B. Riley Financial announces notification of delinquency with Nasdaq

B. Riley Financial (RILY) announced it received an expected delinquency notification letter from Nasdaq on August 20, 2025, which indicated that the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the company’s Form 10-Q for the period ended June 30, 2025. The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. This notification has no immediate effect on the listing of the company’s securities on Nasdaq. Nasdaq has granted the company an exception until September 29, 2025 to file its delinquent Form 10-K for the year ended December 31, 2024, its delinquent Form 10-Q for the period ended March 31, 2025 and its delinquent Form 10-Q for the period ended June 30, 2025. As a result, any additional exceptions to allow the company to regain compliance with all delinquent filings will be limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or September 29, 2025. As a result of this additional delinquency, the company must submit an update, by September 4, 2025, to its original plan to regain compliance with respect to the filing requirement.