secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001104659-22-121286
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

INSU Acquisition Corp. III to liquidate; Cohen & Co expects $960K loan loss in Q4 2022
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- INSU Acquisition Corp. III will dissolve and liquidate by Dec 22, 2022; redeeming Class A shares at ~$10.09/share.
- Cohen & Co subsidiary loaned $960K to the SPAC; expects no repayment and will record expense in Q4 2022.
- SPAC sponsors, including Cohen-managed entities, waived redemption rights on Class B shares.
- Trading of INSU common stock, units, and warrants will cease as of Dec 21, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465922121286/0001104659-22-121286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465922121286/tm2231211d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-121286

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