Financing ·
Cohen & Company Inc. filed an 8-K on August 31, 2026, reporting the amendment and restatement of a Senior Promissory…
COHNCohen & Co Inc.
Cohen & Company Inc. filed an 8-K on August 31, 2026, reporting the amendment and restatement of a Senior Promissory Note with JKD Capital Partners I LTD, owned by Board member Jack J. DiMaio, Jr. The Operating LLC issued an Amended and Restated Note in the aggregate principal amount of $5,000,000, consolidating an unpaid balance of $2,625,409.50 and an additional investment of $2,374,590.50. The new note bears interest at 10% per year, payable quarterly in cash starting November 30, 2026, with a maturity date of August 31, 2027. It includes an acceleration clause upon default and prohibits the Operating LLC from incurring senior indebtedness after August 31, 2026. Cohen & Company Inc. operates as a financial services firm specializing in investment banking and capital markets advisory.