---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035953"
form_type: "8-K"
ticker: "BCG"
cik: "0001953984"
company_name: "Binah Capital Group, Inc."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T14:05:11.036333+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-035953
- form_type: 8-K
- ticker: BCG
- cik: 0001953984
- company_name: Binah Capital Group, Inc.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1953984/000110465924035953/0001104659-24-035953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1953984/000110465924035953/tm249045d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035953
- JSON: https://secwatch.observer/filing/0001104659-24-035953.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035953.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.