Binah Capital Group launched via merger of KWAC and Wentworth; ~$23B AUM, $208M EV

Binah Capital Group, Inc.

Pro forma enterprise value of $208M, AUM of ~$23B, and ~1,900 individuals across 535 offices in 50 states.
Stock begins trading on Nasdaq under BCG; warrants trade as BCGWW.
Craig Gould (former Wentworth President) named CEO; David Shane named CFO; Wentworth's senior team retained.
Four broker-dealers continue under existing brands, offering hybrid, independent RIA, and W2 advisor models.
Company plans to use public capital for strategic M&A and growth initiatives.

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