Cowen to Report Third Quarter 2022 Financial Results on October 28, 2022

Rhea-AI Summary

Cowen Inc. (NASDAQ:COWN) will release its third quarter 2022 financial results on October 28, 2022. Due to its ongoing acquisition by TD Bank Group, first announced on August 2, 2022, Cowen will not hold a conference call to discuss these results. The acquisition is anticipated to close in Q1 2023, pending regulatory and shareholder approvals. Cowen is a diversified financial services firm providing a range of investment banking services and has been operating since 1918, headquartered in New York.

Positive

• None.

Negative

• No conference call to discuss Q3 financial results may limit shareholder engagement.
• Pending acquisition could create uncertainty during the transition period.

NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will release its third quarter 2022 financial results on Friday, October 28, 2022.

Due to the Company’s entry into a definitive agreement to be acquired by TD Bank Group, which was previously announced on August 2, 2022, Cowen will not be conducting a conference call to discuss its financial results for the third quarter of 2022.

The transaction with TD Bank Group is expected to close in the first calendar quarter of 2023, subject to customary closing conditions, including approvals from the Company’s shareholders and various U.S., Canadian and foreign regulatory authorities.

About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen Inc. focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the firm is headquartered in New York and has offices worldwide. Learn more at Cowen.com.

Investor Relations Contact:
Steve Lasota, Chief Financial Officer
(212) 845-7919
Stephen.Lasota@cowen.com

Source: Cowen Inc.

FAQ

When will Cowen release its Q3 2022 financial results?

Cowen will release its Q3 2022 financial results on October 28, 2022.

What is the status of Cowen's acquisition by TD Bank Group?

The acquisition is expected to close in the first calendar quarter of 2023, subject to regulatory and shareholder approvals.

Will there be a conference call for Cowen's Q3 results?

No, Cowen will not hold a conference call to discuss its Q3 financial results.

When was the acquisition of Cowen by TD Bank Group first announced?

The acquisition was first announced on August 2, 2022.

What services does Cowen Inc. provide?

Cowen offers investment banking services, equity and credit research, sales and trading, prime brokerage, and alternative investment products.