chamath's spac explicitly says no crying in the casinoas I've said: tradfi is simply memecoins with suits https://t.co/yuK0gTaXZA ...

🚨NEW: Billionaire VC investor Chamath files for a $250M SPAC called “American Exceptionalism Acquisition Corp. A” targeting energy production, AI, DeFi and defense. https://t.co/occ3l0jdSM ...

chamath launching a spac and holding defi tokensexit all markets ...

Chamath's new $250M SPAC will include DeFi along with Energy, AI and DefenseOh boyAggr News (@AggrNews):"AMERICAN EXCEPTIONALISM" SPAC BY CHAMATH TO TARGET DEFI AMONG FOUR AREAS: FILING https://t.co/yAv6rhNjNC ...

🚨 NEW: Joe McCann’s $1.5B Solana treasury SPAC cancelled after his Asymmetric fund plunged nearly 80% YTD. https://t.co/qiaqP1ngge ...

PARATAXIS MERGES WITH SILVERBOX FOR $640M PUBLIC BITCOIN TREASURY FIRM- Parataxis Holdings is merging with SilverBox Corp IV in a SPAC deal aimed at creating a publicly listed Bitcoin treasury company.- The combined entity, to trade under the ticker PRTX, could raise up to $640 million.- Roughly $240 million is expected to come from the SPAC trust, subject to redemptions. An additional $400 million may be raised via a new equity line. Parataxis plans to deploy $31 million immediately to buy Bitcoin.- CEO Ed ...

Don Jr. And Eric Trump Back New SPAC Targeting American Manufacturing—Here’s How These Deals Have Worked In The Pasthttps://t.co/7JgnKw771L https://t.co/6bsiZ5jIuR ...

Financial Performance - Cohen & Company Inc. reported second quarter 2025 revenue of $59.9 million, a significant increase from $28.7 million in the prior quarter and $10.8 million in the same quarter last year [1][7]. - Net income attributable to Cohen & Company Inc. was $1.4 million, or $0.81 per diluted share, compared to $0.3 million, or $0.19 per diluted share in the prior quarter, and a net loss of $2.3 million, or $1.47 per diluted share in the same quarter last year [2][7]. - Adjusted pre-tax income for the second quarter 2025 was $5.5 million, or $0.94 per diluted share, up from $1.3 million, or $0.22 per diluted share in the prior quarter, and a loss of $8.6 million, or $1.51 per diluted share in the same quarter last year [2][7]. Revenue Breakdown - Net trading revenue for the second quarter 2025 was $10.8 million, an increase of $1.5 million from the prior quarter and $2.0 million from the same quarter last year, primarily driven by higher trading revenue from SPAC equity, SBA, and mortgage groups [4][7]. - Asset management revenue was $2.2 million, slightly up from both the prior quarter and the same quarter last year, mainly due to deferred performance fees in European funds [4][7]. - New issue and advisory revenue reached $37.4 million, up $4.2 million from the prior quarter and $30.9 million from the same quarter last year, reflecting strong performance from Cohen & Company Capital Markets [4][7]. Operating Expenses - Compensation and benefits expense increased to $44.3 million for the second quarter 2025, up $22.7 million from the prior quarter and $33.6 million from the same quarter last year, largely due to fluctuations in revenue and related variable incentive compensation [4][7]. - Non-compensation operating expenses were $8.1 million, compared to $7.0 million in the prior quarter and $6.5 million in the same quarter last year [4][7]. Strategic Initiatives - The company is entering the second half of 2025 with strong momentum and a robust pipeline, driven by its full-service boutique investment banking operation [5][6]. - Cohen & Company launched a SPAC-focused equity trading desk, generating over $1.4 million in trading revenue in its first quarter of operation, which is expected to complement its capital markets strategy [6][7]. Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.25 per share, payable on August 29, 2025, to stockholders of record as of August 15, 2025 [2][11].

A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash | TechCrunch https://t.co/MLZl68terp ...

Aspiring rocket developer iRocket, backed by an investor group funded by a number of technology moguls, announced a deal Wednesday to go public via a $400 million merger with a SPAC backed by Wilbur Ross https://t.co/osRTPzfWLM ...