regulatory
confidence high
sentiment negative
materiality 0.70
B. Riley receives Nasdaq delinquency notice for late Q2 2025 10-Q; exception until Sept 29
BRC Group Holdings, Inc.
- 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.
item 3.01item 9.01