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BRC Group Holdings, Inc.
BRC Group Holdings (RILY) has entered into a definitive agreement to acquire Sangoma Technologies for an enterprise value of approximately $204 million. Sangoma shareholders will receive $4.925 in cash and 0.04767 BRC shares per share, with Sangoma expected to delist from Nasdaq and TSX upon the transaction's completion. The deal, aimed at expanding BRC's communications portfolio and recurring cash flow, is expected to close in January 2027.…more
BRC Group Holdings, Inc.
Nasdaq has determined to delist the common stock of BRC Group Holdings, Inc. (RILY) and has issued a notification. Trading of the company's shares will be suspended effective before the market opens on November 22, 2024. This action marks the formal initiation of delisting procedures from the Nasdaq exchange.…more
BRC Group Holdings, Inc.
BRC Group Holdings, Inc., B. Riley Securities, Inc., and Bryant Riley have entered into a joint filing agreement regarding their collective ownership of preferred stock and underlying common stock of MGT Investments, Inc. The agreement was formally executed on September 11, 2026.…more
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BRC Group to Acquire Sangoma Technologies for $204 Million
BRC Group has reached a definitive agreement to acquire Sangoma Technologies in a transaction valued at approximately $204 million. Sangoma shareholders will receive a combination of cash and BRC stock, and the company will be delisted upon completion of the deal.…more