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DEFINITIVE AGREEMENT	9 Months Ended
Sep. 30, 2017
Definitive Agreement
DEFINITIVE AGREEMENT	14. DEFINITIVE AGREEMENT On September 14, 2017, the Company announced that it had entered into a definitive agreement to acquire Fairfield, NJ-based Quadrant Capital Management, LLC. (“Quadrant”). The transaction closed on October 31, 2017. The purchase price includes equity of $3.1 million as well as cash. The Company is still in the process of evaluating the final purchase accounting allocation. Any adjustment resulting from the evaluation is not expected to be material. In accordance with FASB ASC 805-10 (Subtopic 25-15), the Company has up to one year from date of acquisition to complete this assessment.

DEFINITIVE AGREEMENT

9 Months Ended

Sep. 30, 2017

14. DEFINITIVE AGREEMENT

On September 14, 2017, the Company announced that it had entered into a definitive agreement to acquire Fairfield, NJ-based Quadrant Capital Management, LLC. (“Quadrant”). The transaction closed on October 31, 2017. The purchase price includes equity of $3.1 million as well as cash. The Company is still in the process of evaluating the final purchase accounting allocation. Any adjustment resulting from the evaluation is not expected to be material. In accordance with FASB ASC 805-10 (Subtopic 25-15), the Company has up to one year from date of acquisition to complete this assessment.