B. Riley Financial has received a notice from Nasdaq regarding non-compliance due to delayed filings. This situation is significant as it raises concerns about the company's financial reporting practices and could impact investor confidence. Timely and accurate filings are crucial for maintaining transparency in the financial markets, and any delays can lead to regulatory scrutiny and potential penalties.

B. Riley Financial Inc. is taking steps to maintain its listing on Nasdaq after the exchange denied its request for an extension to file overdue quarterly reports. The company plans to seek a hearing, which is crucial for its future on the stock market. This situation highlights the challenges companies face in meeting regulatory deadlines and the importance of maintaining a public listing for investor confidence.

B. Riley Financial has received a determination letter from Nasdaq regarding its compliance with listing standards and is now seeking a hearing to address the matter. This situation is significant as it highlights the ongoing challenges companies face in meeting regulatory requirements, which can impact their market standing and investor confidence.