secwatch.observer — SEC 8-K summary
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Issuer:     Cohen & Co Inc. (COHN)
CIK:        0001270436
Form:       8-K
Filed at:   2026-08-31T20:05:24+00:00
Accession:  0001104659-26-103870
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohen & Company restructures $5M related-party note, extends maturity to Aug 2027
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- Original $5,145,926.67 note from Sep 2024 replaced with $5,000,000 Amended and Restated Senior Promissory Note.
- Unpaid principal and interest of $2,625,409.50 plus $2,374,590.50 new cash from investor = $5,000,000 total.
- New note matures Aug 31, 2027; 10% interest payable quarterly starting Nov 30, 2026; default rate 11%.
- Investor JKD Capital Partners I LTD is owned by board member Jack J. DiMaio, Jr. and his spouse; related-party transaction.
- No prepayment before Jan 31, 2027; after that allowed with 31 days' notice; note is senior, no senior debt after Aug 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1270436/000110465926103870/0001104659-26-103870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1270436/000110465926103870/tm2624009d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-103870

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