Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 160

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 160
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, Class A and Class B common stock not subject to redemption | ​ |                    |  2,979,000 | ​ |      |  2,979,000 |
| Basic and diluted net (loss) income per share                                                                     | ​ |                  $ |      -0.23 | ​ |    $ |       0.17 |

The accompanying notes are an integral part of these financial statements.

F-5

KINGSWOOD ACQUISITION CORP. STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022

| ​                                                                    
 ​                                                                    
 ​                                                                    
 ​                                                                    | ​ 
 ​ 
 ​ |            ​ 
      Class A 
 Common Stock 
       Shares | ​ | ​      
 Amount |   ​ | ​ 
 ​ 
 ​ |            ​ 
      Class B 
 Common Stock 
       Shares | ​ | ​      
 Amount |    ​ | ​ 
 ​ 
 ​ | ​          
 Additional 
 Paid-in    
 Capital    | ​ | ​ 
 ​ 
 ​ | ​           
 ​           
 Accumulated 
 Deficit     |           ​ 
           ​ | ​ 
 ​ 
 ​ | ​             
 Total         
 Stockholders’ 
 Deficit       |           ​ |
|:---------------------------------------------------------------------|:--|-------------:|:--|:-------|----:|:--|-------------:|:--|:-------|-----:|:--|:-----------|:--|:--|:------------|------------:|:--|:--------------|------------:|
| Balance-December 31, 2021                                            |   |      104,000 | ​ | $      |  10 |   |    2,875,000 | ​ | $      |  288 |   | ​          | — | ​ | $           | -10,256,949 | ​ | $             | -10,256,651 |
| Remeasurement of Class A common stock subject to possible redemption |   |            — | ​ |        |   — |   |            — | ​ |        |    — |   | ​          | — | ​ |             |    -387,186 | ​ |               |    -387,186 |
| Net income                                                           |   |            — | ​ |        |   — |   |            — | ​ |        |    — |   | ​          | — | ​ |             |   1,