B. Riley Principal 250 Merger Corp.
BRIV
NASDAQ Capital Market10.19
USD
+0.03
- -
CIK
0001844211
ISIN
US05602L1044
CUSIP
05602L104
Return %
Stock
S&P500
1Y
5.00
26.53
3Y
5.76
76.60
5Y
5.76
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel Shribman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 299 Park Avenue New York City NY United States of America 10171
- IPO Date
- Jun 28, 2021
- CIK
- 0001844211
- Website
- brileyfin.com
- Similar Companies
- Business
- B. Riley Principal 250 Merger Corp is a special purpose acquisition company (SPAC) incorporated in 2020 and headquartered in New York, New York. It operates as a subsidiary of B. Riley Financial, Inc. The company does not have significant independent operations; its primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It targets established businesses with enterprise values between approximately $800 million and $2 billion, aiming to provide them access to public markets alongside leveraging the operational and strategic expertise of B. Riley Financial’s management team and board of directors. B. Riley Principal 250 Merger Corp’s latest major developments include operating as a vehicle for strategic business combinations and public market access for mid-sized companies. It remains active in the SPAC market, part of B. Riley’s suite of blank-check companies. It continues to leverage the broader B. Riley Financial network's financial advisory capabilities for mergers and acquisitions, including tailored solutions for corporate divestitures, private equity exits, and buy-side acquisitions. The company is listed on the NASDAQ under the ticker BRIVU and has been involved in fundraising rounds typical of SPAC entities, including a $250 million IPO offering to finance its merger activities. The company serves clients primarily in the financial services and corporate advisory sectors through its parent entity, B. Riley Financial, which provides diversified financial services including investment banking, asset appraisal, retail liquidation, and wealth management. B. Riley Principal 250 Merger Corp operates within the U.S. market but its strategic focus on mergers and acquisitions facilitates cross-industry and potentially multi-regional growth opportunities. It is led by executives who also hold senior positions at B. Riley Financial, ensuring aligned strategic oversight and integration with the parent company’s extensive financial services infrastructure. In essence, B. Riley Principal 250 Merger Corp functions as a focused SPAC designed to identify and merge with mid-cap companies seeking public market entry and operational growth support. Its main service offering is the facilitation of business combinations, asset acquisitions, and restructurings using the financial backing and expertise of B. Riley Financial, positioning it as a strategic vehicle in the SPAC and financial advisory ecosystem since its founding in 2020. This description reflects the company’s core activities as a financial and strategic merger entity operating under B. Riley Financial’s broader platform with no stand-alone product manufacturing or service lines but with a clear emphasis on corporate transactional services and capital market facilitation for target businesses.