BRC Group Holdings, Inc. 8-K

What Happened BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) filed an 8-K on February 10, 2026 to update Item 7 (MD&A) and Item 8 (Financial Statements) of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the 2024 Form 10-K, originally filed September 19, 2025). The filing retrospectively recasts the financial information for the two most recent annual periods to present the results of its Financial Consulting segment — specifically the GlassRatner and Farber businesses — as discontinued operations. This action was taken in connection with the company’s Form S-1 registration statement (No. 333-293348). The company states this is not an amendment or restatement of the 2024 Form 10-K beyond the specified recast.

Key Details

• 8-K filed: February 10, 2026; original 2024 Form 10-K filed: September 19, 2025.
• Scope: Retrospective recast of the two most recent annual periods in the 2024 Form 10-K (to present GlassRatner and Farber as discontinued operations).
• Accounting treatment: GlassRatner and Farber results will be shown as discontinued operations in the recast MD&A and financial statements.
• Exhibits: Recast sections are included as an exhibit to the 8-K and the filing includes the auditor’s consent.

Why It Matters Classifying GlassRatner and Farber as discontinued operations changes how historical revenues, expenses and profits are presented: those businesses’ results will be separated from continuing operations in the recast 2023–2024 financials, which can affect year-over-year comparisons and metrics investors use to evaluate ongoing business performance. The company emphasizes this is a retrospective presentation under scaled disclosure rules for smaller reporting companies and not a broader restatement; investors should review the recast MD&A and financial statements (exhibit filed with the 8-K) to see the detailed impact on prior-period results.