09:16 AM EDT, 04/24/2024 (MT Newswires) -- B. Riley Financial ( RILY ) said Wednesday it has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, after a prolonged delay.

The company said it identified material weaknesses in its internal controls over financial reports that exposes it to additional risks, according to the filing.

Shares of the company soared more than 46% in recent premarket activity.

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