11TH ANNUAL ‘BIG FIGHTERS, BIG CAUSE’ CHARITY BOXING NIGHT RAISES OVER $650,000

SUGAR RAY LEONARD FOUNDATION 11^TH ANNUAL 'BIG FIGHTERS, BIG CAUSE' CHARITY BOXING NIGHT PRESENTED BY B. RILEY SECURITIES RAISES OVER $650,000 TO HELP TREAT TYPE 1 & 2 DIABETES

NICK JONAS HONORED WITH THE 2022 GOLDEN GLOVE AWARD

ACTION-PACKED EVENING FEATURED FOUR GOLDEN BOY FIGHTS,

INCLUDING GIANNIS MANOUILIDIS VS. MIGUEL MOGOLLON IN THE MAIN EVENT

For the eleventh year, B. Riley Securities presented the Sugar Ray Leonard Foundation "Big Fighters, Big Cause" Charity Boxing Night on Wednesday, May 25 at The Beverly Hilton. Actor Chris Spencer hosted the exclusive star-studded event which featured first-class entertainment, a National Anthem performance by EMPIRE Nashville recording artist Sophia Scott, four action-packed live fights presented by Golden Boy, and a live and silent auction display featuring iconic memorabilia and one-of-a-kind items and experiences.

The evening also honored GRAMMY-nominated, multi-platinum selling global superstar, actor, producer and philanthropist Nick Jonas with the 2022 Golden Glove Award. The award acknowledged Jonas' commitment to helping raise awareness for diabetes. In addition to his many accomplishments, Jonas also co-founded Beyond Type 1, a global nonprofit organization that provides education and resources to support those affected by diabetes.

While accepting the award on stage, Jonas said, "I've been living with this disease for nearly 16 years and it's been an uphill and crazy ride but I'm grateful to have good family and friends and supporters like all of you who make living with diabetes just a little bit easier. I didn't know anyone when I was first diagnosed that was living with diabetes and my only hope is and has been to try and be a face that people recognize and normalize this disease."

The event raised over $650,000, with proceeds benefiting the Sugar Ray Leonard Foundation's mission to fund life-changing research, care and awareness for pediatric type 1 and 2 diabetes, and to help children live healthier lives through diet and exercise.

Among the other celebrity guests in attendance, the Foundation welcomed Sugar Ray Leonard and Bernadette Leonard, Garcelle Beauvais, Eric Benet, Michael Buffer, Tommy Chong, Oscar De La Hoya, Bernard Hopkins, Jimmy Jam, Cookie Johnson, Daisy Lang, LL Cool J, Sergio Mora, Craig Robinson, Mia St. John, David Winfield and Sheree Zampino.

The live fights presented by Oscar De La Hoya's Golden Boy Promotions featured lightweight Nick Sullivan (6-0, 1 KO) of Norfolk, VA, defeating Tyrome Jones (6-9-1, 2 KOs) of South Bend, IN, in the main event. The exciting fight went all 4-rounds, with Sullivan winning the fight via unanimous decision. Also on the card was Dalis Kaleiopu (3-0, 3 KOs) of Waianae, HI, defeating Ceszly Collard (0-2) of Rock Springs, WY, via third-round TKO. The fight was originally scheduled to be a 4-round, super lightweight bout. Claremont, California's Ioannis Manouildis (1-0) made his pro-debut against Osmar Olmos (0-1) of Lancaster, CA, who also made his professional debut. The 4-round super lightweight fight went the distance, with Manouildis claiming the victory via unanimous decision, with scores of 40-36 from all three judges. Opening up the action was a middleweight exhibition fight between Jorge Estrada (2-0, 2 KOs) of Mexicali, MX, and Los Angeles' Hector Perez (0-1-1). The fight also went the distance in their scheduled 4-round fight, which started off the night of boxing with all-out-action for the guest in attendance.

Jonas' Villa One was the exclusive tequila sponsor of the evening. Guests were treated to Villa One's award-winning expressions of tequila in specialty craft cocktails including the "Sucker Punsche" made with Villa One Silver and "Fancy Footwork" made with Villa One Añejo. Guests also sipped on the tequila served neat - enjoying the unique flavor Villa One provides thanks to a blend of agave from the highland and lowland regions of Jalisco, Mexico. Villa One was served across all bars at the event as well as at the VIP Villa One Cocktail Bar. Before departing the event, guests were also treated to bags of Rob's Backstage Popcorn.

The event took place during B. Riley Securities' 21^st Annual Institutional Investor Conference, a two-day premier investment and networking event which brings together public and private companies with institutional investors, high-net worth individuals, and corporate clients, as well as select members of the press. Conference attendees also joined the Charity Boxing Night.

About Sugar Ray Leonard Foundation

The Sugar Ray Leonard Foundation was established in 2009 by boxing legend and six-time world champion Sugar Ray Leonard and his wife, Bernadette. The Sugar Ray Leonard Foundation is committed to funding research and care for pediatric type 1 & 2 diabetes and creates awareness for both diseases. The Foundation also strives to help children live healthier lives through diet and exercise.

Type 1 diabetes strikes both children and adults at any age. It comes on suddenly, causes dependence on injected or pumped insulin for life, and carries the constant threat of devastating complications. Type 2 diabetes in children is on the rise, fueled largely by the obesity epidemic.

Leonard draws from his personal experience and boxing career to provide inspiration for funding research to combat the disease. For more information, visit www.sugarrayleonardfdn.org. Follow on Instagram at @sugarrayleonard, Twitter at @SugarRayLeonard and Facebook at @SugarRayLeonard6.

About Golden Boy

Los Angeles-based Golden Boy was established in 2002 by Oscar De La Hoya, the first Hispanic to own a national boxing promotional company. Golden Boy is a media and entertainment brand committed to making fighting entertainment more accessible and affordable. The company's in-house production team develops creative original programming for RingTV.com and international channels across the globe. The company holds the exclusive rights to top boxers and has promoted some of the biggest and highest-grossing events in the history of the sport. Now, Golden Boy is one of the most successful boxing entertainment companies in the world and shapes the future of boxing for fighters and fans alike.

About B. Riley Securities

B. Riley Securities provides a full suite of investment banking, corporate finance, advisory, research, and sales and trading services. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring and recapitalization. B. Riley Securities is nationally recognized and highly ranked for its proprietary small-cap equity research. The firm is a wholly owned subsidiary of B. Riley Financial ("B. Riley"), which provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services. For more information, please visit www.brileyfin.com.

About Villa One

Villa One is an ultra-premium tequila founded by Nick Jonas and John Varvatos. The duo worked side by side with master distiller Arturo Fuentes, the "Godfather of Tequila" who brings more than 30 years of distilling experience. Unlike most tequilas, Villa One sources agave from both the highland and lowland regions of Jalisco, giving it a distinct and rounded profile that is offered in three expressions: Silver, Reposado, and Añejo.

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CONTACTS:

For Event Inquiries:

Caroline Stegner

Rogers & Cowan PMK

caroline.stegner@rogersandcowanpmk.com

For Sugar Ray Leonard:

Jeff Raymond / Janice Gott / Laura Potesta

Rogers & Cowan PMK

jeff.raymond@rogersandcowanpmk.com

janice.gott@rogersandcowanpmk.com

Laura.Potesta@rogersandcowanpmk.com