Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 28

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 to $40,000 for the period March 10, 2025 to June 30, 2025 and reduced back to $25,000 from July 1, 2025 until the maturity date. The senior secured revolving credit bears interest at the Term SOFR rate, as defined in the agreement, plus an applicable rate of 4.75% per annum.The carrying value and outstanding principal balances of the GA Holdings loan receivable was $4,700 and $1,698 as of June 30, 2025 and December 31, 2024, respectively. On October 16, 2025, all outstanding amounts due and owing under this facility were repaid in full to BRF and the facility was terminated.GA Joann Retail Partnership, LLC Loan ReceivableOn February 27, 2025, BRF, along with other lenders, entered into a credit agreement with GA Joann Retail Partnership, LLC (“Joann Retail”) for an aggregate commitment of $52,000, of which BRF is committed to $24,653. The 

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credit agreement bears interest at 10.00% to be paid monthly as payment-in-kind and capitalized into the outstanding principal balance and has a maturity date of November 26, 2025. This loan receivable was paid in full on April 7, 2025.

(k) Securities and Other Investments Owned and Securities Sold Not Yet PurchasedThe Company’s securities and other investments owned and securities sold not yet purchased consisted of the following as of June 30, 2025 and December 31, 2024:June 30,2025December 31,2024Securities and other investments owned:Securities and other investments owned at fair value:Equity securities$116,655 $165,408 Corporate bonds33,252 29,027 Other fixed income securities159 4,923 Partnership interests and other22,069 15,867        Total securities and other investments owned at fair value:172,135 215,225 Equity securities valued under the measurement alternative70,217 67,100 Total securities and other investments owned$242,352 $282,325 Securities sold not yet purchased:Equity securities$10,411 $— Corporate bonds420 1,891 Other fixed income securities1,516 3,784        Total securities sold not yet purchased$12,347 $5,675 Sec