# EDGAR Filing Document

**Accession Number:** 0001464790
**File Stem:** 0001213900-23-015871
**Filing Date:** 2023-3
**Character Count:** 8791
**Document Hash:** 69fac7400a1fa9ea7e71a02c970c21a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-015871.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001213900-23-015871

**CONFORMED SUBMISSION TYPE**: NT 10-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**EFFECTIVENESS DATE**: 20230301

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** B. Riley Financial, Inc.
- **CENTRAL INDEX KEY:** 0001464790
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 270223495
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NT 10-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37503
- **FILM NUMBER:** 23690099

**BUSINESS ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD
- **STREET 2:** SUITE 800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** 818-884-3737

**MAIL ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD
- **STREET 2:** SUITE 800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Great American Group, Inc.
- **DATE OF NAME CHANGE:** 20090522

**UNITED STATES** <br> **SECURITIES AND EXCHANGE COMMISSION<br> WASHINGTON, D.C. 20549**

**FORM 12b-25<br> NOTIFICATION OF LATE FILING**

Commission File Number: 001-37503<br> CUSIP: 05580M 108

(Check One): ☒ Form 10-K ☐ Form 20-F ☐ Form 11-K ☐ Form 10-Q <br>☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR

For Period Ended: December 31, 2022

☐ Transition Report on Form 10-K ☐ Transition Report on Form 20-F <br>☐ Transition Report on Form 11-K ☐ Transition Report on Form 10-Q

For the Transition Period Ended:

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

**PART I – REGISTRANT INFORMATION**

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| | |
|:---|:---|
|  | B. Riley Financial, Inc. |
| Full Name of Registrant | Full Name of Registrant |
| Former Name if Applicable | Former Name if Applicable |
|  | 11100 Santa Monica Blvd.,<br> Suite 800 |
| Address of Principal Executive Office (Street and Number) | Address of Principal Executive Office (Street and Number) |
|  | Los Angeles, CA 90025 |
| City, State and Zip Code | City, State and Zip Code |

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**PART II – RULES 12b-25 (b) and (c)**

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

&nbsp;&nbsp;&nbsp;&nbsp;(a) The reason described in
 reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

☒ (b) The subject annual report, semi-annual report, transition
 report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth
 calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject
 distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed
 due date; and

(c) The accountant's
 statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

**PART III – NARRATIVE**

State below in reasonable detail why Form 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

B. Riley Financial, Inc. (the "Registrant") is unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the year ended December 31, 2022 (the "Annual Report") by March 1, 2023, the required filing date, due to delays experienced in finalizing the audit of the Registrant's financial statements. This delay resulted from the acquisition of certain operating companies during the year ended December 31, 2022, including the closing of the most recent acquisition during the fourth quarter of 2022. The Registrant is compiling the required information to complete the Annual Report and the audit of the financial statements to be included in the Annual Report. The Registrant does not anticipate any changes to the financial results for the fourth quarter and year ended December 31, 2022 disclosed in that certain Current Report on Form 8-K dated February 22, 2023. The Registrant anticipates that it will file the Annual Report no later than March 16, 2023, the fifteenth calendar day following the prescribed filing date.

**PART IV<br> OTHER INFORMATION**

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| | | | |
|:---|:---|:---|:---|
| (1) | Name and telephone number of person to contact in regard to this notification | Name and telephone number of person to contact in regard to this notification | Name and telephone number of person to contact in regard to this notification |
|  | Phillip J. Ahn | (310) | 966-1444 |
|  | (Name) | (Area Code) | (Telephone Number) |
| (2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). |
|  | ☒ Yes ☐ No | ☒ Yes ☐ No | ☒ Yes ☐ No |
| (3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? |
|  | ☒ Yes ☐ No | ☒ Yes ☐ No | ☒ Yes ☐ No |
|  | If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.<br>The Registrant issued a press release dated February 22, 2023 describing its financial results for the fourth quarter and fiscal year ended December 31, 2022. As noted above, the Registrant does not expect any changes to those financial results as reported in its press release furnished as Exhibit 99.1 to the Registrant's Current Report on Form 8-K dated February 22, 2023. | If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.<br>The Registrant issued a press release dated February 22, 2023 describing its financial results for the fourth quarter and fiscal year ended December 31, 2022. As noted above, the Registrant does not expect any changes to those financial results as reported in its press release furnished as Exhibit 99.1 to the Registrant's Current Report on Form 8-K dated February 22, 2023. | If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.<br>The Registrant issued a press release dated February 22, 2023 describing its financial results for the fourth quarter and fiscal year ended December 31, 2022. As noted above, the Registrant does not expect any changes to those financial results as reported in its press release furnished as Exhibit 99.1 to the Registrant's Current Report on Form 8-K dated February 22, 2023. |

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<u>B. Riley Financial, Inc.</u> <br> (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: March 1, 2023 | By: | /s/ Phillip J. Ahn |
|  |  | Phillip J. Ahn |
|  |  | Chief Operating Officer and<br> Chief Financial Officer |

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