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Stocks/RILYL/SEC Filings/8-K Nov 5, 2026

RILYL 8-K: Divestiture

Filed with the SEC on Nov 5, 2026 ยท accession 0001213900-26-116361

RILYL filed a 8-K (current report) with the SEC on Nov 5, 2026. BRC Group Holdings sold its remaining membership interests in Great American Holdings, LLC to affiliates of Oaktree Capital Management for $62.25 million in cash, with approximately $51.7 million used to repay term-loan debt. The stock moved -3.1% by the first close after the filing.

Summary of the filing

BRC Group Holdings sold its remaining membership interests in Great American Holdings, LLC to affiliates of Oaktree Capital Management for $62.25 million in cash, with approximately $51.7 million used to repay term-loan debt. Concurrently, the company entered into Amendment No. 7 to its credit agreement, obtaining a $26.5 million incremental term loan.

For details, click here โ†’How to read a 8-K โ†’

Key details

Total cash consideration for remaining equity interest in Great American$62.3M
Portion of proceeds used to repay term-loan indebtedness$51.7M
Incremental term loan under Amendment No. 7$26.5M
Registrant/sellerBRC Group Holdings, Inc.
Divested entityGreat American Holdings, LLC
Purchaser/lenderOaktree Capital Management, L.P.
Seller subsidiaryBRF Finance Co., LLC
Seller subsidiary/borrowerBR Financial Holdings, LLC

How RILYL stock reacted

Close before

$7.50

Nov 4, 2026

First close after

-3.07%

$7.27

5 trading days

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Since filing

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Frequently asked questions

What did RILYL file with the SEC on Nov 5, 2026?

RILYL filed a 8-K (Divestiture). BRC Group Holdings sold its remaining membership interests in Great American Holdings, LLC to affiliates of Oaktree Capital Management for $62.25 million in cash, with approximately $51.7 million used to repay term-loan debt. Concurrently, the company entered into Amendment No. 7 to its credit agreement, obtaining a $26.5 million incremental term loan.

What does a divestiture mean for RILYL stock?

A contract important enough that investors need to know about it โ€” a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value โ€” results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did RILYL stock react to this filing?

RILYL closed at $7.50 before the filing and $7.27 on Nov 5, 2026 (-3.07%).

Other RILYL SEC filings

  • 8-K ยท SEC filingNov 5, 2026
  • 10-Q ยท SEC filingNov 5, 2026
  • 8-K ยท AcquisitionOct 28, 2026

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Source: SEC EDGAR filing 0001213900-26-116361. The summary and key details are extracted by SEPT from the filing and may contain errors. Price reaction uses daily closing prices. Not financial advice.