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    B. Riley Principal 250 Merger Corp. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    12/21/22 4:05:39 PM ET
    $BRIV
    Consumer Electronics/Appliances
    Industrials
    Get the next $BRIV alert in real time by email
    0001844211 false 0001844211 2022-12-16 2022-12-16 0001844211 BRIV:UnitsEachConsistingOfOneShareOfClassCommonStockAndOnethirdOfOneRedeemableWarrantMember 2022-12-16 2022-12-16 0001844211 BRIV:ClassCommonStockParValue0.0001PerShareMember 2022-12-16 2022-12-16 0001844211 BRIV:WarrantsEachWholeWarrantExercisableForOneShareOfClassCommonStockEachAtExercisePriceOf11.50PerShareMember 2022-12-16 2022-12-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): December 21, 2022 (December 16, 2022)

     

     

     

    B. RILEY PRINCIPAL 250 MERGER CORP.

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   001-40389   85-1635003
    (State or other jurisdiction
    of incorporation)
      (Commission File Number)   (IRS Employer
    Identification No.)

     

    299 Park Avenue, 21st Floor

    New York, New York 10171

    (Address of principal executive offices, including zip code)

     

    Registrant’s telephone number, including area code: (212) 457-3300

     

    Not Applicable

    (Former name or former address, if changed since last report)

     

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant   BRIVU   The Nasdaq Stock Market LLC
    Class A common stock, par value $0.0001 per share   BRIV   The Nasdaq Stock Market LLC
    Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share   BRIVW   The Nasdaq Stock Market LLC

     

     

     

     

     

     

    Item 5.07. Submission of Matters to a Vote of Security Holders.

     

    On December 16, 2022, B. Riley Principal 250 Merger Corp. (the “Company”) held its annual meeting for 2022 (the “Annual Meeting”). At the Annual Meeting, a total of 20,265,756 (91.442%) of the Company’s issued and outstanding shares of common stock held of record as of November 10, 2022 were present virtually or by proxy. The Company’s stockholders voted on the following proposals at the Annual Meeting, each of which was described in more detail in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on November 16, 2022.

     

    1.The Director Election Proposal

     

    To elect Samuel McBride and Timothy Presutti to serve as Class I directors until the second annual meeting following the Annual Meeting or until their respective successors are duly elected and qualified. Each of Samuel McBride and Timothy Presutti was elected to serve as a Class I director until the second annual meeting following the Annual Meeting or until his successor is duly elected and qualified. Set forth below are the results of the stockholder vote for each director nominee:

     

     

    Director 

      Votes For   Votes Withheld   Broker Non-
    Votes
     
    Samuel McBride   14,221,039    2,397,908    3,646,809 
    Timothy Presutti   13,371,991    3,246,956    3,646,809 

     

    2.The Auditor Ratification Proposal

     

    To ratify the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022. The appointment of Marcum LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022 was ratified. Set forth below are the results of the stockholder vote on this proposal:

     

    Votes For   Votes Against   Abstentions
    20,247,369   11,155   7,232

     

    1

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      B. RILEY PRINCIPAL 250 MERGER CORP.
       
      By:  /s/ Daniel Shribman
        Name:  Daniel Shribman
       

    Title:

    Chief Executive Officer and
    Chief Financial Officer

     

    Dated: December 21, 2022

     

     

    2

     

     

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