EX-99.1 2 ea029472701ex99-1.htm PRESS RELEASE, DATED JUNE 15, 2026 Exhibit 99.1 FOR IMMEDIATE RELEASE BRC Group Holdings, Inc. Provides Update on SpaceX Carried Interest Position LOS ANGELES, CA - June 15, 2026 - BRC Group Holdings, Inc. (Nasdaq: RILY) (“BRC” or the “Company”) today provided supplemental information regarding its indirect economic interest in Space Exploration Technologies Corp. (“SpaceX”), following SpaceX’s initial public offering on June 12, 2026 (the “IPO”). The Company discussed this interest in its latest filing on Form 10-Q for the quarterly period ended March 31, 2026 filed on May 7, 2026 and its most recent quarterly earnings call on May 7, 2026. Between 2018 and 2021, the Company’s wealth management business facilitated client investments in SpaceX through subsidiaries of the Company that hold carried interest in certain special purpose vehicles (the “SPVs”). During this period, clients invested approximately $233 million into the SPVs. The Company’s subsidiaries’ carried interest represents a share of the returns generated on a portion of these investments. Based on SpaceX’s closing price of $160.95 per share on June 12, 2026: Gross carried …
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
BRC Group Holdings, Inc.
RILYNASDAQEQUITYCurrent
Regulation FD Disclosure
ITEM 7.01. Regulation FD Disclosure. On June 15, 2026, BRC Group Holdings, Inc. (the “Company”) issued a press release providing an update on the Company’s subsidiaries’ carried interest position in special purpose vehicles holding shares of Space Exploration Technologies Corp. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Company context
BRC Group Holdings, Inc. (NASDAQ: RILY) is a diversified holding company with operations in financial services, communications, and retail, alongside investments in equity, debt, and venture capital. Our core financial services platform provides small-cap and middle-market companies with customized end-to-end solutions at every stage of the enterprise life cycle. Our investment banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business provides financial planning services, including brokerage, investment management, insurance, and tax preparation. Our communications businesses provide consumer and business services including traditional, mobile, and cloud phone, internet and data, security, and email. Our consumer products and retail businesses provide mobile computing accessories and home furnishings. BRC Group deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brcgh.com.
Current securities
Recent company filings
- Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Regulation FD DisclosureOct 1, 2026
- 25-NSE - filed by Nasdaq Stock Market LLC regarding BRC Group Holdings, Inc.Sep 28, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsAug 28, 2026
- 13F-HR filingAug 14, 2026
- SCHEDULE 13G/A - filed by BRC Group Holdings, Inc. regarding DoubleDown Interactive Co., Ltd.Aug 14, 2026