Financing ·
BRC Group Holdings, Inc. disclosed in an 8-K filing on June 3, 2026, that its unregistered sales of equity securities…
RILYBRC Group Holdings, Inc.
BRC Group Holdings, Inc. disclosed in an 8-K filing on June 3, 2026, that its unregistered sales of equity securities exceeded unregistered sales threshold of 0.5% of total common stock outstanding. The company issued 1,129,918 shares of Common Stock to DBA Trading, LLC in exchange for 780,070 units of various senior notes (6.50% due 2026, 5.00% due 2026, 6.00% due 2028, and 5.25% due 2028) through two separate 3(a)(9) exchanges. The company did not receive any cash proceeds from these exchanges. BRC Group Holdings, Inc. is a financial services company providing real estate and asset-based lending.