday Morning Corporation Secures $25 Million of Additional Financing to Support Financial and Operational Reorganization
Tuesday Morning Corporation (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”)...
May 29, 2020 06:00 am ET
B. Riley Principal Merger Corp. II Announces the Separate Trading of its Common Stock and Warrants, Commencing June 3, 2020
NEW YORK, May 29, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (NYSE: BMRG.U) (the "Company") announced today that, commencing on or about June 3, 2020, the holders of the Company's units (the "Units") may elect to separately trade the shares of Class A common stock (the "Common Stock") and warrants (the "Warrants") included in the Units. The Common Stock and Warrants that are separated will trade on The New York Stock Exchange (the "NYSE") under the symbols "BMRG" and "BMRG WS", respectively. Units that are not separated will continue to trade on the NYSE under the symbol "BMRG.U
May 22, 2020 01:00 pm ET
B. Riley Principal Merger Corp. II Closes $175 Million Initial Public Offering
NEW YORK, May 22, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (NYSE: BMRG.U) (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), today announced it closed its initial public offering of 17,500,000 units at $10.00 per unit, resulting in gross proceeds of $175 million.
May 19, 2020 06:30 pm ET
B. Riley Principal Merger Corp. II Announces Pricing of $175 Million Initial Public Offering
NEW YORK, May 19, 2020 /PRNewswire/ -- B. Riley Principal Merger Corp. II (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY), today announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange ("NYSE") and trade under the ticker symbol "BMRG.U" beginning on May 20, 2020.
May 19, 2020 09:01 am ET
B. Riley Financial Comments on Spok Holdings' Response to Acquisition Proposal
LOS ANGELES, May 19, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley") and subsidiary B. Riley Capital Management, LLC, a shareholder of Spok Holdings, Inc. (NASDAQ:SPOK) ("Spok" or the "Company"), today announced that it has sent the following letter to Spok's Board of Directors after market close on May 18, 2020.
May 11, 2020 04:01 pm ET
B. Riley Financial Reports First Quarter 2020 Results and Declares Quarterly Cash Dividend of $0.25 per Common Share
LOS ANGELES, May 11, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced results for the first quarter ended March 31, 2020.
May 05, 2020 08:05 am ET
B. Riley Financial Sets First Quarter 2020 Earnings Release Date and Conference Call
LOS ANGELES, May 5, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") will hold a conference call on Monday, May 11, 2020 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the first quarter ended March 31, 2020. Financial results will be issued in a press release prior to the call.
Apr 13, 2020 09:01 am ET
B. Riley Financial Declares Dividend on 6.875% Series A Preferred Stock
LOS ANGELES, April 13, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend for the Company's 6.875% Series A Cumulative Perpetual Preferred Stock ("Series A Preferred Stock").
Apr 08, 2020 08:05 am ET
B. Riley Financial Expands Real Estate Division
LOS ANGELES, April 8, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified provider of business advisory and financial services, today announced that Al Lieberman and Peter Lynch have joined as Principals with B. Riley Real Estate, LLC. Lieberman and Lynch each bring over 30 years of experience across the real estate value chain, as well as vast restructuring and disposition expertise, both in and out of bankruptcy. The recent expansion of this group follows the appointment of Michael Jerbich as President in February 2020.
Apr 01, 2020 08:30 am ET
B. Riley FBR Advises TeleHealth Solution on Strategic Investment from New Capital Partners
LOS ANGELES, April 1, 2020 /PRNewswire/ -- B. Riley FBR, Inc., a full-service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), today announced it acted as financial advisor and placement agent to TeleHealth Solution PLLC ("THS") in connection with its completed investment from New Capital Partners ("NCP").
Mar 25, 2020 08:34 am ET
Palogic Value Management, LP Issues Letter to SPOK Holdings, Inc. Board of Directors
DALLAS, March 25, 2020 /PRNewswire/ -- On behalf of Palogic Value Fund, LP, a stockholder of approximately 800,000 shares, or 4.3% of the shares outstanding of SPOK Holdings, Inc., (NASDAQ: SPOK) ("SPOK" or "the "Company),  Palogic Value Management, LP announced today that it sent the following letter to the Board of Directors of SPOK prior to the market close on March 24, 2020. 
Mar 17, 2020 08:30 am ET
B. Riley Financial Issues Letter to SPOK Holdings, Inc. Board of Directors
LOS ANGELES, March 17, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced it has sent the following letter to the Board of Directors of SPOK Holdings, Inc. on behalf of its subsidiary, B. Riley Capital Management, LLC.
Dec 30, 2019 06:30 am ET
Franchise Group, Inc. to Acquire American Freight Group, Inc.
Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”), today announced it has entered into a definitive agreement under which it will acquire American Freight Group, Inc. (“American Freight”), a retail chain offering brand-name...
Nov 01, 2019 03:29 pm ET
Barneys New York to Begin Store Closing Sales Soon
LOS ANGELES, Nov. 1, 2019 /PRNewswire/ -- Great American Group, a B. Riley Financial (NASDAQ:RILY) company, and Tiger Capital Group announced that store closing sales will soon begin at the five flagship Barneys New York stores and at Barneys Warehouse locations. Exclusive private sale events are being planned for Barneys' most loyal customers, starting next week.
Oct 30, 2019 04:01 pm ET
B. Riley Financial Reports Record Results for the Third Quarter of 2019
LOS ANGELES, Oct. 30, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) (the "Company" or "B. Riley"), a diversified provider of business advisory and financial services which operates through several wholly-owned subsidiaries, today announced financial results for the third quarter ended September 30, 2019.
Oct 30, 2019 01:02 pm ET
B. Riley Financial Establishes Brand Investment Portfolio
LOS ANGELES, Oct. 30, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified financial services company which operates through several wholly-owned subsidiaries, today announced it has established a brand investment portfolio which aligns with the Company's strategy of pursuing strong free cash flow investment opportunities to generate accretive recurring revenue for the B. Riley platform. Through an investment of $116.5 million, the Company holds majority ownership of the assets and intellectual property related to licenses of six brands: Ca
Oct 23, 2019 04:01 pm ET
B. Riley Financial Announces Third Quarter 2019 Earnings Release Date and Conference Call
LOS ANGELES, Oct. 23, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company which operates through several wholly-owned subsidiaries, will hold a conference call on Wednesday, October 30, 2019 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the third quarter ended September 30, 2019. Financial results will be issued in a press release prior to the call.
Oct 21, 2019 11:18 am ET
B. Riley FBR to Host NASH Symposium in San Francisco on October 24, 2019
LOS ANGELES, Oct. 21, 2019 /PRNewswire/ -- B. Riley FBR, Inc., a full-service investment bank and a B. Riley Financial company (NASDAQ: RILY) ("B. Riley"), today announced it will host a biotech investor event to discuss emerging trends in non-alcoholic steatohepatitis (NASH) on Thursday, October 24, 2019, in San Francisco. This invitation-only NASH Symposium will gather institutional investors and senior management teams across the healthcare industry to discuss the latest developments and treatments for non-alcoholic fatty liver disease (NAFLD)—one of the most common liver diseases in the
Oct 15, 2019 04:01 pm ET
B. Riley Financial Declares Cash Dividend on 6.875% Series A Preferred Stock
LOS ANGELES, Oct. 15, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that its Board of Directors has approved an initial cash dividend for the Company's 6.875% Series A Cumulative Perpetual Preferred Stock ("Series A Preferred Stock"). Trading of the depositary shares commenced on October 8, 2019 on NASDAQ under the symbol "RILYP."
Oct 11, 2019 04:58 pm ET
B. Riley Financial Announces Closing of Full Exercise of Over-Allotment Option for Depositary Shares Offering
LOS ANGELES, Oct. 11, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has completed the closing of the issuance of an additional 300,000 depositary shares pursuant to the full exercise of the underwriters' over-allotment option in connection with the Company's previously closed public offering of its depositary shares, each representing a 1/1000th fractional interest in a share of the Company's 6.875% Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share.
Oct 07, 2019 04:01 pm ET
B. Riley Financial Closes Depositary Shares Offering
LOS ANGELES, Oct. 7, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the closing of its previously announced underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Company's 6.875% Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share. The offering resulted in net proceeds of approximately $48.4 million after deducting underwriting discounts and commissions, but before expenses. The Company expects
Oct 02, 2019 04:50 pm ET
B. Riley Financial Prices $50 Million Offering of Depositary Shares
LOS ANGELES, Oct. 2, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the pricing of its underwritten registered public offering of 2,000,000 depositary shares at an initial public offering price of $25.00 per depositary share, raising gross proceeds of $50 million before deducting underwriting discounts and other estimated offering expenses. Each depositary share represents a 1/1000th fractional interest in a share of the Company's 6.875% Series A Cumulative Perpetual Preferred Stock. Dividends on the Series A Preferred Stock underly
Oct 02, 2019 07:46 am ET
B. Riley Financial Announces Offering of Depositary Shares and Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Oct. 2, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of depositary shares, each representing 1/1000th fractional interest in a share of the Company's Series A Cumulative Perpetual Preferred Stock, with a liquidation preference equivalent to $25.00 per depositary share, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the offering solely to
Sep 24, 2019 04:18 pm ET
Global Ship Lease, Inc. Announces Underwritten Public Offering of $40 Million Class A Common Shares
Global Ship Lease, Inc. (NYSE:GSL) (“Global Ship Lease” or the “Company”) today announced that it has commenced a $40.0 million fully underwritten public offering of its Class A common shares, par value $0.01 per share (‘Common Shares”). The...
Sep 23, 2019 04:01 pm ET
B. Riley Financial Closes Offering of $115 Million Senior Notes due 2026 including Full Exercise of Overallotment Option
LOS ANGELES, Sept. 23, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") announced today that it has closed an underwritten registered public offering of 6.50% Senior Notes due 2026 in an aggregate principal amount of $115 million, which included $15 million of notes issued pursuant to the full exercise by the underwriters of their overallotment option. The Company and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The notes will be listed on NASDAQ u
Sep 18, 2019 04:55 pm ET
B. Riley Financial Announces Pricing of $100 Million Offering of Senior Notes due 2026
LOS ANGELES, Sept. 18, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that on September 18, 2019 it priced an underwritten registered public offering of $100 million aggregate principal amount of 6.50% Senior Notes due 2026. The Company has granted the underwriters a 30-day option to purchase up to an additional $15 million aggregate principal amount of notes in connection with the offering solely to cover overallotments. The offering is expected to close on September 23, 2019, subject to customary closing conditions.
Sep 18, 2019 07:50 am ET
B. Riley Financial Announces Offering of $50 Million Senior Notes Due 2026 and "BBB+" Rating from Egan-Jones
LOS ANGELES, Sept. 18, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of $50 million aggregate principal amount of senior notes due 2026, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering solely to cover overallotments. The Company and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an indepe
Sep 16, 2019 11:35 am ET
B. Riley Adds Oilfield Services Veteran Jon Donnel as Managing Director with Great American Group Advisory & Valuation Services
LOS ANGELES, Sept. 16, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company, today announced that Jon Donnel has joined its Great American Group Advisory and Valuation Services, LLC subsidiary ("Great American") as Managing Director of Oilfield Services based in Houston, Texas. Mr. Donnel is an experienced advisor specializing in business valuation, investment appraisal and financial planning for companies and lenders across the oilfield services industry.
Sep 12, 2019 12:08 pm ET
B. Riley Financial Appoints Dan Shribman as Chief Investment Officer
LOS ANGELES, Sept. 12, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced the appointment of Dan Shribman as Chief Investment Officer. He is based in New York.
Sep 12, 2019 08:30 am ET
B. Riley FBR Gathers Consumer, Entertainment, Media and Leisure Companies for Fall Investor Conference in New York
via NetworkWire -- B. Riley FBR is pleased to present its 5th Annual Consumer and Media Conference at the SOFITEL New York on Oct. 3, 2019. The conference provides companies across the consumer, leisure, media and entertainment sectors with a...
Sep 04, 2019 08:35 am ET
B. Riley Financial Raises Guidance for Full Year 2019
LOS ANGELES, Sept. 4, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) (the "Company" or "B. Riley"), a diversified financial services company which operates through several wholly-owned subsidiaries, today announced it is revising and raising its guidance for the full year of 2019.
Sep 03, 2019 08:35 am ET
B. Riley Serves as Exclusive Sell-Side Advisor to PCM on its $581 Million Sale to Insight Enterprises
LOS ANGELES, Sept. 3, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced its investment banking subsidiary, B. Riley FBR, Inc., served as exclusive financial advisor to PCM, Inc. (NASDAQ: PCMI) ("PCM") in connection with its completed sale to Insight Enterprises (NASDAQ: NSIT) ("Insight"). The transaction, which closed on August 30, 2019, was valued at approximately $581 million and represents Insight's largest acquisition to date. B. Riley FBR's deal team was led by Senior Managing Director Ryan J. Bernath, Director Chobun Hieblinger, and Associate And
Aug 15, 2019 10:01 am ET
GA Global Partners and Centurion Service Group Retained to Sell Pine Creek Medical Center's State-of-the-Art Surgical Hospital Equipment
DALLAS, Aug. 15, 2019 /PRNewswire/ -- Great American Global Partners LLC ("GA Global"), a leading wholesale and industrial asset disposition solutions provider and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), and Centurion Service Group LLC ("Centurion"), a leading auctioneer of medical equipment, were retained to conduct a public auction of Pine Creek Medical Center's surgical and hospital support equipment. The two-day, real-time online auction event will take place on August 21 and 22, 2019.
Aug 14, 2019 10:06 am ET
B. Riley Wealth Management Appoints Chuck Hastings as President
LOS ANGELES, Aug. 14, 2019 /PRNewswire/ -- B. Riley Wealth Management, Inc., a full-service private wealth and investment services firm and subsidiary of B. Riley Financial (NASDAQ:RILY) ("B. Riley"), today announced that Charles (Chuck) Hastings was appointed President. Hastings previously served in a dual role as Director of Wealth Management Strategic Initiatives and as a portfolio manager for its affiliate, B. Riley Asset Management.
Aug 06, 2019 10:06 pm ET
Barneys New York Secures Approximately $218 Million in New Financing from Brigade Capital Management and B. Riley Financial Following a Competition to Provide Fresh Capital
NEW YORK, Aug. 6, 2019 /PRNewswire/ -- Barneys New York (the "Company"), the luxury specialty retailer, today announced that the Company has secured approximately $218 million in new financing from Brigade Capital Management, LP ("Brigade Capital") and B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley Financial") to facilitate a going concern sale process. This new agreement, which materialized earlier in the day, replaces the previously announced $75 million agreement with affiliates of Hilco Global and the Gordon Brothers Group and will refinance all of Barneys New York's existing secured
Aug 01, 2019 05:30 pm ET
Onyx Asset Advisors and GA Global Partners Retained to Sell Over 350 Upfitted Jeep Wranglers of Bankrupt JRV Group USA
LOS ANGELES, Aug. 1, 2019 /PRNewswire/ -- Onyx Asset Advisors and GA Global - the wholesale and industrial division of Great American Group, a B. Riley Financial Company (RILY: NASDAQ), will conduct a public online auction of OEM and aftermarket parts, accessories and chassis of new 2018 model year Jeep Wrangler Unlimited Sport, Sahara and Rubicon models.  The parts auction will take place on August 14, with an auction featuring JRV Group's machine shop and assembly equipment taking place on August 15.
Aug 01, 2019 04:01 pm ET
B. Riley Financial Announces Record Results for Second Quarter 2019 and Increases Quarterly Cash Dividend
B. Riley Financial, Inc. (NASDAQ:RILY) (the “Company”), a diversified financial services company which operates through several wholly-owned subsidiaries, today announced results for the second quarter ended June 30, 2019. Second Quarter 2019...
Jul 29, 2019 08:29 am ET
B. Riley Financial Announces Second Quarter 2019 Earnings Release Date and Conference Call
B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company which operates through several wholly-owned subsidiaries, will hold a conference call on Thursday, August 1, 2019 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for...
Jul 16, 2019 08:01 am ET
B. Riley Financial Appoints Former U.S. Representative Mimi Walters to its Board of Directors
B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company which operates through several wholly-owned subsidiaries, today announced the appointment of Mimi Walters to the Company’s Board of Directors, effective July 12, 2019....
Jul 11, 2019 11:01 am ET
B. Riley FBR to Host Consumer & Media Conference in New York
B. Riley FBR, Inc., a full-service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), today announced its 5th Annual Consumer & Media Conference will be held at the Sofitel New York on Thursday, October 3, 2019. The...
Jul 10, 2019 09:38 am ET
Sergio Tacchini Announces New Ownership
NEW YORK, July 10, 2019 /PRNewswire/ -- Sergio Tacchini today announced new ownership of its brand assets led by entrepreneur Stefano Maroni, Twin Lakes Capital LLC and B. Riley Principal Investments LLC, a subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley"). Under the new ownership structure, Maroni serves as CEO and Twin Lakes Capital's Lee Feldman serves as Chairman. Dan Shribman of B. Riley and Howard Cohen of Twin Lakes Capital  join them on the company's Board.
Jul 08, 2019 01:05 pm ET
B. Riley FBR Serves as Exclusive Sell-Side Advisor to E.V. Roberts in its Sale to Graco Supply Company
B. Riley FBR, Inc., a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), today announced it served as the exclusive financial advisor to E.V. Roberts in connection with its sale to Graco Supply...
Jun 25, 2019 08:04 am ET
GlassRatner Adds Veteran Restructuring and Forensic Investigations Professionals, Wayne Weitz and Coral Hansen
GlassRatner Advisory & Capital Group, LLC, a leading specialty financial advisory firm and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), today announced the addition of Wayne P. Weitz and Coral M. Hansen. Mr. Weitz joins as a...
Jun 12, 2019 09:05 am ET
B. Riley FBR Adds Technology Veteran Craig Krinbring as Managing Director, Investment Banking
B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced that Craig Krinbring has joined as Managing Director in the firm’s Investment Banking division based...
Jun 03, 2019 08:05 am ET
B. Riley FBR Names Jimmy Baker Head of Capital Markets
B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced that James (Jimmy) Baker has been promoted to Head of Capital Markets. Mr. Baker will continue to...
Jun 03, 2019 08:01 am ET
B. Riley Wealth Management Expands with New Pennsylvania Branch, Adds Two Industry Veterans with $181 Million Assets Under Management
B. Riley Wealth Management, Inc, a full-service wealth management firm and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced the opening of its newest wealth management branch in Devon, PA, making this the firm’s...
May 22, 2019 08:31 am ET
B. Riley Financial Announces Warrant Repurchase Agreement
B. Riley Financial, Inc. (NASDAQ: RILY) (the “Company”) today announced it has entered into a definitive agreement to purchase 638,311 warrants, which were originally issued in connection with the acquisition of Wunderlich Securities, for...
May 21, 2019 08:05 am ET
B. Riley FBR to Host Commissions for Charity Day Benefitting the Sugar Ray Leonard Foundation on Wednesday, May 22, 2019
B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), will host its 2019 Commissions for Charity Day event on Wednesday, May 22, 2019. All commissions generated by B....
May 21, 2019 08:00 am ET
B. Riley Financial Announces Agreement to Sell Broadsmart
B. Riley Financial, Inc. (NASDAQ: RILY) (the “Company”) today announced that a subsidiary of B. Riley Principal Investments, LLC, has agreed to sell Broadsmart Global, Inc., a provider of unified communication as a service (UCaaS) solutions, to...
May 21, 2019 08:00 am ET
Ooma Agrees to Acquire Broadsmart, Increasing the Scale of Ooma’s Business Communications and UCaaS Platforms
Ooma, Inc., a smart communications platform for businesses and consumers, today announced that it signed a definitive agreement on May 15, 2019, to acquire Broadsmart Global, Inc., a leading provider of cloud-based unified communications as a...
May 13, 2019 09:01 am ET
B. Riley Makes Significant Wealth Management Advisor and Investment Banking Hires in Houston
B. Riley Wealth Management, Inc. and B. Riley FBR, Inc., both wholly-owned subsidiaries of B. Riley Financial, Inc. (NASDAQ: RILY)(“B. Riley”), today announced the addition of Michael McConnell and Myles Scott, both formerly of US Capital Advisors,...
May 08, 2019 08:05 am ET
GlassRatner Wins Several Industry Accolades; Recognized by ALM’s Daily Report “Best of 2019” and Turnaround Atlas Awards
GlassRatner Advisory & Capital Group, LLC (“GlassRatner”), a specialty financial advisory services firm and wholly-owned subsidiary of B. Riley Financial, Inc. (“B. Riley”)(NASDAQ: RILY), is pleased to announce its recognition as the #1 provider in...
May 07, 2019 04:01 pm ET
B. Riley Financial Closes $100 Million Senior Notes Offering including Full Exercise of Over-allotment Option
B. Riley Financial, Inc. (NASDAQ: RILY) (the Company) announced today that it has closed an underwritten registered public offering of 6.75% Senior Notes due 2024 in an aggregate principal amount of approximately $100 million, which included...
May 03, 2019 10:50 pm ET
B. RILEY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of B. Riley Financial, Inc. - RILY
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into B. Riley Financial, Inc. (NasdaqGM: RILY).
May 02, 2019 04:09 pm ET
B. Riley Financial Announces Pricing of Senior Notes Offering
B. Riley Financial, Inc. (NASDAQ: RILY) (the Company) today announced that on May 2, 2019 it priced an underwritten registered public offering of $87.0 million aggregate principal amount of 6.75% Senior Notes due 2024 at 100% of the principal...
May 02, 2019 07:48 am ET
B. Riley Financial Announces Offering of $50 Million Senior Notes Due 2024 and “BBB+” Rating from Egan-Jones
B. Riley Financial, Inc. (NASDAQ: RILY) (the Company) today announced it has commenced an underwritten registered public offering of $50 million aggregate principal amount of senior notes due 2024, subject to market and certain other conditions....
May 01, 2019 04:04 pm ET
B. Riley Financial Reports First Quarter 2019 Financial Results
B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company which operates through several wholly-owned subsidiaries, announced results for the first quarter ended March 31, 2019. First Quarter 2019 Highlights Total revenues...
Apr 25, 2019 09:01 am ET
B. Riley FBR Acts as Exclusive Financial Advisor to Stream Companies in Connection with its Strategic Investment from Sverica Capital Management
B. Riley FBR, Inc., a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), served as the exclusive financial advisor to Stream Companies (“Stream”) in connection with a strategic growth investment...

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