ChainCatcher news, according to Bloomberg, informed sources revealed that U.S. authorities are investigating the investment bank B. Riley Financial Inc. for its transactions with a significant client related to securities fraud, as well as the use of that client's assets to help the investment bank secure loans from Nomura Holdings Inc.A spokesperson for the U.S. Securities and Exchange Commission declined to comment, noting that the investigation is still in its early stages. The agency's review does not necessarily imply that anyone has engaged in any wrongdoing, nor does it guarantee that legal action will be taken, and Nomura Securities is not the focus of the investigation. A spokesperson for B. Riley stated in an email that they have not received any information from the SEC regarding this matter and that they will fully cooperate if the SEC conducts an investigation.

ChainCatcher news, according to official sources, Wu Jihan's mining company Bitdeer Technologies Group has released a prospectus, planning to issue up to 150 million Class A common shares, with a par value of $0.0000001 per share, for resale from time to time by B. Riley Principal Capital II, LLC of Delaware. The shares included in this prospectus consist of Class A common shares, and Bitdeer may, at its discretion, issue and sell Class A common shares to B. Riley Principal Capital II from time to time under the Common Stock Purchase Agreement signed on August 8, 2023, after the publication of this prospectus.In addition, Bitdeer stated: "We will not sell any securities under this prospectus, nor will we receive any proceeds from the resale of our Class A common shares by holders of the sold securities. However, under the purchase agreement, we may choose to sell our Class A common shares to B. Riley Principal Capital II after the publication of this prospectus, thereby obtaining total proceeds of up to $150,000,000."

ChainCatcher news, according to SEC regulatory documents, Bitdeer has signed a common stock purchase agreement with B. Riley Primary Capital II, granting the right to sell up to $150 million of Class A common stock to B. Riley Primary Capital II.It is reported that B. Riley Financial is extensively involved in the investment and mergers of cryptocurrency mining listed companies. It is also one of the largest creditors of Core Scientific and signed a $100 million equity transaction agreement with Iris Energy in 2022.ChainCatcher previously reported that a judge in Texas will approve a $70 million loan from B. Riley Commercial Capital to the bankrupt Bitcoin mining company Core Scientific.

ChainCatcher News: A judge in Texas will approve a $70 million loan from B. Riley Commercial Capital to the bankrupt Bitcoin mining company Core Scientific, agreeing to establish an official committee to represent shareholders' interests in the bankruptcy case, and awaiting the committee's budget. A corresponding hearing will be held on Friday to discuss the appointment of the shareholders' committee, and there must also be an agreement on the final budget for the DIP financing.Earlier reports indicated that in early February, Core Scientific reached a new $70 million loan agreement with B. Riley. (CoinDesk)

ChainCatcher news, according to The Block, Bitcoin mining company Core Scientific has reached a new $70 million loan agreement with B. Riley to replace the $75 million debtor-in-possession (DIP) loan obtained from convertible noteholders as part of its pre-arranged bankruptcy deal. The court will hold a hearing today to decide whether to approve the application. (source link)

Chain Catcher news, according to CoinDesk, Bitcoin mining company Iris Energy has signed a $100 million equity deal with investment bank B. Riley, which will purchase 25 million shares of Iris Energy stock over the next 24 months starting from Friday.It is reported that after the completion of this round of transactions, B. Riley will hold 31% of Iris Energy's shares. (Source link)