B Riley Financial Faces Nasdaq Delinquency Notification

An announcement from B Riley Financial ( (RILY) ) is now available.

On May 21, 2025, B. Riley Financial entered into a private exchange transaction with an institutional investor, exchanging approximately $139 million of its senior notes for $93.1 million of newly-issued 8.00% Senior Secured Second Lien Notes due 2028. This transaction included the issuance of warrants to purchase shares of the company’s common stock and a registration rights agreement. Additionally, B. Riley Financial received a delinquency notification from Nasdaq due to delayed financial filings, with a deadline to submit a compliance plan by June 2, 2025. The notice does not immediately affect the company’s Nasdaq listing, and B. Riley is working to file the necessary reports to regain compliance.

Spark’s Take on RILY Stock

According to Spark, TipRanks’ AI Analyst, RILY is a Neutral.

B Riley Financial’s overall score reflects a struggling financial performance with ongoing losses and high leverage. Despite positive steps in corporate restructuring and partnerships aimed at reducing debt and enhancing growth, the technical indicators suggest bearish sentiment, and valuation metrics highlight profitability challenges. Addressing Nasdaq compliance and ensuring operational stability are critical for future improvement.

To see Spark’s full report on RILY stock, click here.

More about B Riley Financial

B. Riley Financial (BRF) is a diversified financial services company that provides tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. The company offers a range of services including investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. BRF also invests opportunistically to benefit its shareholders and originates and underwrites senior secured loans for asset-rich companies.

Average Trading Volume: 987,412

Technical Sentiment Signal: Sell

Current Market Cap: $96.68M

For an in-depth examination of RILY stock, go to TipRanks’ Stock Analysis page.