Binah Capital Group Inc 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period fromtoCommission File No.001-40742 Binah Capital Group,Inc. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Actof 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S-T(§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act):Yes☐No☒On May 15, 2026, there were 16,810,131 shares of common stock, $0.0001 par value per share (“Common Stock”), issued and outstanding. BINAH CAPITAL GROUP,INC. Quarterly Report on Form10-Q Table of Contents PART I. FINANCIAL INFORMATIONItem 1.Financial Statements1Condensed Consolidated Statements of Financial Condition as of March 31, 2026 (Unaudited)and December 31, 20251Condensed Consolidated Statements of Operations for the three months ended March 31, 2026and 2025 (Unaudited)2Condensed Consolidated Statements of Comprehensive Income for the three months endedMarch 31, 2026 and 2025 (Unaudited)3Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three monthsended March 31, 2026 and 2025 (Unaudited)4Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026and 2025 (Unaudited)5Notes to Unaudited Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk34Item 4.Controls and Procedures34 PART II. OTHER INFORMATIONItem 1.Legal Proceedings35Item 1A.Risk Factors35Item 2.Unregistered Sales of Equity Securities and Use of Proceeds35Item 3.Defaults Upon Senior Securities35Item 4.Mine Safety Disclosures35Item 5.Other Information35Item 6.Exhibits36 SIGNATURES Cautionary Note Regarding Forward-Looking Statements This Quarterly Report on Form10-Q includes forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”). The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,”“might,” “plan,” “project,” “will,” “would,” “seek,” or “should,” or the negative or plural of these words or similarexpressions or variations are intended to identify such forward-looking statements. These forward-looking statementsinclude, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentionsorstrategies regarding the future.In addition,any statements that refer to projections,forecasts or othercharacterizations of future events or circumstances, including any underlying assumptions, are forward-lookingstatements. We have based these forward-looking statements on our current expectations and projections about futureevents. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptionsabout us that may cause our actual results, levels of activity, performance or achievements to be materially differentfrom any future results, levels of activity, performance or achievements expressed or implied by such forward-lookingstatements. Risks and uncertainties that may cause actual results to differ materially from forward-looking statementsinclude, but are not limited to, those identified in our Annual Report on Form 10-K for the year ended December 31,2025 filed with the U.S. Securities and Exchange Commission in the sections titled “Risk Factor Summary” and “RiskFactors” set forth in Part I, Item 1A thereof, as well as our other filings made from time to time with the U.S.Securities and Exchange Commission filings. Forward looking statements are based on information available to us as of the date of this Form 10-Q and, whil