B. Riley submits 10-Q to "extend life" on Nasdaq, making every effort to maintain compliance after stepping on a landmine.
Zhilian Finance APP learned that B. Riley Financial Inc. (RILY.US), a U.S. financial company focusing on diversified financial services, has submitted its overdue second quarter report to the U.S. Securities and Exchange Commission (SEC), bringing the company closer to meeting the listing requirements of the Nasdaq Stock Exchange and avoiding delisting of its stock. Thanks to the delayed submission of the 10-Q report, the stock rose more than 40% in after-hours trading.
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