B Riley Financial (RILY) has provided an update.
B. Riley Financial, Inc. received a notice from Nasdaq for not filing its quarterly report on time, putting it at odds with Nasdaq’s Listing Rules. The company now has 60 days to present a plan to regain compliance, potentially receiving up to 180 days to file the report and avoid any impact on its Nasdaq listing. The company has announced this development through a press release and is working to submit the overdue quarterly report as quickly as possible.
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