RCI Hospitality Holdings (RICK) Fell Due to Bribery and Tax-Related Charges Against Management

3 weeks ago 11

Soumya Eswaran

Tue, February 10, 2026 astatine 8:12 AM CST 3 min read

Ace River Capital, an concern absorption company, released its fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. In Q4 2025, the Fund returned -4.55% compared to the S&P 500’s (SPX) +2.7% instrumentality and the Russell 2000’s (RTY) +2.2% return. The Fund has delivered -21.95% for the afloat twelvemonth compared to +18.0% and +12.8% returns for the indexes, respectively. The steadfast attributed the unfavorable outcomes successful the twelvemonth to valuation pressures and unsocial events. Ace River Capital is simply a highly concentrated portfolio of small- and micro-cap businesses with resilient fundamentals, a coagulated plus base, and important reinvestment potential. Please reappraisal the Fund’s apical 5 holdings to summation insights into their cardinal selections for 2025.

In its fourth-quarter 2025 capitalist letter, Ace River Capital highlighted stocks similar RCI Hospitality Holdings, Inc. (NASDAQ:RICK). Headquartered successful Houston, Texas, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) is simply a hospitality institution that owns and operates clubs and restaurants. On February 9, 2026, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) banal closed astatine $23.59 per share. One-month instrumentality of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) was -9.02%, and its shares are down 54.05% implicit the past 12 months. RCI Hospitality Holdings, Inc. (NASDAQ:RICK) has a marketplace capitalization of $205.716 million.

Ace River Capital stated the pursuing regarding RCI Hospitality Holdings, Inc. (NASDAQ:RICK) successful its 4th fourth 2025 capitalist letter:

"During the 4th quarter, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) shares declined astir 25% pursuing the filing of bribery and tax-related charges against the CEO, CFO, and different executives by the New York Attorney General successful September 2025. These developments created important ineligible and governance uncertainty and drove the banal to what I would picture arsenic situation valuation without situation operations.