Brief: B. Riley Financial Announces Carve Out Transaction With B. Riley Securities

BRC group

11/03/2025 11:02

March 11 (Reuters) - Cascadia Investments Inc CDIV.PK:

B. RILEY FINANCIAL ANNOUNCES CARVE OUT TRANSACTION WITH B. RILEY SECURITIES

B RILEY FINANCIAL INC: TO RETAIN ABOUT 89% OWNERSHIP STAKE IN BRS WITH REMAINING SHARES EXCLUSIVELY HELD BY EMPLOYEES OF BRS

B RILEY FINANCIAL INC - TRANSACTION STRUCTURED AS A TAX-FREE SEPARATION WITH MINIMAL COSTS.

B RILEY FINANCIAL INC -  BRS COMMON STOCK WILL NOW BE QUOTED ON OTC PINK MARKET UNDER TICKER SYMBOL "BRLY."

Source text: ID:nPn20XdLFa

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