Company: BCG
Filing Date: 2025-09-08
Form Type: 424B3
Source: 0001104659-25-088309
Chunk: 53

Company: Binah Capital Group, Inc.
Filing Date: 2025-09-08
Form: 424B3
Chunk 53
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 is reported on a gross basis. See Note 4 - Revenues From Contracts with Customers within the notes to the condensed consolidated financial statements for the three and six-month periods ended June 30, 2025, and 2024 for further details regarding our commission revenue by product category. See Note 5 — Revenues From Contracts with Customers within the notes to the audited consolidated financial statements for the years ended December 31, 2024, and 2023 for further details regarding our commission revenue by product category. The following tables sets forth the components of our commission revenue for the three and six-month periods ended June 30, 2025 and 2024 (in thousands):

| ​                        | ​ 
 ​ 
 ​ | For the three-month periods ended June 30, |   2025 |   |   |   2024 |   |     ​ | $Change |    ​ | ​        
 % Change |
|:-------------------------|:--|:-------------------------------------------|-------:|:--|:--|-------:|:--|------:|:--------|-----:|:---------|
| Sales-based              | ​ | $                                          | 14,868 |   | $ | 15,850 |   |  -982 |         | -6.2 | %        |
| Trailing                 | ​ | ​                                          | 19,130 | ​ | ​ | 17,813 | ​ | 1,317 | ​       |  7.4 | %        |
| Total commission revenue | ​ | $                                          | 33,998 | ​ | $ | 33,663 | ​ |   335 | ​       |  1.0 | %        |

| ​                        | ​ 
 ​ | For the six-month periods ended June 30, 
 ​                                        |   2025 |   | ​ |   2024 |   |     ​ | $Change |    ​ | ​        
 % Change |
|:-------------------------|:--|:-----------------------------------------|-------:|:--|:--|-------:|:--|------:|:--------|-----:|:---------|
| Sales-based              |   | $                                        | 35,278 |   | $ | 31,617 |   | 3,661 |         | 11.6 | %        |
| Trailing                 | ​ | ​                                        | 39,858 | ​ | ​ | 36,441 | ​