According to @business, B. Riley filed its overdue audited 2024 results (10-K) but said it will miss Nasdaq’s September 29 deadline to file delayed quarterly reports for this year, leaving its listing in doubt. According to @business, the continued delay keeps a Nasdaq delisting overhang in place for RILY that traders must factor into risk management. According to Nasdaq, issuers that fail to timely file required periodic reports receive deficiency notices and may face suspension and delisting if compliance is not regained within the specified timelines. According to B. Riley Financial, the firm publicly engaged with Bitcoin miner Core Scientific (CORZ) via a 2022 financing proposal, highlighting RILY’s links to crypto-exposed borrowers that traders monitor.

According to @stocktalkweekly, B. Riley initiated coverage on ADTRAN (ADTN) with a Buy rating and a $16 price target, citing demand recovery after the 2023–2024 inventory correction and particularly strong European momentum, which are expected to support near-term revenue and share gains; source: B. Riley via @stocktalkweekly. B. Riley highlighted ADTRAN’s July 2022 acquisition of ADVA, which doubled total addressable market from $7B to $14B, positioning the company to leverage both access and optical product lines for cross-selling and market-share capture; source: B. Riley via @stocktalkweekly. The firm expects European service providers’ pivot away from Huawei to open incremental share opportunities for ADTRAN as one of the few turnkey communications equipment suppliers, reinforcing the growth outlook; source: B. Riley via @stocktalkweekly. Management plans to strengthen the balance sheet through sales of certain real estate and the Timing/Synchronization business, and improving profitability should enhance flexibility to retire minority share liability, addressing a noted overhang on the shares; source: B. Riley via @stocktalkweekly. The note does not reference cryptocurrencies or blockchain, indicating no direct crypto market impact is identified in this coverage initiation; source: B. Riley via @stocktalkweekly.