B. Riley receives Nasdaq notice over annual report delay

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April 4, 2025 5:59 PM EDT

People walk outside the Nasdaq Marketsite in New York City, U.S., April 3, 2025. REUTERS/Brendan McDermid

(Reuters) - B. Riley Financial said on Friday it had received a delinquency notification letter from the Nasdaq following a delay in the filing of its annual report.

While the notice has no immediate effect on B. Riley's listing, the Nasdaq has informed the company that it must submit a plan by June 2 to address how it intends to regain compliance with listing rules.

The company's annual report was due on March 17.

Reuters reported in March that B. Riley co-CEO Bryant Riley has dropped plans to take the investment bank private.

(Reporting by Prakhar Srivastava in Bengaluru; Editing by Maju Samuel)


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