Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 280

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 280
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048
     )

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.

      Nine Months Ended September 30, 

      2025 

      2024 

      Change 

      African Agriculture Holdings Inc. (OTC: AAGR) 
      
     $
     -

     $
     (2,309
     )
      
     $
     2,309

      Brand Engagement Network, Inc. (NASDAQ: BNAI) 

     -

     1,267

     (1,267
     )

      Critical Metals Corp. (NASDAQ: CRML) 

     (367
     )

     4,862

     (5,229
     )

      Next.e.GO N.V. (OTC: EGOXF) 

     -

     (277
     )

     277

      Fold Holdings, Inc. (NASDAQ: FLD) 

     1,950

     (5
     )

     1,955

      Murano Global Investments Plc (NASDAQ: MRNO) 

     (11,914
     )

     13,831

     (25,745
     )

      Holdco Nuvo Group DG Ltd. (OTC:NUVOQ) 

     -

     2,198

     (2,198
     )

      Rezolve AI PLC (NASDAQ: RZLV) 

     (109
     )

     5,123

     (5,232
     )

      Tevogen Bio Holdings Inc. (NASDAQ: TVGN) 

     -

     793

     (793
     )

      Zoomcar Holdings, Inc. (OT