Form 8-K

8-K — BRC Group Holdings, Inc.

Accession: 0001213900-26-066858

Filed: 2026-06-09

Period: 2026-06-03

CIK: 0001464790

SIC: 6282 (INVESTMENT ADVICE)

Item: Unregistered Sales of Equity Securities

Documents

8-K — ea0293590-8k_brcgroup.htm (Primary)

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8-K — CURRENT REPORT

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 3, 2026

BRC Group Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-37503

27-0223495

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

11100 Santa Monica Blvd., Suite 800

Los Angeles, CA 90025

310-966-1444

(Address, Including Zip Code, and Telephone Number,

Including Area Code, of Registrant’s Principal Executive Offices)

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

RILY

Nasdaq Global Market

Depositary Shares (each representing 1/1000th of a share of 6.875% Series A Cumulative Perpetual Preferred Stock)

RILYP

Nasdaq Global Market

Depositary Shares (each representing 1/1000th of a share of 7.375% Series B Cumulative Perpetual Preferred Stock)

RILYL

Nasdaq Global Market

5.00% Senior Notes due 2026

RILYG

Nasdaq Global Market

6.50% Senior Notes due 2026

RILYN

Nasdaq Global Market

5.25% Senior Notes due 2028

RILYZ

Nasdaq Global Market

6.00% Senior Notes due 2028

RILYT

Nasdaq Global Market

Not applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 3.02. Unregistered Sale of Equity Securities.

BRC Group Holdings, Inc. (the

“Company”) is making this disclosure under this Item 3.02 since its unregistered

sales of equity securities, in the aggregate since its last report filed under this Item 3.02 or its Quarterly Report on Form 10-Q filed

May 7, 2026, exceeds 5% of the Company’s total number of shares of common stock (“Common Stock”) outstanding as of May

5, 2026.

On May 14, 2026 and June 4,

2026, the Company issued shares of Common Stock in privately negotiated transactions (together, the “3(a)(9)

Exchanges”) that were not registered under the Securities Act of 1933 (the “Securities

Act”).

On May 14, 2026, the Company

agreed to issue 1,129,918 shares of Common Stock to DBA Trading, LLC, an institutional accredited investor (the “Investor”),

in exchange for 339,449 units of the 6.50% Senior Notes due 2026 (RILYN), 19,654 units of the 5.0% Senior Notes due 2026 (RILYG), 20,332

units of the 6.00% Senior Notes due 2028 (RILYT) and 28,742 units of the 5.25% Senior Notes due 2028 (RILYZ) (together, the “May

14 3(a)(9) Notes”).

On June 4, 2026, the Company

issued 930,765 shares of Common Stock to the Investor in exchange for 193,187 units of the 6.50% Senior Notes due 2026 (RILYN), 150,823

units of the 5.0% Senior Notes due 2026 (RILYG), 10,000 units of the 6.00% Senior Notes due 2028 (RILYT) and 17,883 units of the 5.25%

Senior Notes due 2028 (RILYZ) (together, the “June 3 3(a)(9) Notes” and together

with the May 14 3(a)(9) Notes, the “Exchanged Senior Notes”).

In connection with each of

the 3(a)(9) Exchanges, the Exchanged Senior Notes were cancelled, resulting in aggregate cancellation of 780,070 units of Exchanged Senior

Notes.

The

Company did not receive any cash proceeds as a result of the 3a9 Exchanges. The issuance of the shares of the Common Stock was made by

the Company pursuant to the exemption from the registration requirements of the Securities Act contained in Section 3(a)(9) of such act

on the basis that these offers constituted an exchange with an existing holder of the Company’s securities, and no commission or

other remuneration was paid to any party for soliciting such exchange. This current report on Form 8-K does not constitute an offer to

exchange any securities of the Company for the Common Stock or other securities of the Company.

As of June 4, 2026, the Company’s total number

of shares of Common Stock outstanding was 40,194,696.

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BRC Group Holdings, Inc.

By:

/s/ Scott Yessner

Name:

Scott Yessner

Title:

EVP & CFO

Date: June 9, 2026

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Entity Registrant Name

BRC Group Holdings, Inc.

Entity Central Index Key

0001464790

Entity Tax Identification Number

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Entity Incorporation, State or Country Code

Entity Address, Address Line One

11100 Santa Monica Blvd.

Entity Address, Address Line Two

Suite 800

Entity Address, City or Town

Los Angeles

Entity Address, State or Province

Entity Address, Postal Zip Code

90025

City Area Code

310

Local Phone Number

966-1444

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Common Stock, par value $0.0001 per share

Title of 12(b) Security

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Trading Symbol

RILY

Security Exchange Name

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Depositary Shares (each representing 1/1000th of a share of 6.875% Series A Cumulative Perpetual Preferred Stock)

Title of 12(b) Security

Depositary Shares (each representing 1/1000th of a share of 6.875% Series A Cumulative Perpetual Preferred Stock)

Trading Symbol

RILYP

Security Exchange Name

NASDAQ

Depositary Shares (each representing 1/1000th of a share of 7.375% Series B Cumulative Perpetual Preferred Stock)

Title of 12(b) Security

Depositary Shares (each representing 1/1000th of a share of 7.375% Series B Cumulative Perpetual Preferred Stock)

Trading Symbol

RILYL

Security Exchange Name

NASDAQ

5.00% Senior Notes due 2026

Title of 12(b) Security

5.00% Senior Notes due 2026

Trading Symbol

RILYG

Security Exchange Name

NASDAQ

6.50% Senior Notes due 2026

Title of 12(b) Security

6.50% Senior Notes due 2026

Trading Symbol

RILYN

Security Exchange Name

NASDAQ

5.25% Senior Notes due 2028

Title of 12(b) Security

5.25% Senior Notes due 2028

Trading Symbol

RILYZ

Security Exchange Name

NASDAQ

6.00% Senior Notes due 2028

Title of 12(b) Security

6.00% Senior Notes due 2028

Trading Symbol

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Security Exchange Name

NASDAQ

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