Cohen & Co Inc. (COHN) Form 8-K — Jun 22, 2026
Cohen & Company Inc. announced an amendment to its subsidiary's $15 million loan agreement with Byline Bank, extending the maturity date by two years to June 18, 2028. The Fourth Amendment modifies the Third Amended and Restated Loan Agreement previously entered into by Cohen & Company Securities, LLC. Alongside the maturity extension, the lender increased the tangible net worth requirement from $70 million to $80 million effective March 31, 2027.
Key figures
- Debt Amount
- $15,000,000
- Maturity Date
- June 18, 2028
- Excess Net Capital Covenant
- $30,000,000
- Tangible Net Worth Covenant Future
- $80,000,000
- Tangible Net Worth Covenant Current
- $70,000,000
Price after filing
1 day: -2.0%7 days: -2.3%30 days: +8.2%
Close on the filing date to close N calendar days later (from $12.30). Historical, not a forecast.
AI analysis
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