0001213900-23-045913.txt : 20230602 0001213900-23-045913.hdr.sgml : 20230602 20230602193912 ACCESSION NUMBER: 0001213900-23-045913 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230602 FILED AS OF DATE: 20230602 DATE AS OF CHANGE: 20230602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RILEY BRYANT R CENTRAL INDEX KEY: 0001207269 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40389 FILM NUMBER: 23990855 MAIL ADDRESS: STREET 1: C/O B. RILEY FINANCIAL, INC. STREET 2: 21255 BURBANK BLVD, SUITE 400 CITY: WOODLAND HILLS STATE: CA ZIP: 91367 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: B. Riley Financial, Inc. CENTRAL INDEX KEY: 0001464790 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40389 FILM NUMBER: 23990858 BUSINESS ADDRESS: STREET 1: 11100 SANTA MONICA BLVD STREET 2: SUITE 800 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 818-884-3737 MAIL ADDRESS: STREET 1: 11100 SANTA MONICA BLVD STREET 2: SUITE 800 CITY: LOS ANGELES STATE: CA ZIP: 90025 FORMER NAME: FORMER CONFORMED NAME: Great American Group, Inc. DATE OF NAME CHANGE: 20090522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: B. RILEY PRINCIPAL INVESTMENTS, LLC CENTRAL INDEX KEY: 0001776226 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40389 FILM NUMBER: 23990856 BUSINESS ADDRESS: STREET 1: 11100 SANTA MONICA BLVD. STREET 2: SUITE 800 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 818-884-3737 MAIL ADDRESS: STREET 1: 11100 SANTA MONICA BLVD. STREET 2: SUITE 800 CITY: LOS ANGELES STATE: CA ZIP: 90025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: B. Riley Principal 250 Sponsor Co., LLC CENTRAL INDEX KEY: 0001844155 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40389 FILM NUMBER: 23990857 BUSINESS ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: FLOOR 21 CITY: NEW YORK STATE: NY ZIP: 10171 BUSINESS PHONE: (212) 457-3300 MAIL ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: FLOOR 21 CITY: NEW YORK STATE: NY ZIP: 10171 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: B. Riley Principal 250 Merger Corp. CENTRAL INDEX KEY: 0001844211 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 851635003 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: FLOOR 21 CITY: NEW YORK STATE: NY ZIP: 10171 BUSINESS PHONE: (212) 457-3300 MAIL ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: FLOOR 21 CITY: NEW YORK STATE: NY ZIP: 10171 4 1 ownership.xml X0407 4 2023-06-02 1 0001844211 B. Riley Principal 250 Merger Corp. BRIV 0001464790 B. Riley Financial, Inc. 11100 SANTA MONICA BOULEVARD, SUITE 800 LOS ANGELES CA 90025 1 0 1 0 0001844155 B. Riley Principal 250 Sponsor Co., LLC C/O B. RILEY PRINCIPAL 250 MERGER CORP. 299 PARK AVENUE, 21ST FLOOR NEW YORK NY 10171 1 0 1 0 0001776226 B. RILEY PRINCIPAL INVESTMENTS, LLC C/O B. RILEY FINANCIAL, INC. 11100 SANTA MONICA BOULEVARD, SUITE 800 LOS ANGELES CA 90025 1 0 1 0 0001207269 RILEY BRYANT R C/O B. RILEY PRINCIPAL MERGER 250 CORP. 299 PARK AVENUE, 21ST FLOOR NEW YORK NY 10171 1 0 1 0 0 Class B. Common Stock 2023-06-02 4 D 0 1 D Class A Common Stock 1 0 I By B. Riley Principal 250 Sponsor Co. LLC On April 21, 2023, the Issuer announced that its board of directors had determined to redeem all of its outstanding shares of Class A common stock sold in the Issuer's initial public offering (the "Public Shares"), effective as of May 4, 2023, because the Issuer will not be able to consummate an initial business combination within the time period required by its amended and restated certificate of incorporation. As of the close of business on May 4, 2023, the Public Shares were deemed cancelled and represented only the rights to receive the per-share redemption price. In connection with the redemption of the Public Shares and anticipated dissolution of the Issuer, on May 4, 2023, B. Riley Principal 250 Sponsor Co., LLC (the "Sponsor") forfeited to the Issuer for no consideration 4,312,499 shares of Class B common stock and 600,000 shares of Class A common stock. In connection with the dissolution of the Issuer, on June 2, 2023, the Sponsor surrendered to the Issuer one share of Class B common stock. B. Riley Principal Investments, LLC ("BRPI") is the managing member of B. Riley Principal 250 Sponsor Co., LLC (the "Sponsor") and is a wholly-owned subsidiary of B. Riley Financial, Inc. ("BRF"). BRPI and BRF had voting and dispositive power over the securities held by the Sponsor. Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. Bryant R. Riley is also the Chairman of the Board of Directors of the Issuer. As a result, each of BRPI, BRF and Bryant R. Riley may be deemed to have indirectly beneficially owned the securities directly held the Sponsor. Each of BRPI, BRF and Bryant R. Riley disclaimed beneficial ownership over any securities directly held by the Sponsor other than to the extent of its/his respective pecuniary interest therein, directly or indirectly. The shares of Class B common stock were convertible for shares of the Issuer's Class A common stock at the time of the Issuer's initial business combination as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333- 253464) (the "Registration Statement") and had no expiration date. The Sponsor, BRPI and BRF may be deemed directors by deputization by virtue of their representation on the board of directors of the Issuer. Bryant R. Riley is Chairman of the board of directors of the Issuer. /s/ Bryant R. Riley for B. Riley Financial, Inc. Name: Bryant R. Riley Title: Co-Chief Executive Officer 2023-06-02 /s/ Phillip Ahn for B. Riley Principal 250 Sponsor Co. LLC Name: Phillip Ahn Title: Managing Member 2023-06-02 /s/ Kenneth Young for B. Riley Principal Investments LLC Name: Kenneth Young Title: Chief Executive Officer 2023-06-02 /s/ Bryant R. Riley Name: Bryant R. Riley 2023-06-02