{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-068514","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2026-06-15T11:40:18+00:00","discovered_at":"2026-06-15T11:45:01.501078+00:00","generated_at":"2026-06-15T11:45:15.691679+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BRC Group estimates $70.4M net carried interest from SpaceX IPO at $160.95/share","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-068514","json":"https://secwatch.observer/filing/0001213900-26-068514.json","markdown":"https://secwatch.observer/filing/0001213900-26-068514.md","text":"https://secwatch.observer/filing/0001213900-26-068514.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390026068514/0001213900-26-068514-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390026068514/ea0294727-8k_brcgroup.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T11:45:15.691679+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"}