Business
B. Riley Will Hold its Annual Commissions for Charity Day on May 16, 2024
All trading commissions on May 16 will be donated to the Sugar Ray Leonard Foundation in support of funding research and care for childhood diabetes LOS
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"All trading commissions on May 16 will be donated to the Sugar Ray Leonard Foundation in support of funding research and care for childhood diabetes\nLOS ANGELES, May 8, 2024 /PRNewswire/ -- B. Riley Securities, a leading middle market brokerage and investment bank, together with B. Riley Financial (Nasdaq: RILY) (collectively, \"B. Riley\"), is pleased to announce that its annual Commissions for Charity Day will take place on Thursday, May 16, 2024. All trading commissions on May 16 will be donated to B. Riley's long-standing philanthropic partner – the Sugar Ray Leonard Foundation (the \"Foundation\").\n\n \n \n \n \n \n \n\n \nThe Sugar Ray Leonard Foundation has been the firm's primary philanthropic beneficiary for over 13 years. B. Riley, together with its clients, and in conjunction with its annual \"Commissions for Charity Day\" and \"Big Fighters, Big Cause\" events, has raised approximately $5 million to support the Foundation's mission to fund groundbreaking research and care for pediatric Type 1 & 2 diabetes and helping children lead healthier lifestyles through diet and exercise.\nBoxing legend and six-time world champion, Sugar Ray Leonard, said, \"This event, together with proceeds from Big Fighters, Big Cause, has enabled us to make meaningful progress in our Foundation's fight to knockout pediatric diabetes. B. Riley is a valued friend and partner whose continued generosity over the last thirteen years has been fundamental to the life-changing research and education programs that our Foundation supports.\"\nAndy Moore, CEO of B. Riley Securities, commented: \"B. Riley's annual Commissions for Charity Day reflects our support for the Sugar Ray Leonard Foundation's mission to find a cure for childhood Type 1 & 2 diabetes. We encourage clients, investors, and friends to help champion an important cause by transacting with our equity desk next Thursday the 16th, where 100% of the day's commissions will benefit the Foundation.\"\nB. Riley and The Sugar Ray Leonard Foundation will once again co-present the 13th Annual \"Big Fighters, Big Cause\" charity boxing event on Wednesday May 22 during B. Riley's 24th Annual Institutional Investor Conference in Beverly Hills. This star-studded, invitation-only event will feature first-class entertainment, a live and silent auction featuring one-of-a-kind experiences, and profess...