LOS ANGELES , March 26, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("BRF" or the "Company"), a diversified financial services company, today announced it has entered into a privately negotiated exchange agreement (the "Agreement") with an institutional investor, which will reduce the Company's total outstanding debt by approximately $35 million.
B. Riley Securities (BRS) to Serve Distinct Needs of Companies Across Middle Market Segments Well Capitalized and Debt Free, BRS to Benefit from Separate Operating and Governance Structures B. Riley Financial to Retain ~89% Ownership Stake in BRS with Remaining Shares Exclusively Held by Employees of BRS in Form of Restricted Stock Awards and Certain Existing Shareholders of Cascadia LOS ANGELE...
B. Riley's Q4 preliminary income showed significant losses from continuing operations but slightly positive adjusted EBITDA, which caused a positive aftermarket stock price reaction. Recent positive developments include regaining Nasdaq compliance, securing a $160M loan from Oaktree, redeeming senior notes, and causing a potential short squeeze on RILY shares. Looking at the trends in baby bond...
B. Riley Financial, Inc. (NASDAQ:RILY ) Q4 2024 Earnings Conference Call March 3, 2025 4:30 PM ET Company Participants Bryant Riley - Co-Founder, Chairman & Co-CEO Phillip Ahn - CFO and COO Conference Call Participants Amer Tiwana - Imperial Capital Operator Good morning, and welcome to the B. Riley Financial Preliminary Fourth Quarter Earnings Results Conference Call.
Net Income Available to Common Shareholders Expected to be in Range of $48 million to $68 million, or $1.57 to $2.22 Per Diluted Net Income per Common Share LOS ANGELES , March 3, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.
Shares of the investment bank B. Riley Financial (RILY 18.26%) had exploded nearly 19% higher at 10:30 a.m.
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