Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 195

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 195
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 decrease of $505 in other investment sold, not yet purchased due to payment of shares to a former SPAC sponsor entity.  
 ●The Company recorded a decrease of $392 in other investments, at fair value resulting from an in-kind distribution to the non-convertible controlling interest.
 ●The Company recorded a decrease in other receivables of $19, a decrease in due from broker of $1,120, and decrease of other investment, at fair value of $1,299, a decrease of other investments sold, not yet purchase, at fair value of $344, and a decrease of non-controlling interest of $1,691 resulting from the sale of the Company's interest in Vellar GP.

   For the three months ended  March 31, 2024, the Company had the following significant non-cash transactions that are not reflected on the statement of cash flows:
    
     ●   The Company net received units of membership interest in the Operating LLC.  The Company recognized a net increase in additional paid-in capital of $447, a net decrease in AOCI of $10, and a decrease in non-controlling interest of $437.  See note 16. 
  ●   The Company recorded an accrual of $1,419 in accounts payable and other liabilities for dividends and distributions declared on  March 6, 2024, which were paid after  March 31, 2024. 
 ●The Company recorded an increase of $437 in due to related party and an increase of $222 in payroll withholdings and a corresponding decrease of $659 in equity relating to the redemption of LLC units by employees.  See note 16.

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   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 three months ended  March 31, 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