Welcome to our dedicated page for Cohen Company SEC filings (Ticker: COHN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Cohen & Company Inc. filings document a Maryland financial services company with an operating subsidiary, broker-dealer activities, asset management operations and sponsored-SPAC interests. Recent Form 8-K reports cover earnings releases, dividend announcements, material agreements, at-the-market common stock issuance arrangements, and events tied to Columbus Circle sponsor and underwriting activity.
Proxy materials describe annual meeting procedures, director and governance matters, and voting rights for common stock and Series E and Series F voting non-convertible preferred stock. Other disclosures address the Cohen & Company, LLC operating agreement, LTIP unit authorization, capital structure, Regulation FD communications and related exhibit filings.
Cohen & Company Inc. describes its operating subsidiary’s involvement in the initial public offering of Columbus Circle Capital Corp. III, a SPAC that sold 23,000,000 Units at $10.00 each for $230,000,000 in gross proceeds. The firm’s subsidiary is managing member of the SPAC sponsor, which bought 265,000 Placement Units for $2,650,000, funded entirely by third-party investors and recorded as non‑controlling interest while the sponsor stake is treated as an equity method investment.
Cohen & Company Capital Markets acted as lead underwriter and used a $3,600,000 underwriting fee to buy 360,000 additional Placement Units. A total of $230,000,000 from the IPO and private placements was placed in a trust account, generally inaccessible until a Business Combination or liquidation within 24 months. The sponsor holds 7,666,667 founder shares, with roughly 2.28 million currently allocated to Cohen’s operating subsidiary, subject to final determination at Business Combination closing.
Columbus Circle 3 Sponsor Corp LLC, together with related entities Cohen & Company, LLC and Cohen & Co Inc., reports initial beneficial ownership of 7,666,667 Class B ordinary shares of Columbus Circle Capital Corp III. These Class B shares automatically convert into Class A ordinary shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holder’s option.
The holding includes up to 1,000,000 Class B shares that may be forfeited if the underwriters of the company’s initial public offering do not fully exercise their over-allotment option. The Class B shares have no expiration date. Cohen & Company, LLC, as managing member of the sponsor, holds voting and investment discretion over the sponsor’s securities, while Cohen & Co Inc. and Cohen & Company, LLC each disclaim beneficial ownership beyond any pecuniary interest.
Cohen & Company Inc. reports that Columbus Circle Capital Corp. II, a SPAC in which its operating subsidiary is a sponsor and where its brokerage arm led the IPO underwriting, has entered into a definitive business combination agreement with Elroy Air, Inc., a developer of autonomous heavy-cargo drones. The SPAC sold 23,000,000 units in its IPO and the sponsor holds 7,666,667 founder shares, with approximately 667,000 currently allocated to Cohen & Company, LLC, subject to final allocation at closing. The deal would merge Elroy Air into a SPAC subsidiary, creating “New Elroy Air,” and is expected to close in the fourth quarter of 2026, subject to shareholder approval and customary conditions, including redemptions and regulatory clearances. The SPAC plans to domesticate from the Cayman Islands to Delaware and file a registration statement and proxy statement/prospectus for shareholders to vote on the business combination.
Cohen & Company Inc. disclosed that its broker-dealer subsidiary, Cohen & Company Securities, LLC, entered into a Fourth Amendment to its existing loan agreement with Byline Bank. The revolving credit facility remains up to $15 million, but several key terms were updated.
The amendment extends both the loan maturity and the last date for borrowing from June 18, 2026 to June 18, 2028. It also adds a covenant that a failure to maintain Excess Net Capital of at least $30 million, unless restored within two business days, will be an event of default. In addition, the required Tangible Net Worth from and after March 31, 2027 increases from $70 million to $80 million.
Cohen & Company Inc. reported the results of its 2026 annual stockholder meeting, held online. Stockholders re-elected five directors, including Daniel G. Cohen and Diana Louise Liberto, with each nominee receiving over 3.17 million votes in favor and broker non-votes of 981,292.
Investors approved an amendment to the 2020 Long-Term Incentive Plan, increasing common shares authorized for issuance from 2,500,000 to 4,500,000, and adding automatic annual increases of 9% of fully diluted common shares on July 1 from 2027 through 2030. Stockholders also ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026.
Cohen & Company Inc. filed an 8-K to furnish a new investor presentation dated May 26, 2026. The deck highlights that revenue grew from $146M in 2021 to $276M in 2025, driven largely by its investment banking franchise, which recorded a 60% revenue CAGR over that period.
The company reports 191 announced or closed investment banking transactions since 2021, including more than $81.6B in announced M&A and $25.2B in announced financing transactions. It emphasizes leadership in SPAC IPOs and De-SPAC advisory, repeat sponsor relationships, and a pipeline of capital raises and strategic combinations.
The presentation also outlines diversified activities in sales & trading and asset management, including a $3.9B institutional mortgage funding program and $1.4B of insurance-focused assets under management as of December 31, 2025. Capital structure data show cash of $19, total debt of $50, enterprise value of $107, a regular 2025 dividend of $1.00 per share, and price-to-book of 0.5x.
Cohen & Company Inc. files a Form S-3 shelf prospectus to register an aggregate of up to 600,000 shares of its common stock for resale by selling stockholders. These 600,000 shares were issued in connection with a redemption of Operating LLC units and were delivered on May 15, 2026.
The registration is a resale registration by selling stockholders (the company will not receive proceeds). The prospectus states shares may be sold at fixed, market, negotiated or other prices and that the company will pay registration expenses. Shares outstanding were stated as 2,510,655 as of May 12, 2026 for percentage calculations; last reported sale price was $13.00 on May 12, 2026.
Cohen & Company Inc. reported much stronger results for the three months ended March 31, 2026. Total revenues rose to $57.9 million from $28.7 million a year earlier, driven mainly by investment banking and new issue revenue of $45.7 million and net trading revenue of $13.2 million.
Operating income increased to $5.1 million from $0.1 million, and net income attributable to Cohen & Company Inc. grew to $1.5 million from $0.3 million. Basic earnings per share were $0.82 versus $0.19, while diluted earnings per share were $0.42.
At March 31, 2026, total assets were $684.1 million and total equity was $100.1 million. Cash and cash equivalents declined to $19.0 million, with net cash used in operating activities of $31.2 million. The company reported $1.3 billion in assets under management and continued to expand SPAC-related activities, including Columbus Circle Capital vehicles and an investment in ProCap Financial (ticker BRR).
Cohen & Company Inc. reported first quarter 2026 results and declared a quarterly dividend of $0.25 per share. Revenue was $57.9 million, driven mainly by $45.7 million from investment banking and new issue activity and $13.2 million from net trading.
Net income attributable to Cohen & Company Inc. was $1.5 million, or $0.42 per fully diluted share, compared with $0.19 per share a year earlier. Adjusted pre-tax income, a non-GAAP measure, was $4.0 million, or $0.65 per fully diluted share.
Management highlighted continued growth in the gestation repo business, which reached a $3.9 billion book size, and the completion of the sponsored SPAC Columbus Circle Capital Corp. II’s $230 million IPO. As of March 31, 2026, the company had approximately $1.3 billion of assets under management.