Cohen & Co Inc. - 8-K Filing
Cohen & Co Inc. filed to disclose the Fourth Amendment to its $15 million loan agreement with Byline Bank, dated June 18, 2026. The amendment extended the borrowing termination and maturity dates from June 18, 2026 to June 18, 2028, increased required Tangible Net Worth for Cohen & Company Securities, LLC from $70 million (after March 30, 2027) to $80 million starting March 31, 2027, and added a requirement that the company maintain at least $30 million in Excess Net Capital or face an event of default if not restored within two business days. (Items: 1.01 Entry into a Material Definitive Agreement, 9.01 Financial Statements and Exhibits)
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