Company: RILYN
Filing Date: 2025-03-14
Form Type: 8-K
Source: 0001213900-25-024189
Chunk: 1

Company: B. Riley Financial, Inc.
Filing Date: 2025-03-14
Form: 8-K
Item: Item 7.01
Chunk 1
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 executive committee of BRS.

In connection with the Transaction, Andrew Moore and
James Baker were appointed as Co-Chief Executive Officers of BRS Holdings. Following the closing of the Transaction and the grants described
above, the Company owns 89.4% of the outstanding shares of common stock of BRS Holdings.

On March 11, 2025, the Company issued a press
release announcing the closing of the Transaction. A copy of such press release is attached hereto as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated herein by reference.

The information in this Item 7.01 shall not be
deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act”), or
otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any registration statement or
other filing under the Securities Act of 1933, as amended, or the Exchange Act, except in the event that the Company expressly states
that such information is to be considered filed under the Exchange Act or incorporates it by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

  Exhibit      Description                                                                  
   Number                                                                                   
     99.1      Press Release, dated March 11,                                               
               2025, issued by B. Riley Financial, Inc.                                     
 ────────────────────────────────────────────────────────────────────────────────────────────
      104      Cover Page Interactive Data File (embedded within the Inline XBRL document)  

Cautionary Language Regarding Forward-looking
statements

This Current Report on Form 8-K contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management’s current expectations
and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect,
including the ability of BRS Holdings to successfully execute under its own operating and governance structure, our business, operating
results, financial condition, and stock price could be materially negatively affected. Investors should not place undue reliance on such
forward-looking statements, which are based on the information currently available to the Company and speak only as of the date of this
Current Report on Form 8-K. All statements other than statements of historical fact are forward-looking statements. These forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause