{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-002319","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.702973+00:00","generated_at":"2026-05-28T04:48:06.093332+00:00","sec_items":["1.01","2.03","8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"B. Riley subsidiaries close $80M amended credit facility with Banc of California","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-002319","json":"https://secwatch.observer/filing/0001213900-25-002319.json","markdown":"https://secwatch.observer/filing/0001213900-25-002319.md","text":"https://secwatch.observer/filing/0001213900-25-002319.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390025002319/0001213900-25-002319-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390025002319/ea0227255-8k_briley.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T04:48:06.093332+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}