Archive · 20 Sep 2025
B. Riley Files Annual Report, Delisting Risk Remains
B. Riley, a financial company, has turned in its yearly financial report.
However, it will miss the deadline to file other important reports.
Because of this, the stock exchange Nasdaq might remove B. Riley from being listed.
They have asked Nasdaq for more time.
The company lost a lot of money in 2024 and is also switching accounting firms.
They have found 'material weaknesses' in the company's controls.
The company hopes to remain listed on the exchange while these issues are resolved.
B. Riley Financial filed its overdue 2024 annual report with the SEC.
The company anticipates missing the September 29 deadline for quarterly reports.
Nasdaq may initiate delisting proceedings if quarterly reports aren't filed on time.
B. Riley will request a hearing with Nasdaq if delisting begins.
The company reported a net loss of $772 million in 2024 and is changing auditors.
- Who
- B. Riley Financial Inc.
- What
- Filed its 2024 annual report but may still face delisting from Nasdaq.
- When
- Filed annual report on Friday. Quarterly reports due September 29.
- Where
- Based in Los Angeles; filing with US SEC.
- Why
- B. Riley will miss quarterly filing deadline, potentially leading to Nasdaq delisting.
- Company
- B. Riley Financial Inc.
- Event
- Filed 2024 annual report; potential delisting
- Exchange
- Nasdaq
- Overdue Filings
- Quarterly reports for 2025
- 2024 Net Loss
- $772 million
- Auditor Change
- Marcum LLP to BDO USA