Cohen & Co Inc. Files 8-K

TL;DR

Cohen & Co Inc. filed an 8-K on June 18, 2024, for a material agreement and financial exhibits.

AI Summary

Cohen & Company Inc. filed an 8-K on June 18, 2024, reporting an entry into a material definitive agreement and filing financial statements and exhibits. The filing does not contain specific details about the agreement or financial figures within the provided text.

Why It Matters

This filing indicates a significant event for Cohen & Company Inc., potentially involving a new material agreement or updated financial disclosures that could impact investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not contain information suggesting immediate or significant risk.

Key Players & Entities

• Cohen & Company Inc. (company) — Registrant
• June 18, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share COHN The NYSE American S
• $15 million — time, in the aggregate amount of up to $15 million.Further, as previously disclosed, on De

Filing Documents

• tm2417095d1_8k.htm (8-K) — 31KB
• tm2417095d1_ex10-1.htm (EX-10.1) — 27KB
• 0001104659-24-072840.txt ( ) — 234KB
• cohn-20240618.xsd (EX-101.SCH) — 3KB
• cohn-20240618_lab.xml (EX-101.LAB) — 33KB
• cohn-20240618_pre.xml (EX-101.PRE) — 22KB
• tm2417095d1_8k_htm.xml (XML) — 4KB

01

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on June 9, 2023, J.V.B. Financial Group, LLC (the "Borrower"), a Delaware limited liability company and a broker dealer indirect subsidiary of Cohen & Company Inc., a Maryland corporation, entered into the Third Amended and Restated Loan Agreement (the "Loan Agreement"), with Byline Bank, as lender (the "Lender"), and the Borrower as borrower, pursuant to which, among other things, the Lender agreed to make loans to Borrower, at the Borrower's request from time to time, in the aggregate amount of up to $15 million.Further, as previously disclosed, on December 22, 2023 and effective December 21, 2023, the Borrower and the Lender entered into the First Amendment to Third Amended and Restated Loan Agreement, pursuant to which both the maturity date and the final date upon which loans could be made under the Loan Agreement were extended to June 18, 2024. On June 18, 2024, the Borrower and the Lender entered into the Second Amendment to Third Amended and Restated Loan Agreement (the "Amendment"), pursuant to which both the maturity date and the final date upon which loans can be made under the Loan Agreement were extended from June 18, 2024 to June 18, 2025. Except as described herein, no other changes were made to the Loan Agreement pursuant to the Amendment. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1* Second Amendment to Third Amended and Restated Loan Agreement, dated June 18, 2024, by and between J.V.B. Financial Group, LLC and Byline Bank. 104 Cover Page Interactive Data File (Embedded within the inline XBRL document.) * Filed electronically herewith.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COHEN & COMPANY INC. Date: June 18, 2024 By: /s/ Joseph W. Pooler, Jr. Name: Joseph W. Pooler, Jr. Title: Executive Vice President, Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR