{"filings":[{"id":1416000,"accession_number":"0001213900-26-075019","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-07-02T20:30:42+00:00","items":["5.02"],"status":"ready","headline":"BRC Group Holdings waives holdback release for CEO Bryant Riley for H1 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Compensation Committee waived Section 3.2 of Employment Agreement with Bryant Riley.","20% of compensation held back; Q1 and Q2 2026 holdback amounts released early.","Release due to exemplary performance in first half of fiscal 2026.","Holdback account otherwise remains in effect for future periods."],"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":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1038836,"accession_number":"0001213900-26-068514","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-06-15T11:40:18+00:00","items":["7.01","9.01"],"status":"ready","headline":"BRC Group estimates $70.4M net carried interest from SpaceX IPO at $160.95/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross carried interest ~$84.2M, net ~$70.4M based on SpaceX closing price of $160.95 on June 12, 2026.","Clients invested ~$233M into SPVs (2018-2021); carried interest is share of returns on portion of that.","Each $5 change in SpaceX share price changes net carried interest by ~$2.3M.","Amounts preliminary; subject to lock-up restrictions expiring through remainder of 2026.","Value ultimately realized may be materially less; no assurance of any proceeds."],"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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":947567,"accession_number":"0001213900-26-066858","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-06-09T21:00:15+00:00","items":["3.02"],"status":"ready","headline":"BRC Group Holdings issues 2.06M shares to cancel 780,070 units of senior notes in private exchange","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On May 14 and June 4, 2026, issued 2,060,683 shares of common stock to DBA Trading LLC for 780,070 units of senior notes.","Exchanged notes: 6.50% Notes due 2026 (RILYN), 5.00% Notes due 2026 (RILYG), 6.00% Notes due 2028 (RILYT), 5.25% Notes due 2028 (RILYZ).","Senior notes canceled; no cash proceeds; Section 3(a)(9) exemption claimed.","As of June 4, 2026, total shares outstanding were 40,194,696."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":667919,"accession_number":"0001213900-26-061025","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2026-05-26T20:15:28+00:00","items":["5.07"],"status":"ready","headline":"BRC Group annual meeting re-elects all 7 directors, ratifies BDO as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected with >11.4M votes for; broker non-votes ~9.5M on each.","Ratification of BDO USA as auditor for FY2026 passed with 21.7M for, 287k against.","Advisory vote on executive compensation approved with 10.7M for, 1.7M against, 82k abstain.","Meeting held May 19, 2026; results filed on May 26, 2026."],"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":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"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","summary_kind":"llm","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,"calibrated_materiality_score":0.85,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.2,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.25,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.35,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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+","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.55,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.5,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.25,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.15,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.5,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.5,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.7,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.9,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","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","summary_kind":"llm","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,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154404,"accession_number":"0001213900-25-029055","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["2.06","3.01","8.01","9.01"],"status":"ready","headline":"B. Riley reports $68M-$74M impairment at Nogin, Nasdaq non-compliance notice; sells wealth mgmt unit for $26M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Impairment charge $68M-$74M on Nogin goodwill/intangibles; Nogin assigned assets to creditors on March 31, 2025.","Nasdaq notified B. Riley for late 10-K filing; must submit plan by June 2, 2025; extension to Sept 29 possible.","Completed sale of wealth management unit to Stifel on April 4; received $26M cash for 36 advisors with ~$4B AUM.","Remaining wealth management unit has ~240 advisors with ~$15B AUM as of March 31, 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":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154403,"accession_number":"0001213900-25-027230","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"B. Riley exchanges ~$123M in 2026 notes for $87.7M of 8% secured notes due 2028 and common stock warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchanged $86.3M of 5.50% Senior Notes due March 2026 and $36.7M of 5.00% Senior Notes due Dec 2026 for $87.7M of 8.00% Senior Secured Second Lien Notes due January 2028.","The Exchanged Notes were cancelled upon closing on March 26, 2025.","Issued warrants to purchase 351,012 shares of common stock at $10.00 per share to the investor.","New notes are secured on a second lien basis, guaranteed by certain subsidiaries, and mature January 1, 2028.","Interest on new notes at 8.00% per annum, payable semi-annually starting October 31, 2025."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172983,"accession_number":"0001213900-25-024189","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["5.02","8.01","7.01","9.01"],"status":"ready","headline":"B. Riley Financial completes carve-out of B. Riley Securities; retains ~89% ownership; BRS trades OTC under BRLY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["BRS completed tax-free merger with Cascadia (OTC: CDIV), becoming separate entity with own governance.","BRS common stock to be quoted on OTC Pink under ticker 'BRLY'.","B. Riley Financial retains ~89% ownership; remaining shares held by BRS employees via RSAs and former Cascadia shareholders.","Andrew Moore (Chairman & Co-CEO) and James Baker (Co-CEO) appointed to lead BRS; BRS is debt-free.","BRS board: five members, four appointed by BRF; two independent directors to be appointed within 30 days."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172982,"accession_number":"0001213900-25-021827","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["1.01","2.01","7.01","9.01","6.01"],"status":"ready","headline":"B. Riley completes sale of Atlantic Coast Recycling for ~$70M; expects Q1 gain of ~$30M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Cash proceeds of ~$70 million; initial investment was ~$39 million.","Expected Q1 2025 gain of ~$30 million from the sale.","Approximately $22.6 million used to repay Oaktree credit facility; balance reduced to ~$139 million.","Transaction closed on March 3, 2025."],"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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172981,"accession_number":"0001213900-25-020254","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-03-04T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"B. Riley secures $160M Oaktree credit facility with warrants at $5.14/share","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$125M initial term loan (3-yr maturity) + $35M delayed draw (June 30, 2025) from Oaktree.","Proceeds used to repay existing Nomura credit facility, fund JOANN liquidation costs, and working capital.","Interest at SOFR+8.00% (SOFR loans) or Base Rate+7.00%; closing fee 3%/2%, exit fee 5%.","Warrants to Oaktree for 1,832,290 shares (6% fully diluted) at $5.14 per share; anti-dilution up to 19.9%.","Liquidity covenant: maintain at least $50M ($25M if outstanding ≤ $62.5M)."],"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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172980,"accession_number":"0001213900-25-019417","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"B. Riley prelim Q4 net income $48M-$68M (incl disc ops); continuing ops loss ($178M)-($187M)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income available to common shareholders $48M-$68M ($1.57-$2.22 diluted); includes ~$236M-$247M discontinued ops from Great American sale.","Net loss from continuing ops ($178M)-($187M), with $73M-$79M goodwill/intangibles impairments and $49M trading/investment losses.","Operating adjusted EBITDA from continuing ops expected $12M-$14M; total debt $1.78B; net debt $991M, down $221M from Q3.","Reduced debt >$700M since Jan 2024; retired Nomura facility; cash $257M incl $101M restricted for redeemed Feb 2025 senior notes.","Company says unusual legal/transaction/restructuring fees should decline in 2025; core B. Riley Securities had strong December."],"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,"calibrated_materiality_score":0.75,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172979,"accession_number":"0001213900-25-017086","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"B. Riley Financial regains Nasdaq compliance after filing delayed Q3 10-Q","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Filed Q3 10-Q on Feb 21, 2025; Nasdaq had granted exception to file by Feb 17.","Nasdaq warned on Feb 19 that trading would be suspended Feb 28 absent appeal.","On Feb 24, Nasdaq confirmed compliance with Listing Rule 5250(c)(1); matter closed.","Previously missed Q2 and Q3 10-Q deadlines; delisting risk now resolved."],"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":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172978,"accession_number":"0001213900-25-002319","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2025-01-10T23:59:59+00:00","items":["1.01","2.03","8.01"],"status":"ready","headline":"B. Riley subsidiaries close $80M amended credit facility with Banc of California","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New five-year $80M term loan due Jan 6, 2030; proceeds used to repay prior debt and for working capital.","Interest rate of Term SOFR + 2.75%-3.50% (current margin level 3.25%); quarterly principal payments of $4M.","Incremental term loan capacity of up to $40M available under same terms.","Credit secured by substantially all assets of borrowers and pledges of equity; financial covenants apply.","Amendment No. 6 to existing credit agreement permits BRPI to contribute Lingo equity to BRPAC."],"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":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190001,"accession_number":"0001213900-24-108360","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"B. Riley extends term loan springing maturity to Feb 2026, permits additional $10M telecom financing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 5 extends springing maturity of term loans to Feb 3, 2026 if more than $25M of March 2026 bonds outstanding.","Permits up to $10M additional telecommunications financing under certain conditions.","No fee charged in connection with the Fifth Amendment.","Credit Agreement originally dated Aug 21, 2023, provides $500M secured term loan and $100M revolver."],"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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190000,"accession_number":"0001213900-24-102939","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"B. Riley receives Nasdaq notice for late Q2 and Q3 2024 filings; must submit compliance update by Dec 5, 2024","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified B. Riley on Nov 20, 2024 of non-compliance with Listing Rule 5250(c)(1) due to late quarterly reports.","Company must submit an update to its compliance plan by December 5, 2024; Nasdaq can grant exception until Feb 17, 2025.","Delays attributed to significant events and transactions in 2024; company expects to return to normal filing cadence in 2025.","The notice has no immediate effect on listing of securities on Nasdaq."],"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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189999,"accession_number":"0001213900-24-100986","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["1.01","2.01","7.01","9.01","6.01"],"status":"ready","headline":"B. Riley closes Great American Group sale to Oaktree for ~$200M cash; expects $235M Q4 gain","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Oaktree affiliates paid ~$200M for a 52.6% stake in Great American NewCo; B. Riley retains ~44.2% of common units and ~93.2% of Class B preferred.","B. Riley used ~$93M of proceeds to pay down its Nomura credit facility, reducing the balance to $125M.","B. Riley expects to record a ~$235M gain on the transaction in Q4 2024 financial results.","The Great American Group operates as an independent business providing valuation, appraisal, asset disposition and real estate services.","B. Riley retains Class B Preferred Units with initial liquidation preference of ~$183M and about 47% of common units."],"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,"calibrated_materiality_score":0.8,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189998,"accession_number":"0001213900-24-097582","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"B. Riley Financial files Form 12b-25 for late Q3 2024 10-Q","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filed Notification of Late Filing on Form 12b-25 with SEC on November 13, 2024 for quarter ended September 30, 2024.","Form 12b-25 includes estimates of results of operations and financial condition for Q3 2024, but specific figures not provided in the 8-K.","Company expects to file delinquent 10-Q within extension period allowed under Rule 12b-25.","Late filing may trigger negative market reaction given B. Riley's recent financial challenges."],"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,"calibrated_materiality_score":0.6,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189997,"accession_number":"0001213900-24-093703","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.06","7.01","9.01"],"status":"ready","headline":"B. Riley records additional ~$120M impairment after Franchise Group files Ch. 11","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Franchise Group, including Freedom VCM, filed for Chapter 11 on Nov 3, 2024.","Additional non-cash impairment of ~$120M on Freedom VCM equity investment and Vintage loan receivable.","Company monetized >$500M of assets; sold majority stake of Great American (raises ~$400M) and Stifel transaction (raises $30-40M).","Expects Nomura facility paid down to $125M by end of November; foresees >$300M cash and $500M investments after further asset sales.","CEO states no equity recovery expected for FRG investors including B. Riley shareholders."],"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":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189996,"accession_number":"0001628280-24-044609","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["1.01","2.01","7.01","9.01"],"status":"ready","headline":"B. Riley secures $236M in cash from brand asset sale; proceeds to pay down debt","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Received $189M net from transferring brand interests (Hurley, Justice, Scotch & Soda, etc.) to securitization vehicle.","bebe sold bebe and Brookstone brands for $47M in net cash proceeds.","Total cash proceeds of $236M will be used to pay down senior secured debt and deleverage balance sheet.","Company also expects sale of majority stake in Great American Group in late November.","Chairman outlines renewed focus on growth in core financial services operating businesses."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189995,"accession_number":"0001213900-24-092356","cik":1464790,"company_name":"BRC Group Holdings, Inc.","ticker":"RILY","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"B. Riley discloses chairman's unauthorized share pledges, prior filings understated","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bryant R. Riley pledged total 5,804,124 shares to Axos Bank, not 4,389,553 as reported.","Additional pledges made without required approval under company's insider trading policy.","Proxy statements (2020, 2023, 2024) and Form 10-K amendments understated pledged shares.","Board authorized Audit Committee investigation; Winston & Strawn LLP hired as independent counsel.","Board approved Audit Committee's remedial and personnel actions; Riley and Kelleher recused."],"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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":391727761.21764135,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-10-30T23:59:59+00:00|189995"}