BRC Group Holdings, Inc. 8-K

What Happened

• The company announced that, effective January 1, 2026, it filed a Certificate of Amendment changing its corporate name to BRC Group Holdings, Inc. (previously B. Riley Financial, Inc.).
• The amendment also updated the Company’s certificates of designation for its preferred stock and the company’s by‑laws. The Company entered into an Eighth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. to reflect the name change in its indenture and publicly traded senior notes.

Key Details

• Effective date: January 1, 2026.
• Preferred stock affected: 6.875% Series A Cumulative Perpetual Preferred Stock and 7.375% Series B Cumulative Perpetual Preferred Stock (certificates of designation amended).
• Senior notes updated under the supplemental indenture include the Company’s 5.00% (due 2026), 5.50% (due 2026), 6.50% (due 2026), 5.25% (due 2028) and 6.00% (due 2028) senior notes.
• Trading and certificates: shares of common and preferred stock and the senior notes will continue to trade on NASDAQ under the same ticker symbols (e.g., RILY); outstanding stock certificates remain valid and do not need to be exchanged.

Why It Matters

• This is primarily a legal/administrative change to the company name and related corporate documents; the filing does not change the economic or contractual terms of the company’s securities.
• Investors do not need to exchange physical stock certificates and should not see ticker changes or trading interruptions. The amendments ensure corporate records, by‑laws and debt instruments reflect the new corporate name.