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B. Riley Financial files mixed shelf

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B. Riley Financial files mixed shelf

B. Riley Financial Inc. filed a registration statement related to the sale of up to $250 million of securities from time to time.

The filing covers the sale of common stock, preferred stock, warrants, debt securities and units.

B. Riley expects to use the net proceeds from the sale of the securities for capital expenditures, working capital and other general corporate purposes. Pending any specific application, the company may initially invest the net proceeds in short-term marketable securities.