Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 285

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 285
---
544

      Columbus Circle SPAC 

     (1,307
     )

     -

     (1,307
     )

      SPAC Sponsor Entities and Other 

     (663
     )

     (5,985
     )

     5,322

      Total 
      
     $
     (1,437
     )
      
     $
     (5,996
     )
      
     $
     4,559

SPAC sponsor entities includes both indirect and direct investments in SPAC sponsor entities. Several of these SPAC sponsor entities are invested in SPACs that have completed their business combinations.  Those SPAC sponsor entities hold restricted and unrestricted equity interests in the public post-merger entities.  We account for our investments in SPAC sponsor entities under the equity method of accounting.  If the SPAC sponsor entity distributes SPAC shares to us, we account for those SPAC shares as a component of other investments, at fair value.  The following table shows the equity method income or loss included in other SPAC sponsor entities above broken out by the ultimate public company investee.  For several of the investments described below, we also had an investment in the same company accounted for at fair value as a component of other investments, at fair value during the periods presented.  See discussion of principal transactions above.

      Three Months Ended June 30, 

      2025 

      2024 

      Change 

      Brand Engagement Network, Inc. (NASDAQ: BNAI) 
      
     $
     -

     $
     (3,783
     )
      
     $
     3,783

      Critical Metals Corp. (NASDAQ: CRML) 

     -

     (365
     )

     365

      Fold Holdings, Inc. (NASDAQ: FLD) 

     (415
     )

     (1
     )

     (414
     )

      Murano Global Investments Plc (NASDAQ: MRNO) 

     264

     (1,290
     )

     1,554

      Holdco Nuvo Group DG Ltd. (OTC:NUVWQ) 

     -

     2,202

     (2,202
     )

      Tevogen Bio Holdings Inc. (NASDAQ: TVGN) 

     -

     (2,211
     )

     2,211

      Other 

     (512
     )

     (537
     )

     25

      Total