Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 84

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 84
---
  The Company recognized a net increase in additional paid-in capital of $645, a net decrease in AOCI of $14, and a decrease in non-controlling interest of $631.  See note 16. 
 ● The Company recorded a decrease in cash flow from operations for non-cash advisory revenue of $20,867, which resulted in an increase in other investments, at fair value.  
 ●The Company recorded a decrease in equity method affiliates of $9,669 and an increase in other investments, at fair value of $12,530, and an increase of $2,861 in other investments, sold not purchased, resulting from an in-kind distribution from equity method affiliates.
 ●In connection with the issuance of the 2024 Note, the Company recorded a reduction in the redeemable financial instrument of $5,146 and a corresponding increase of $5,146 in debt.

       51

   23. RELATED PARTY TRANSACTIONS 
    
   Certain terms in this footnote are defined in the Company’s Annual Report on Form 10-K for the year ended  December 31, 2024.  The Company has identified the following related party transactions for the nine months ended  September 30, 2025 and 2024. The transactions are listed by the related party and, unless otherwise noted in the text of the description, the amounts are disclosed in the tables at the end of this section.
     
   A. JKD Investor 
    
   The JKD Investor is an entity owned by Jack J. DiMaio, the vice chairman of the board of directors and vice chairman of the Operating LLC’s board of managers, and his spouse.  On  October 3, 2016, the Operating LLC and JKD Investor entered into the JKD Investment Agreement. The interest expense incurred relating to the JKD Investment Agreement is disclosed in the table below. See note 4.
    
   Effective  September 1, 2024, JKD Investor and the Operating LLC entered into the Redemption Agreement, which terminated the JKD Investment Agreement in its entirety and resulted in the full redemption of the redeemable financial instrument. Pursuant to the Redemption Agreement, the Company issued to JKD Investor the 2024 Note in the principal amount of $5,146. The Company elected to prepay $2,573 of the principal amount of the 2024 Note that was due on