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PIPER SANDLER COMPANIES

For the period ended Dec 31, 2023. Filed Feb 26, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 26, 2024

PIPR$67.64+2.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Other Assets

NOTE 12| OTHER ASSETS

December 31,December 31,
(Amounts in thousands)20232022
Fee receivables$27,765$42,645
Forgivable employee loans15,77120,667
Prepaid expenses22,39618,664
Income tax receivables5,939—
Other (1)14,08424,049
Total other assets$85,955$106,025

(1)As of December 31, 2022, the Company had a $7.5 million financing receivable included in other assets. This balance was written off in 2023 as it was deemed uncollectible. The write-off is included in other operating expenses on the consolidated statements of operations.

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