Siebert Financial Corp. (SIEB) 8-K Summary

Material Event: Acquisition of Full Control Over Subsidiary RISE

On October 28, 2025, Siebert Financial Corp. completed the acquisition of the remaining 32% of RISE Financial Services, LLC for $3.7 million, making RISE a wholly-owned subsidiary.

• The transaction included purchasing 24% of the interests owned by Director Gloria E. Gebbia.
• The purchase price was set at the carrying value, noted as a return of capital to selling holders.
• Strategic Goal: To facilitate a capital restructuring of RISE and positi