Cohen & Co. enters ATM equity distribution agreement for up to $75M common stock

Cohen & Co Inc.

Agreement with Northland Capital Markets and Cohen Securities as sales agents for at-the-market offerings.
Aggregate offering price up to $75,000,000 of common stock; currently limited to $13,094,305 per SEC rules.
Commission of 2.5% of gross proceeds on shares sold through each sales agent.
Prior Equity Distribution Agreement with Northland dated October 5, 2023 terminated.
Shares issued under existing shelf registration statement (File No. 333-275186).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Cohen & Co Inc. entered into Equity Distribution Agreement with Northland Securities, Inc. (trade name Northland Capital Markets) and Cohen & Company Securities, LLC valued at up to $75,000,000 (effective 2026-02-20).

Action: entry
Agreement: atm program
Counterparty: Northland Securities, Inc. (trade name Northland Capital Markets) and Cohen & Company Securities, LLC
Value: up to $75,000,000
Effective: 2026-02-20

Exact text from the filing

On February 20, 2026, Cohen & Company Inc., a Maryland corporation (the “Company”), entered into an Equity Distribution Agreement (the “Agreement”) with Northland Securities, Inc. (trade name Northland Capital Markets) (“Northland”) and Cohen & Company Securities, LLC (“Cohen Securities”), as sales agents (Cohen Securities and Northland, together, the “Sales Agent”), relating to the issuance and sale from time to time by the Company (the “ATM Program”), through the Sales Agents, of shares of the Company’s common stock, par value $0.01 per share, having an aggregate offering price of up to $75,000,000 (the “Shares”).

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Cohen & Co Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-018133

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