B. Riley Financial Inc. (NASDAQ: RILY ) announced it received a delinquency notification letter from Nasdaq on August 20, 2025, for failing to comply with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Form 10-Q for the period ended June 30, 2025. The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The notification has no immediate effect on the listing of the company's securities on Nasdaq. Nasdaq has granted B. Riley Financial an exception until September 29, 2025, to file its delinquent Form 10-K for the year ended December 31, 2024, its delinquent Form 10-Q for the period ended March 31, 2025, and its delinquent Form 10-Q for the period ended June 30, 2025. Any additional exceptions to allow the company to regain compliance with all delinquent filings will be limited to a maximum of 180 calendar days from the due date of the initial delinquent filing, or September 29, 2025.