secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2026-06-22T20:06:11+00:00
Accession:  0001104659-26-076368
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Co Securities extends $15M loan facility to June 2028; raises net worth covenant to $80M
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- Revolving credit facility with Byline Bank extended from June 18, 2026 to June 18, 2028; total commitment remains $15M.
- Tangible Net Worth covenant increased from $70M to $80M, effective March 31, 2027.
- New Excess Net Capital (Rule 15c3-1) covenant of $30M minimum; 2 business day cure period before Event of Default.
- Borrower name changed to Cohen & Company Securities, LLC and parent to Cohen & Company Securities Holdings, L.P.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465926076368/0001104659-26-076368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465926076368/tm2618237d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-076368

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