Company: BCG
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001410578-25-000663
Chunk: 170

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 170
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 losses incurred on behalf of the customers.

The Company, through its clearing broker, seeks to control the risk associated with its customers’ activities by requiring customers to maintain margin collateral in compliance with various regulatory and internal guidelines. As of December 31, 2024 and 2023, management of the Company had not been notified by any clearing brokers, nor were they otherwise aware of any potential losses relating to this indemnification.

<div align='center'>F-26</div>

20.RELATED-PARTY TRANSACTIONS Certain of the Company’s subsidiaries earn revenue from various related parties controlled by individuals that are members or officers of the Company. Summarized activity and balance as of and for the years ended December 31, 2024 and 2023 are as follows (in thousands):

| ​     
 ​     | ​          
 ​          
 Subsidiary | ​       
 Revenue |     ​ 
  2024 | ​ | ​ |     ​ 
  2023 | ​ 
 ​ | ​                 
 Due from/(Due to) |    ​ 
 2024 | ​ | ​ |    ​ 
 2023 |
|:------|:-----------|:--------|------:|:--|:--|------:|:--|:------------------|-----:|:--|:--|-----:|
| CLS   | ​          | $       | 1,000 | ​ | $ | 1,000 | ​ | $                 | -0.1 | ​ | $ | -0.1 |
| Total | ​          | $       | 1,000 | ​ | $ | 1,000 | ​ | $                 | -0.1 | ​ | $ | -0.1 |

The revenue amounts and amounts due to and due from are included in commissions on the accompanying consolidated statements of operations and other assets on the consolidated statements of financial condition, respectively. 21.STOCKHOLDERS’ EQUITY The Company is authorized to issue 57,500,000 shares consisting of the following:

| ● | 2,000,000 shares of Series A Preferred Stock, par value $0.0001 per share, 1,555,000 shares issued and outstanding as of December 31, 2024; and |

| ● | 500,000 shares of Series B Preferred Stock, par value $0.0001 per share, 150,000 shares issued and outstanding as of December 31, 2024; and |

|