B. Riley Financial (RILY) Prices 1.23M Share Common Offering at $46/Sh

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Go back to B. Riley Financial (RILY) Prices 1.23M Share Common Offering at $46/Sh

B. Riley Financial Announces Pricing of Common Stock Offering

January 13, 2021 7:00 AM EST

LOS ANGELES, Jan. 13, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it priced an underwritten registered public offering of 1,228,735 shares of its common stock at a price to the public of $46.00 per share (the "Offering"), for gross proceeds of approximately $56.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriter a 30-day option to purchase up to an additional 184,310 shares of common stock in connection with the Offering at the public offering... More