Company: COHN
Filing Date: 2025-05-21
Form Type: 8-K
Source: 0001104659-25-051612
Chunk: 0

Company: Cohen & Co Inc.
Filing Date: 2025-05-21
Form: 8-K
Item: Item 8.01
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Item 8.01      Other Events.  

On May 19, 2025, Columbus Circle Capital Corp. I (NASDAQ: CCCMU)
(the “ SPAC”), a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting
a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or
more businesses (each a “ Business Combination”), completed the sale of 25,000,000 units (the “ Units”) in its initial
public offering (the “ IPO”), which included 3,000,000 units issued pursuant to the underwriters’ partial exercise of
their over-allotment option.

Cohen & Company, LLC (the “ Operating LLC”), the operating
subsidiary of Cohen & Company Inc., a Maryland corporation (the “ Company”), owns a portion of, and is the managing member
and a member of, Columbus Circle 1 Sponsor Corp LLC, the sponsor of the SPAC (the “ Sponsor”). Cohen & Company Capital
Markets (“ CCM”), a division of the Company’s broker-dealer subsidiary, J. V. B. Financial Group, LLC, acted as the
lead underwriter in the IPO.

Each Unit consists of one Class A ordinary share of the SPAC, par value
$0.0001 per share (“ Class A Ordinary Shares”), and one-half of one warrant (each, a “ Warrant”), where each whole
Warrant entitles the holder to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold in the IPO at an offering
price of $10.00 per Unit, for gross proceeds of $250,000,000 (before underwriting discounts and commissions and offering expenses).

If the SPAC fails to consummate a Business Combination within the first
24 months following the IPO, its corporate existence will cease except for the purposes of winding up its affairs and liquidating its
assets, unless the SPAC’s shareholders approve an amendment to the SPAC’s amended and restated memorandum and articles of
association (the “ SPAC Articles”) to extend the amount of time the SPAC will have to consummate an initial Business Combination.

The Sponsor purchased an aggregate of 265,000 of the SPAC’s placement
units (“ Placement Units”) in a private placement that occurred simultaneously with the IPO (the “ Private Placement”)
for an aggregate of $2,650,000, or $10