January 17, 2021

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B. Riley Monetary Announces Pricing of Common Stock Featuring

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LOS ANGELES, Jan. 13, 2021 /PRNewswire/ — B. Riley Monetary, Inc. (NASDAQ: RILY) (“B. Riley” or the “Enterprise”) these days declared that it priced an underwritten registered community presenting of 1,228,735 shares of its popular stock at a cost to the community of $46.00 for every share (the “Presenting”), for gross proceeds of roughly $56.5 million, prior to deducting underwriting bargains and commissions and estimated supplying expenditures payable by the Firm. The Organization has granted the underwriter a 30-working day possibility to acquire up to an more 184,310 shares of frequent stock in connection with the Providing at the community supplying cost, fewer underwriting savings and commissions. Sure of the Company’s officers, administrators and personnel have agreed to buy an aggregate of 149,670 shares in this providing at the public featuring value. The giving is expected to near on January 15, 2021, issue to customary closing disorders.

The Firm expects to use the internet proceeds of this presenting for basic corporate functions, which includes funding long run acquisitions and investments, creating funds expenses and funding doing work money.

B. Riley Securities, Inc. is acting as sole e book-operating supervisor for the featuring.

The shares of widespread inventory will be made available less than the Firm’s shelf registration assertion on Variety S-3, which was declared efficient by the Securities and Exchange Fee (“SEC”) on February 24, 2020. The giving will be produced only by indicates of a prospectus nutritional supplement and accompanying base prospectus.

Copies of the preliminary prospectus nutritional supplement and the accompanying base prospectus may perhaps be received on the SEC’s web-site at www.sec.gov, or by calling B. Riley Securities by telephone at (703) 312-9580, or by emailing [email protected].

This push release shall not constitute an offer you to provide or the solicitation of an supply to get, nor shall there be any sale of these securities in any condition or jurisdiction in which these types of offer you, sale or solicitation would be unlawful prior to registration or qualification beneath the securities guidelines of any this kind of condition or jurisdiction.

About B. Riley Monetary, Inc. (NASDAQ: RILY)
B. Riley Economical, Inc. delivers collaborative economic products and services alternatives personalized to in shape the capital raising, enterprise, operational, and monetary advisory needs of its clientele and companions. B. Riley operates through quite a few subsidiaries which provide a varied range of complementary stop-to-conclusion abilities spanning financial commitment banking and institutional brokerage, non-public prosperity and investment decision administration, corporate advisory, restructuring, due diligence, forensic accounting, litigation help, appraisal and valuation, and auction and liquidation solutions. Sure registered affiliate marketers of B. Riley originate and underwrite senior secured financial loans for asset-wealthy firms. B. Riley also can make proprietary investments in firms and property with eye-catching return profiles.

Ahead-Looking Statements
Statements in this press release that are not descriptions of historical details are ahead-looking statements that are based on management’s existing anticipations and assumptions and are subject matter to dangers and uncertainties. If these threats or uncertainties materialize or this kind of assumptions verify incorrect, our business enterprise, running outcomes, economic problem and inventory cost could be materially negatively affected. You ought to not location undue reliance on these kinds of ahead-hunting statements, which are primarily based on the details currently available to us and converse only as of the date of this push launch. These forward on the lookout statements include, but are not constrained to, statements concerning the phrases and problems and timing of the frequent stock giving and the meant use of proceeds. For the reason that these forward-searching statements include recognized and unknown dangers and uncertainties, there are important factors that could cause precise outcomes, activities or developments to differ materially from people expressed or implied by these forward-wanting statements. Components that could bring about actual success to vary include things like (without the need of limitation) the risk that the common inventory giving will not be consummated at the envisioned time, on the predicted phrases, or at all and the Firm’s financial effectiveness and those people threats explained from time to time in B. Riley’s periodic filings with the SEC, including, with out limitation, the threats explained in B. Riley’s Yearly Report on Kind 10-K for the yr ended December 31, 2019 under the captions “Possibility Things” and “Management’s Dialogue and Evaluation of Monetary Issue and Results of Operations.” Added facts is also set forth in our Quarterly Experiences on Kind 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. These factors should be thought of thoroughly, and visitors are cautioned not to location undue reliance on these forward-looking statements. All information and facts is existing as of the day this push launch is issued, and B. Riley undertakes no obligation to update this info.

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Relevant One-way links

www.brileyfin.com

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