Business Context and Reporting Period
This Form 8-K, dated January 1, 2026, reports a corporate name change for BRC Group Holdings, Inc. (formerly B. Riley Financial, Inc.). The filing documents the effective date of the name change and associated amendments to corporate governance documents and debt indentures.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt balances, or liquidity metrics. This report is a current report regarding corporate structure and does not contain financial performance data.
Material Changes
- Corporate Name: Changed from "B. Riley Financial, Inc." to "BRC Group Holdings, Inc." effective January 1, 2026.
- Governance Documents: Filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation and Amendment No. 2 to the Amended and Restated By-laws to reflect the new name.
- Debt Instruments: Executed an Eighth Supplemental Indenture to update the company name in existing indentures and publicly traded senior notes (including 5.00%, 5.50%, and 6.50% Senior Notes due 2026, and 5.25% and 6.00% Senior Notes due 2028).
- Preferred Stock: Amended Certificates of Designation for the 6.875% Series A and 7.375% Series B Cumulative Perpetual Preferred Stock.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The report is strictly administrative regarding the name change.
Investor Verification Checklist
- Confirm that existing stock certificates remain valid and do not require exchange.
- Verify that trading symbols (RILY, RILYP, RILYL, RILYG, RILYK, RILYN, RILYZ, RILYT) remain unchanged on the Nasdaq Global Market.
- Review the attached Eighth Supplemental Indenture to ensure no other terms of the senior notes were altered besides the name.
- Check subsequent filings for the first financial report under the new corporate name.