| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 05/19/2014 | 3. Issuer Name and Ticker or Trading Symbol B. Riley Financial, Inc. [ RILY ] | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock with a par value of $0.0001 per share | 2,000,000 | D(1)(2) | |
| Common Stock with a par value of $0.0001 per share | 100,000 | D(2)(3) | |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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| Explanation of Responses: |
| 1. These securities are held of record by DJ Fund Investments, LLC - Series E ("DJ Fund"). Fred Goldman ("Goldman") and Michael LaRocque ("LaRocque"), both natural persons, are managers of DJ Fund. Daniel Asher ("Asher"), a natural person, is a member and holder of less than 50% of the membership interests of DJ Fund. DJ Fund, Goldman, LaRocque and Asher have entered into an informal unwritten agreement that provides Asher with investment and voting power over the securities. By virtue of these relationships, Goldman, LaRocque and Asher may be deemed to have voting and investment power over the securities held by DJ Fund and as a result may be deemed to have beneficial ownership over such securities. Both Goldman and LaRoque disclaim beneficial ownership of the securities. |
| 2. This Form 3 is being jointly filed by DJ Fund, Goldman, LaRocque and Asher (collectively, the "Reporting Persons"). The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose, except to the extent of its or his pecuniary interest therein, if any, or actual ownership of such securities, if any. |
| 3. These securities were purchased on May 5, 2016 through, and are held of record in, a brokerage account at Equitec Proprietary Market, LLC in Asher's name. |
| Remarks: |
| Fred Goldman and Michael LaRocque disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest therein, if any, or actual ownership of such securities, if any. |
| DJ Fund Investments, LLC - Series E By Its Manager, Fred Goldman /s/ Fred Goldman | 07/12/2016 | |
| /s/ Daniel Asher | 07/12/2016 | |
| /s/ Fred Goldman | 07/12/2016 | |
| /s/ Michael LaRocque | 07/12/2016 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
