Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 62

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 62
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3,547  $3,532 
 2020/2024 Notes   214   187   788   449 
 Byline Credit Facility   41   19   81   57 
 Redeemable financial instrument - JKD Investor   -   (149)  -   309 
  $1,472  $1,256  $4,416  $4,347 

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       39

   16. EQUITY 
    
   Stockholders’ Equity
    
   Common Equity: The following table reflects the activity for the nine months ended  September 30, 2025 related to the number of shares of unrestricted Common Stock that the Company had issued.

       Common Stock  
   Shares  
 December 31, 2024   1,635,261 
 Vesting of shares   140,781 
 Shares withheld for employee taxes and retired   (35,187)
 September 30, 2025   1,740,855 

   Series E Voting Non-Convertible Preferred Stock: Each share of the Company’s Series E Voting Non-Convertible Preferred Stock (“Series E Preferred Stock”) has no economic rights but entitles the holders thereof to vote the Series E Preferred Stock on all matters presented to the Company’s stockholders.  For every ten shares of Series E Preferred Stock, the holders are entitled to one vote on any such matter.  Daniel G. Cohen, the Company’s executive chairman, is the sole holder of all 4,983,557 shares of Series E Preferred Stock issued and outstanding as of  September 30, 2025. For a more detailed description of these shares see note 21 to the Company’s Annual Report on Form 10-K for the year ended  December 31, 2024.
   ﻿ 
   Series F Voting Non-Convertible Preferred Stock:  On  December 23, 2019, the Company’s board of directors adopted a resolution that reclassified 25,000,000 authorized but unissued shares of Preferred Stock, par value $0.001 per share, of the Company as a series of Preferred Stock designated as Series F Voting Non-Convertible Preferred Stock (“Series F Preferred Stock”).  Pursuant to the Securities Purchase Agreement, dated  December 30, 2019, by and among the Company, the Operating LLC, Daniel G.