{"filings":[{"id":92977,"accession_number":"0001464790-26-000033","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BRC Group Q1 2026 net income $211.3M, EPS $6.57 vs loss a year ago; debt cut $129M","event_type":"earnings","confidence":"high","bullets":["Net income available to common shareholders $211.3M vs ($12.0M) in Q1 2025; diluted EPS $6.57 vs ($0.39).","Total revenues $352.1M, up from $186.1M, driven by trading gains in Capital Markets ($172.1M vs $2.1M).","Adjusted EBITDA $262.2M; Operating Adjusted EBITDA $34.6M vs ($5.6M) year ago.","Total debt reduced $128.9M to $1.30B; Net Debt fell $254.6M to $372.4M at March 31, 2026.","Plan announced to repurchase minority shares of B. Riley Securities and merge with B. Riley Wealth by year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":6.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":352060000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92976,"accession_number":"0001213900-26-042056","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-04-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Robert D'Agostino to not stand for re-election at 2026 annual meeting","event_type":"leadership","confidence":"high","bullets":["Director Robert D'Agostino informed Board on April 2, 2026 of decision not to stand for re-election.","Will continue serving through end of current term until 2026 annual meeting.","Decision not due to any disagreement with Company or management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104253,"accession_number":"0001464790-26-000022","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BRC Group (RILY) reports Q4 net income $84.8M, FY net income $299.4M; debt cut $346.6M","event_type":"earnings","confidence":"high","bullets":["Q4 net income available to common shareholders $84.8M vs $0.9M prior year; basic EPS $2.77.","FY net income $299.4M vs loss $772.3M prior year; basic EPS $9.80.","Total debt reduced by $346.6M to $1.43B; net debt $627M at Dec 31, 2025.","Total revenues Q4 $278.4M, FY $967.6M; Adjusted EBITDA Q4 $104.2M, FY $231.1M.","Capital Markets segment income Q4 $53.2M vs $3.8M prior year; Communications Business Group FY income $47.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":6.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":352060000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104252,"accession_number":"0001213900-26-027042","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["3.02","5.02","8.01","9.01"],"status":"ready","headline":"BRC Group reduces debt by ~$37.9M via bond-for-equity swaps; will file late 10-K by March 31","event_type":"other_material","confidence":"high","bullets":["Exchanged 4,201,300 common shares for 1,343,551 senior note units, reducing debt by ~$37.9M.","Repurchased 171,703 units of 5.00% senior notes due 2026 (RILYG) for ~$4.0M cash.","Will redeem ~$96M of 5.50% senior notes due 2026 (RILYK) on March 30, 2026.","To file NT 10-K; expects 2025 10-K by March 31, 2026; earnings call by end of March."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104251,"accession_number":"0001213900-26-023145","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["1.02","9.01"],"status":"ready","headline":"BRC Group terminates guaranty of B&W debt under Axos credit agreement; no payment","event_type":"other_material","confidence":"high","bullets":["BRC Group’s guaranty of B&W debt under Axos credit agreement terminated as of Feb 25, 2026.","No payment was required from BRC Group for the termination.","Termination was part of the Tenth Amendment, which extends maturity to Jan 18, 2028.","Tenth Amendment increases borrowing base to up to 90% of eligible trade receivables."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104250,"accession_number":"0001464790-26-000015","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-02-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"BRC Group recasts 2024 10-K to show GlassRatner & Farber as discontinued ops","event_type":"other","confidence":"low","bullets":["Recast retrospectively presents Financial Consulting segment (GlassRatner, Farber) as discontinued operations in 2024 Form 10-K.","Update filed in connection with Form S-1 registration statement (No. 333-293348); no other revisions beyond the recast.","Only the two most recent annual periods in the 10-K were recast under smaller reporting company accommodations.","No changes made for developments after the original September 19, 2025 filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104249,"accession_number":"0001213900-26-009594","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"BRC Group regains compliance with Nasdaq periodic filing rule; 1-year monitor imposed","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq letter Jan 27, 2026 confirming compliance with periodic filing rule 5250(c)(1).","Nasdaq imposed mandatory panel monitor for one year; any future late filing triggers direct delist process.","Press release issued Jan 28, 2026 announcing the compliance restoration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104248,"accession_number":"0001213900-26-009163","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BRC Group Holdings reports preliminary Q4 net income $60M-$65.4M; FY net income $274.5M-$279.9M","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue expected $271M-$282.5M vs $178.6M YoY; net income $60M-$65.4M vs $0.9M.","Full year 2025 revenue expected $960.2M-$971.7M vs $746.4M; net income $274.5M-$279.9M vs loss of $772.3M.","Adjusted EBITDA Q4 $98.9M-$109.4M vs loss of $113.8M; full year $225.8M-$236.3M vs loss of $568.3M.","Net debt reduced to $609M-$631M at Dec 31, 2025, down from peak $1.39B at Sep 30, 2024.","Regained Nasdaq compliance on Jan 27, 2026; EPS Q4 $1.96-$2.14 vs $0.03; FY $8.98-$9.16 vs loss $25.46."],"consensus_eps_estimate":null,"consensus_eps_actual":9.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":967599000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104247,"accession_number":"0001213900-26-005664","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"BRC Group amends credit agreement to allow up to $25M note repurchase; reduces EVP Forman's severance to 2/3 base salary","event_type":"other_material","confidence":"high","bullets":["Amendment No. 4 to credit agreement permits repurchase of up to $25M of unsecured notes on or before June 30, 2026.","Amendment reduces Executive VP & General Counsel Alan Forman's severance to 2/3 of base salary (lump sum) from prior amount.","Both amendments executed between Jan 14-15, 2026; credit amendment involves Oaktree lenders as counterparties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104246,"accession_number":"0001213900-26-005416","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"BRC Group files $735M lawsuit against Willkie Farr and Brian Kahn over Franchise Group deal","event_type":"litigation","confidence":"high","bullets":["Complaint filed in NY Supreme Court against Willkie Farr & Gallagher, Brian Kahn, and Lauren Kahn.","Seeks over $735 million in compensatory damages plus punitive damages and fee disgorgement.","Claims include aiding and abetting fraud, civil conspiracy, breach of fiduciary duty, and fraud.","Lawsuit relates to the August 2023 take-private transaction of Franchise Group, Inc.","Plaintiffs include BRC Group (f/k/a B. Riley Financial) and several affiliates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104245,"accession_number":"0001213900-26-004356","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BRC Group swings to Q3 profit: net income $89.1M ($2.91 EPS) vs loss; debt reduced $120M+","event_type":"earnings","confidence":"high","bullets":["Net income available to common shareholders $89.1M ($2.91 diluted EPS) vs loss of $286.4M ($(9.39) EPS) in Q3 2024.","Total revenues $277.9M (up from $175.4M); Capital Markets segment revenues $116.2M vs $(24.7M) prior year.","Capital Markets segment income $60.7M (vs loss $62.3M); Wealth segment income improved to $7.2M from $0.8M.","Total debt $1.44B, net debt $702.9M; reduced net debt by over $120M in Q3 via bond exchanges and asset appreciation.","Filed all three Q 2025 Form 10-Qs within 120 days, achieving Nasdaq compliance ahead of January 2026 deadline."],"consensus_eps_estimate":null,"consensus_eps_actual":9.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":967599000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104243,"accession_number":"0001213900-26-003901","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K/A","filed_at":"2026-01-13T23:59:59+00:00","items":["8.01","2.01","9.01"],"status":"ready","headline":"BRC Group (f/k/a B. Riley) completes sale of Wealth W-2 business to Stifel for $26M cash","event_type":"m_and_a","confidence":"high","bullets":["Net cash consideration of $26.0M; 36 advisors with $4.0B in AUM as of March 31, 2025.","Pro forma shows six-month June 30, 2025 net income available to common shareholders of $51.0M vs $52.8M as reported.","Pro forma for FY2024 net loss available to common shareholders of $907.9M vs $899.9M as reported.","Approximately $13.25M of proceeds used to repay Oaktree term loan; effective interest rate adjustments included."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104242,"accession_number":"0001213900-26-003900","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K/A","filed_at":"2026-01-13T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"BRC Group pro forma shows GlassRatner sale worsened net losses across 2022-2024","event_type":"other_material","confidence":"high","bullets":["Sale removed $92.2M in services fees (2024); operating loss increased by $21.8M after disposal.","Pro forma net loss available to common: 2024 $914M vs $900M; 2023 $167M vs $157M; 2022 $281M vs $278M.","Company used ~$32.9M of proceeds to repay Oaktree term loan, saving ~$3.8M in annual interest.","Transition services agreement with buyer provides estimated fees for six months post-close.","GlassRatner was substantially all of the Financial Consulting segment; now reported as discontinued ops."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104241,"accession_number":"0001213900-26-003899","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K/A","filed_at":"2026-01-13T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"BRC Group files pro forma financials for Atlantic Companies sale; H1 2025 net income improved $2.9M","event_type":"m_and_a","confidence":"high","bullets":["Sale of Atlantic Companies closed March 3, 2025; pro forma assumes disposition on Jan 1, 2024.","Pro forma net income available to common for H1 2025: $55.7M vs reported $52.8M (adjustment +$2.9M).","Pro forma net loss available to common for FY2024: ($893.9M) vs reported ($900.0M) (adjustment +$6.1M).","Removed Atlantic Companies revenues of $7.0M (H1 2025) and $38.2M (FY2024).","Proceeds used to repay $21.2M on Oaktree credit facilities; interest expense reduced by $1.3M (H1) and $2.6M (FY)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104244,"accession_number":"0001213900-26-000445","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-01-02T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"B. Riley Financial renames to BRC Group Holdings effective Jan 1, 2026","event_type":"other_material","confidence":"high","bullets":["Corporate name changed from B. Riley Financial, Inc. to BRC Group Holdings, Inc. effective January 1, 2026.","Amended certificates of designation for 6.875% Series A and 7.375% Series B preferred stock.","Eighth Supplemental Indenture updates indentures for 5.00%/5.50%/6.50%/5.25%/6.00% Senior Notes due 2026/2028.","All ticker symbols (RILY, RILYP, RILYL, etc.) unchanged; outstanding stock certificates remain valid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120542,"accession_number":"0001213900-25-121690","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"B. Riley Q2 net income $137.5M, EPS $4.50; files 10-Q ahead of Nasdaq deadline","event_type":"earnings","confidence":"high","bullets":["Net income $137.5M vs net loss $435.6M in Q2 2024; includes $66.8M GlassRatner gain and $44.5M note exchange gains.","Revenue $225.3M vs $94.9M in prior year, driven by absence of fair value adjustments that had depressed 2024 revenue.","Operating adjusted EBITDA from continuing ops $38.5M, up from $31.2M in Q2 2024.","Total debt reduced to $1.46B from $1.77B at Dec 31, 2024; net debt $824.8M.","Filed Q2 2025 Form 10-Q on Dec 15, meeting Nasdaq’s Dec 23 compliance deadline; Q3 filing targeted by Jan 20, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120541,"accession_number":"0001213900-25-117569","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-12-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"B. Riley annual meeting results: all 8 directors elected; auditor ratified; say-on-pay approved with 1-year frequency","event_type":"other_material","confidence":"high","bullets":["All eight director nominees received majority votes; Bryant R. Riley got 10,434,971 for, 400,898 against.","Ratification of BDO USA as auditor passed with 18,676,457 for, 368,976 against.","Advisory vote on executive compensation approved with 8,918,235 for, 1,667,953 against.","Advisory frequency: 1-year option won 6,754,729 votes; 2-year 356,282; 3-year 2,617,360.","Meeting held December 1, 2025; broker non-votes of ~8.2M on director and say-on-pay matters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120540,"accession_number":"0001213900-25-115932","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-11-28T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"B. Riley receives Nasdaq delinquency notice for Q3 10-Q; granted filing extension to Jan 20, 2026","event_type":"regulatory","confidence":"high","bullets":["Received expected Nasdaq delinquency notice for delayed Q3 10-Q; no immediate effect on listing.","Nasdaq Panel granted exception: Q2 10-Q due Dec 23, 2025; Q3 10-Q due Jan 20, 2026.","Q1 10-Q filed Nov 18, 2025; 2024 10-K filed Sep 19, 2025.","Company intends to take all actions to regain compliance and maintain listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120539,"accession_number":"0001213900-25-112543","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"B. Riley granted continued listing on Nasdaq; files overdue Q1 10-Q; deadlines set for Q2, Q3","event_type":"other_material","confidence":"high","bullets":["Nasdaq Hearings Panel granted exception to cure filing delinquencies; company must file Q2 10-Q by Dec 23, 2025 and Q3 10-Q by Jan 20, 2026.","Company filed Q1 2025 10-Q on Nov 18, 2025, meeting first deadline of Nov 21, 2025.","If any deadline is missed, Panel will delist B. Riley securities from Nasdaq.","Panel noted B. Riley's retention of external consultants, service providers, and a new CFO to improve financial reporting.","Company does not anticipate requesting Listing Council review of the decision."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120538,"accession_number":"0001213900-25-110582","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"B. Riley enters new employment agreement with Co-CEO Bryant Riley; ties pay to revenue generation","event_type":"leadership","confidence":"high","bullets":["Eliminates base salary (replaced by California exempt wage threshold) and cash bonus/LTI awards; CEO participates in BRS senior managing director incentive program based on revenue share.","Executive earned $2.48M initial incentive; additional $8.35M due by Nov 15, 2025; subject to clawback if resigns or terminated for cause within 24 months.","Severance payment set at $2.8M lump sum plus COBRA reimbursement up to 12 months upon termination without cause, death/disability, or resignation for good reason.","Compensation structure effective through fiscal year 2026; Compensation Committee can terminate program at any time at its discretion.","Company notes CEO generated ~$59M in revenues for BRS from March 9 to September 30, 2025, used to compute initial incentive payments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120537,"accession_number":"0001213900-25-107155","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"B. Riley Securities Q3 net income $41.8M; revenue $109.1M; $0.40 dividend approved","event_type":"earnings","confidence":"high","bullets":["Preliminary unaudited Q3 total revenue $109.1M; adjusted net revenue $75.7M.","Net income $41.8M; adjusted net income $18.9M.","Board approved $0.40/share common dividend (~$7.4M total).","Cash/securities $145.9M; no outstanding debt.","Raised approximately $10.5B in equity/debt for clients during quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":7.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":689236000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120536,"accession_number":"0001213900-25-098390","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"B. Riley extends springing maturity on Oaktree term loans to no earlier than March 31, 2027","event_type":"debt","confidence":"high","bullets":["Amendment No. 3 to Credit Agreement pushes earliest possible maturity date for Initial Term Loans from July 1, 2026 to March 31, 2027.","The springing maturity clause now has a floor of March 31, 2027, providing additional near-term covenant headroom.","Director Michael Sheldon will not seek re-election at the next annual meeting; no disagreement with the company.","Credit Agreement originally dated Feb 26, 2025; previously amended March and July 2025; Oaktree Fund Administration is agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120535,"accession_number":"0001213900-25-096621","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"B. Riley receives Nasdaq delisting notice for late Q1 and Q2 2025 10-Qs; will seek hearing","event_type":"regulatory","confidence":"high","bullets":["Nasdaq Staff Determination Letter dated October 1, 2025, based on failure to file Q1 and Q2 2025 10-Qs.","Company filed its 2024 Form 10-K on September 19, 2025, but remains out of compliance.","Nasdaq declined to grant further exception beyond September 29, 2025 deadline.","Company intends to request a hearing, which automatically stays suspension for at least 15 days.","Hearing typically scheduled 30-45 days after request; no assurance Panel will grant additional time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137129,"accession_number":"0001213900-25-087284","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-09-12T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"B. Riley Financial dismisses auditor Marcum, appoints BDO; reports material weaknesses in internal controls","event_type":"other_material","confidence":"high","bullets":["Marcum LLP dismissed effective after completion of FY2024 audit; BDO USA, P.C. appointed for FY2025.","Multiple material weaknesses disclosed: ITGCs, valuation controls, related-party transactions, income tax, goodwill, and journal entry controls.","BDO independence concern from prior non-audit services by its member firms; services terminated April 2025, concluded no impairment.","No disagreements between Company and Marcum on accounting principles or audit scope during FY2022-2024 and interim through Sept 8, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137128,"accession_number":"0001213900-25-080805","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"B. Riley subsidiary enters $30M revolving credit facility with FGI Worldwide, refinances PNC debt","event_type":"debt","confidence":"high","bullets":["Tiger US Holdings, a B. Riley subsidiary, signed a 3-year $30M revolving credit agreement with FGI Worldwide LLC.","Proceeds used to refinance existing credit agreement with PNC Bank, National Association.","Facility includes receivables purchase feature on full recourse basis; interest at greater of 5.25% or 1-month SOFR+3.00%+0.10%.","B. Riley Commercial Capital extended additional $5M subordinated intercompany loan, increasing total to $10M.","Facility secured by first-priority lien on assets of FGI Loan Parties and pledge of equity interests of borrower subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137127,"accession_number":"0001213900-25-079991","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-08-22T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"B. Riley receives Nasdaq delinquency notice for late Q2 2025 10-Q; exception until Sept 29","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified B. Riley on August 20 of non-compliance with Listing Rule 5250(c)(1) due to delayed Q2 2025 10-Q.","Nasdaq granted exception until September 29, 2025 to file delinquent 2024 10-K and Q1 and Q2 2025 10-Qs.","Company must submit an updated compliance plan to Nasdaq by September 4, 2025.","B. Riley expects to file 2024 10-K shortly, then Q1 and Q2 2025 10-Qs within 30-45 days after.","Notice has no immediate effect on listing; maximum 180-day cure period from initial delinquency due date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137126,"accession_number":"0001213900-25-075744","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"B. Riley reports H1 2025 net income $125-145M vs 2024 loss of $772M; debt down $600M","event_type":"earnings","confidence":"medium","bullets":["H1 2025 net income available to common shareholders $125M-$145M ($4.08-$4.74 diluted EPS); revenue $405M-$425M.","FY 2024 net loss $772.3M ($25.46 diluted loss) due to $510M impairment on Freedom/Vintage and $105.4M goodwill impairment.","Total debt reduced by $600M to $1.46B as of June 30, 2025; net debt $809M-$839M.","Executed carve-out of B. Riley Securities in March 2025; BRS Q2 2025 revenue $60.9M, GAAP net income $12.5M.","Oaktree facility amended with new investment baskets up to $100M; $126M debt reduction via bond exchanges."],"consensus_eps_estimate":null,"consensus_eps_actual":4.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":411365000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137125,"accession_number":"0001213900-25-061210","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["1.01","2.01","7.01","8.01","9.01"],"status":"ready","headline":"B. Riley sells GlassRatner for $117.8M, expects $66M gain; exchanges $28M notes for $13M new notes","event_type":"m_and_a","confidence":"high","bullets":["Sold GlassRatner advisory business to TorQuest Partners for $117.8M cash; expects ~$66M gain on sale in Q2 2025.","Exchanged $28M aggregate principal of 5-6% senior notes due 2026/2028 for $13M new 8% senior secured second-lien notes due 2028.","Issued warrants to purchase 52,000 shares of RILY common stock at $10.00 per share to the exchanging investor.","Proceeds to support growth in BRS investment bank and B. Riley Wealth Management; transition services agreement for up to 6 months.","GlassRatner recorded record results in 2024 and has ~200 employees; TorQuest Fund VI is C$2.3B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154407,"accession_number":"0001213900-25-051802","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"B. Riley gets Nasdaq extension to file delinquent 10-K and 10-Q by Sept 29, 2025","event_type":"regulatory","confidence":"high","bullets":["Received additional Nasdaq delinquency notice on June 4, 2025 for late filing of FY2024 10-K and Q1 2025 10-Q.","Nasdaq granted exception to regain compliance; all delinquent filings due on or before September 29, 2025.","No immediate effect on listing of RILY, RILYP, RILYL, RILYG, RILYK, RILYN, RILYZ, or RILYT on Nasdaq.","Company expects to return to normal filing cadence by Fall 2025.","Delays attributed to significant events and transactions completed in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154406,"accession_number":"0001213900-25-048338","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["1.01","2.03","3.01","3.02","7.01","9.01"],"status":"ready","headline":"B. Riley exchanges ~$139M notes for $93.1M new 8% notes; gets Nasdaq delinquency notice","event_type":"regulatory","confidence":"high","bullets":["Exchanged ~$139M aggregate principal of 5.00-6.00% notes due 2026-2028 for ~$93.1M of new 8.00% Senior Secured Second Lien Notes due 2028.","Issued warrants to purchase 372,268 shares of common stock at $10.00 per share in connection with the exchange.","Received Nasdaq delinquency notice for delayed 10-K (2024) and 10-Q (Q1 2025); must submit compliance plan by June 2, 2025.","Nasdaq staff may grant exception until September 29, 2025 to regain compliance; listing not immediately affected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154405,"accession_number":"0001213900-25-046915","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["3.02","5.02","7.01","9.01"],"status":"ready","headline":"B. Riley Financial appoints Scott Yessner as CFO; B. Riley Securities reports 2024 adjusted net income of $33.1M","event_type":"leadership","confidence":"high","bullets":["Scott Yessner appointed CFO effective June 3, 2025, succeeding Phillip Ahn who resigned May 16.","Yessner receives $600K base salary, target bonus $1M, signing bonus $1M, 300K options (tranches at $7/$10/$12.50) and 100K restricted shares.","B. Riley Securities (carve-out) reports 2024 adjusted net revenue $211.0M, adjusted net income $33.1M, total revenue $217.7M.","BRS raised $16.5B in debt/equity for clients in 2024; expanded Convertibles and Liability Management capabilities.","Yessner previously CFO of Funko, CEMCO (led $40M EBITDA improvement), and Universal Technical Institute ($45M EBITDA improvement)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}