B. Riley to Seek Acquisitions and Investments
January 12, 2021 at 05:38 pm
B. Riley Financial, Inc. (NasdaqGM:RILY) will look for acquisitions and investments. The company announced it has commenced an underwritten public offering of 870,000 shares of its common stock, subject to market and certain other conditions. The company expects to use the net proceeds of this offering for general corporate purposes, including funding future acquisitions and investments, making capital expenditures and funding working capital.