Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 746

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 14
Chunk 746
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 on revolving credit facility   -   15,000   - 
 Repayment of draws on revolving credit facility   -   (15,000)  - 
 Proceeds from debt   -   -   2,250 
 Repayment of debt   -   -   (2,250)
 Cash used to net share settle equity awards   (189)  (175)  (234)
 Proceeds from issuance of Common Stock   154   -   - 
 Cohen & Company Inc. dividends   (1,873)  (1,750)  (2,558)
 Convertible non-controlling interest distributions   (4,819)  (4,344)  (6,485)
 Redemption of convertible non-controlling interest units   (659)  (834)  - 
 Non-convertible non-controlling interest investment   -   39   9 
 Non-convertible non-controlling interest distributions   (6,758)  (10,041)  (2,236)
 Net cash provided by (used in) financing activities   (16,717)  (17,105)  (11,504)
 Effect of exchange rate on cash   (324)  191   (272)
 Net increase (decrease) in cash and cash equivalents   8,940   (18,451)  (21,466)
 Cash and cash equivalents, beginning of period   10,650   29,101   50,567 
 Cash and cash equivalents, end of period  $19,590  $10,650  $29,101 

See accompanying notes to consolidated financial statements.

      F-6

COHEN & COMPANY INC. 

Notes to Consolidated Financial Statements 

December 31, 2024

(Dollars in thousands, except share and per share information) 

   1. ORGANIZATION AND NATURE OF OPERATIONS 
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   Organizational History 
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   Cohen Brothers, LLC (“Cohen Brothers”) was formed on  October 7, 2004 by Cohen Bros. Financial, LLC (“CBF”). Cohen Brothers was established to acquire the net assets of CBF’s subsidiaries (the “Formation Transaction”): Cohen Bros. & Company, Inc.; Cohen Frères SAS;