secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001104659-24-001800
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Co. amends $4.5M promissory note with board member; maturity extended to 2026, rate raised to 12%
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- Operating subsidiary Cohen & Company, LLC amended $4.5M senior promissory note held by JKD Capital Partners I LTD (owned by director Jack DiMaio).
- Maturity date extended from January 31, 2024 to January 31, 2026; redemption/prepayment dates extended to January 31, 2025.
- Interest rate increased from 10% to 12% per annum effective January 31, 2024.
- No other changes to note terms; amendment executed January 5, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465924001800/0001104659-24-001800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465924001800/tm242125d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-001800

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