News
News
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Jan 15, 2021
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has closed an underwritten registered public offering of 1,413,045 shares of its common stock, which...
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Jan 13, 2021
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it priced an underwritten registered public offering of 1,228,735 shares of its common stock at a price...
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Jan 12, 2021
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten public offering of 870,000 shares of its common stock (the "Offering"),...
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Jan 12, 2021Forecasts Q4 Net Income of $162-$167M vs. Prior Guidance of $109-$112M, Q4 EPS of $6.18-$6.38 vs. Prior Guidance of $4.15-$4.27, Q4 Operating Adjusted EBITDA of $120-$125M vs. Prior Guidance of $100-$105M, Q4 Total Adjusted EBITDA of $253-$260M vs. Prior Guidance of $175-$180M
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or "the Company") today announced certain preliminary estimates for the fourth quarter and full year 2020 ending December 31, 2020. Fourth...
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Jan 11, 2021B. Riley to purchase remaining shares of National Holdings at $3.25 per share; Transaction expected to be immediately accretive
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services and business advisory company, has entered a definitive agreement to acquire National Holdings Corporation...
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Jan 11, 2021
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the declaration of cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP)...
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Dec 17, 2020Q4 2020 net income guidance range of $109 to $112 million, or $4.15 to $4.27 per diluted share; Adjusted EBITDA of $175 to $180 million, and Operating adjusted EBITDA of $100 to $105 million
B. Riley Financial, Inc. (NASDAQ: RILY) today released guidance for the fourth quarter and full year 2020 ending December 31, 2020. Forecasted Fourth Quarter 2020 Results Net income guidance range...
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Dec 2, 2020Addition of Justice clothing brand enhances B. Riley's existing brand investment holdings
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced it has acquired significant interest in clothing...
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Nov 18, 2020Focus Will Be on Developing and Maintaining Relationships with Middle Market Private Equity Firms and Alternative Capital Managers
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced the launch of B. Riley Financial Sponsors Group....
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Nov 17, 2020Combined Company Renamed “Eos Energy Enterprises, Inc.”
NEW YORK and EDISON, N.J., -- B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) (“BMRG”), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial,...
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Nov 12, 2020Business Combination Expected to Close November 16th, Subject to Satisfaction of Closing Conditions
B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) ("BMRG" or the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq:...
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Nov 10, 2020Stockholders Redeem 37% of Total Public Shares Outstanding
B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) (the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) ("B....
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Nov 5, 2020
B. Riley Principal Merger Corp. II (NYSE: BMRG) ("BMRG" or the "Company") announced today that it intends to voluntarily transfer the listing of its shares of common stock and warrants to The...
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Nov 5, 2020Veteran Experts Dan Ruskin and Don Weathers Join B. Riley Advisory to Focus on Operational Improvement Practice Targeting Industrial Manufacturers
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced the launch of B. Riley Operations Management...
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Nov 4, 2020B. Riley Advisory Services de Mexico. S. de R.L. to be Led by Seasoned Executive Gaston Mauvezin
B. Riley Advisory Services, a specialty financial advisory services firm and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced the opening of an office in Mexico. B. Riley...
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Oct 29, 2020Q3 2020 Consolidated Revenues of $226.3 million and Net Income of $47.3 million, or $1.75 per Diluted Share
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced results for the third quarter ended September 30, 2020. Third Quarter 2020 Financial Highlights GAAP...
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Oct 23, 2020Management to host conference call on Thursday, October 29, 2020 at 4:30 p.m. ET
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") will hold a conference call on Thursday, October 29, 2020 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the third...
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Oct 20, 2020Performance Ratings, Analytics, and Context for every CEO, CFO, and Director
New York, N.Y. [October 20, 2020] – Boardroom Alpha Inc.(“Boardroom”), today announced the launch of its revolutionary analytics platform that sets the standard for the assessment of public...
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Oct 8, 2020
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend for the Company's 6.875% Series A...
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Oct 7, 2020Chuck Hastings, B. Riley Wealth Management CEO, joins the Board of Directors and Jon Merriman, B. Riley Financial's CBO, joins the advisory board
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced a strategic investment in IQvestment Holdings, an...
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Oct 6, 2020New Subsidiary Will Focus on Later-Stage Private Growth Companies
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced it is launching a new line of business, B. Riley...
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Sep 21, 2020
B. Riley Wealth Management, Inc., a full service private wealth and investment services firm and subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley"), today announced that Edward J....
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Sep 16, 2020Event to be Held on September 23, 2020; 100% of Profits Raised will Support Two Important Philanthropies
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced its annual "Commissions for Charity Day," which...
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Sep 14, 2020Adopts B. Riley Brand Names to Drive Marketing Realignment and Greater External Consistency Among Affiliated Companies
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a leading business advisory and financial services company, today announced it has adopted new brand names across its...
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Sep 11, 2020Initial In-Store Discounts of Up to 30%-Off Leading Kitchenware, Cooking, Baking and Home Goods;
B. Riley Financial, Inc.'s (NASDAQ:RILY) ("B. Riley") Great American Group, SB360 Capital Partners and Tiger Capital Group today announced that store closing sales started August 28th at an...
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Sep 9, 2020Announcement of Orders for 1 GWh and 500 MWh Energy Storage Projects
EDISON, N.J.--(BUSINESS WIRE)--Eos Energy Storage (“Eos”), a leading manufacturer of safe, low-cost, and long-duration zinc hybrid cathode (Znyth™) battery energy storage systems, today...
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Sep 4, 2020Depositary Shares Represent an Interest in 7.375% Series B Cumulative Perpetual Preferred Stock
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the closing of its previously announced underwritten registered public offering of 1,300,000 depositary...
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Sep 1, 2020Depositary Shares Represent an Interest in 7.375% Series B Cumulative Perpetual Preferred Stock
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced the pricing of its underwritten registered public offering of 1,300,000 depositary shares at an initial public...
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Sep 1, 2020
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has commenced an underwritten registered public offering of depositary shares, each representing 1/1000th...
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Aug 13, 2020After Stein Mart's Chapter 11 filing, Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial's Great American Group and SB360 Capital Partners have been assigned to manage the going out of business sale process.
On August 12, 2020, Stein Mart filed for Chapter 11 reorganization and authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital...
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Aug 6, 2020Great American Global Partners and Hilco Industrial to sell equipment from the world's leading provider of entertainment and event technology solutions
Great American Global Partners, Inc. (GA Global) and Hilco Industrial, LLC (Hilco) today announced that the firms will conduct a live virtual public auction of Production Resource Group, LLC's...
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Jul 30, 2020Total Quarterly Dividend of $0.35 per Common Share to be Paid to Stockholders of Record as of August 14, 2020 on August 28, 2020
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced results for the second quarter ended June 30, 2020. Second Quarter 2020 Financial Highlights GAAP consolidated...
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Jul 28, 2020Initial Discounts of Up to 60% Off Women's Apparel, Accessories and Shoes; B. Riley Financial's Great American Group and Tiger Capital Group to Lead Store Closing Sales Event
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley") affiliate, Great American Group, and Tiger Capital Group today announced that store closing sales have begun at all New York & Company retail...
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Jul 23, 2020Management to host conference call on Thursday, July 30, 2020 at 4:30 p.m. ET
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") will hold a conference call on Thursday July 30, 2020 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the second quarter...
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Jul 20, 2020
LOS ANGELES, July 20, 2020 — B. Riley (NASDAQ: RILY) today announced the addition of two seasoned veterans, Jim Clamage and Jason Strominger, to the firm’s Institutional Equity Sales team....
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Jul 13, 2020
LOS ANGELES, July 13, 2020 – B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley” or the “Company”), a diversified financial services and business advisory company, rings the Nasdaq...
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Jul 8, 2020
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend for the Company's 6.875% Series A...
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Jul 2, 2020
B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced it has entered an agreement to purchase 900,000 shares of its common stock at $22.00 per share for a total...
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Jun 25, 2020
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced Randall ("Randy") E. Paulson was elected to its Board of Directors, effective June 18, 2020. Paulson serves as...
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Jun 25, 2020Top brands available at liquidation discounts as family-owned retailer shutters 107 of its remaining locations; social distancing guidelines to be followed
With retailers resuming in-store operations following the months-long COVID-19 pause, shoppers from across the Northeast and Mid-Atlantic will find liquidation discounts on top-name sporting...
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Jun 24, 2020- Proposed transaction to result in Eos becoming a publicly listed company
B. Riley Principal Merger Corp. II (NYSE: BMRG, BMRG WS, BMRG.U) ("BRPM II"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley...
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Jun 23, 2020- Acquisition enhances B. Riley platform and expands financial advisory consulting services and capabilities
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company") today announced it has completed an acquisition of substantially all of the assets of Alderney Advisors, LLC ("Alderney"), a...
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Jun 17, 2020Gordon Brothers, Hilco Merchant Resources, Great American Group, and Tiger Group to Manage Store Closing Sales
Boston, MA, June 17, 2020 (GLOBE NEWSWIRE) -- A team of disposition firms consisting of Gordon Brothers, Hilco Merchant Resources, Great American Group (a B. Riley Financial company), and Tiger...
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Jun 16, 2020Online Auction to include Medical Technology Device Manufacturing Equipment, Laboratory Assets, Microscopes, Laser Systems, and more
GA Global Partners today announced that it will conduct an online public auction of the assets of Second Sight Medical Products, Inc. on June 25, 2020. Second Sight, a developer and manufacturer...
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Jun 16, 2020
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley") and its subsidiary, B. Riley Capital Management, LLC, a shareholder of Spok Holdings, Inc. (NASDAQ:SPOK) ("Spok" or the "Company"), today...
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Jun 10, 2020Live Virtual Auction on June 23-25, 2020 to Include Fabrication Facilities, Robotic Welding Cells, Plate Bending Rolls, Trucks & Trailers and more
GA Global Partners, LLC, Myron Bowling Auctioneers, Capital Recovery Group, LLC, PPL Group, and Terra Point today announced that the firms will conduct a real-time virtual public auction of the...
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Jun 10, 2020B. Riley Financial's Great American Group to Lead Tuesday Morning's Store Closing Sales Event
Store closing sales have begun at a select group of approximately 130 of Tuesday Morning's 687 retail locations across the United States. Tuesday Morning's limited store closing sales event is...
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Jun 2, 2020Virtual Auction to include Complete Field Systems, Team Memorabilia, Helmets, Uniforms, Practice Equipment, Video Cameras, and more
GA Global Partners today announced that it will conduct a public auction of the assets of the Arena Football League (the "AFL") by order of the U.S. Bankruptcy Court. This timed online auction...
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May 29, 2020
B. Riley Principal Merger Corp. II (NYSE: BMRG.U) (the "Company") announced today that, commencing on or about June 3, 2020, the holders of the Company's units (the "Units") may elect to...
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May 27, 2020Live Virtual Webcast Auction on June 4 to include Metal Fabrication Equipment, Material Handling, Steel Inventory, Trucks, Trailers, and More
GA Global Partners, LLC today announced that it will conduct a live virtual public auction of the assets of Steel Partners on June 4, 2020. The auction will feature Steel Partners' metal...