Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1189

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1A
Chunk 1189
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      SFA transactions may obligate us to make payments on certain payments upon or subsequent to maturity which may adversely impact our liquidity.   

Risks Related to Our Organizational Structure and Ownership of Our Common Stock:

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     We could repurchase shares of our Common Stock at price levels considered excessive, the amount of our Common Stock we repurchase may decrease from historical levels, or we may not repurchase any additional shares of our Common Stock in the future. 

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      We are dependent on distributions from the Operating LLC as a holding company. 

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      Daniel G. Cohen’s significant ownership interests in the Operating LLC and other entities could create conflicts of interest. 

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      As a “controlled company,” our other stockholders may lose certain corporate governance protections. 

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     Future sales of our Common Stock in the public market could lower the price of our Common Stock and impair our ability to raise funds in future securities offerings. 

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     Your percentage ownership in the Company may be diluted in the future. 

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      Redemptions of our outstanding LLC Units may cause substantial dilution to our existing stockholders. 

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      We may not fully realize our deferred tax asset. 

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      The Maryland General Corporation Law and our charter and bylaws may prevent potentially beneficial takeover attempts. 

Risks Related to General and Global Factors:

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     We are currently operating in a period of economic uncertainty and capital markets disruption, which has been significantly impacted by geopolitical instability due to the ongoing military conflicts in Ukraine and in Israel and the surrounding areas.  Our business, financial condition and results of operations may be materially adversely affected by any negative impact on the global economy and capital markets resulting from the conflicts in Ukraine, Israel, or any other geopolitical tensions.  

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     Climate change concerns and incidents could disrupt our business, adversely affect the profitability of certain of our investments, adversely affect customer activity levels, adversely affect the creditworthiness of our counterparties, and damage our reputation.  

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      If we fail to control our costs effectively, our business could be disrupted and adversely affected. 

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      We may need to offer new investment strategies and products in order to continue to generate revenue. 

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      Our failure to deal appropriately with conflicts of interest could damage our reputation and adversely affect our business. 

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      Insurance may be inadequate to cover risks facing the Company