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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>UNITED STATES</b></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SECURITIES AND EXCHANGE COMMISSIO</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">N</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Washington, D.C. 2</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>054</b><b>9</b></font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Form 8-K </b></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Current Repor</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">t</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 193</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>4</b></font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Date of Report <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(Date of earliest event reported):&nbsp;&nbsp;</font></b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>November </b><b>20</b><b>, 2017</b></font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>JMP Group LLC </b></p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(Exact name of registrant as specified in its charter)</b></p>
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			<td colspan="2" style="vertical-align:top;width:100%;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Commission File Number: 001-36802</b></p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Delaware</b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(State or other jurisdiction of</b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>incorporation)</b></p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>47-1632931</b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(IRS Employer</b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Identification <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">No.)</font></b></p>
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			<td style="vertical-align:middle;width:49.4%;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>600 Montgomery Street, Suite 1100</b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>San Francisco, CA 94111</b></p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(Address of principal executive offices, including zip code)</b></p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(415) 835-8900 </b></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(Registrant<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&rsquo;s telephone number, including area code)</font></b></p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(Former name or former address, if changed since last report<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">)</font></b></p>
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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any o</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">f <b>the following provisions</b>:</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>[ ]</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425</b>)</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>[ ]</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12</b>)</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>[ ]</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)</b>)</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>[ ]</b><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"><b>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)</b>)</font></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</font></b></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>[ ]<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;Emerging growth company</font></b></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounti<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">ng standards provided pursuant to Section 13(a) of the Exchange Act. [ ]</font></b></p>

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<p style="margin: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 1.01.<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Entry in to a Material Definitive Agreement</font></b></p>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">On November <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">20, 2017, JMP Group Inc. (the &ldquo;<u>Issuer</u>&rdquo;), JMP Group LLC </font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">(the &ldquo;<u>Company</u>&rdquo;), JMP Investment Holdings LLC (together with the Company, the &ldquo;<u>Guarantors</u>&rdquo;) </font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> entered into an Underwriting Agreement with UBS Securities LLC and Morgan Stanley &amp; Co. LLC, as representatives of the several underwriters named therein&nbsp;(the &ldquo;<u>Underwriters</u>&rdquo;), providing for, among other things, the sale by the Issuer and the purchase by the Underwriters, acting severally and not jointly, of $50.0</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> million, in the aggregate, of the Issuer&rsquo;s 7.25</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">% Senior Notes due 2027 (the &ldquo;<u>Notes</u>&rdquo;).&nbsp;&nbsp;The Underwriters may also purchase up to an additional $7.5</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> million of Notes from the Issuer at the public offering price, less the underwriting discount, within 30 days from the date of the prospectus supplement.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The Notes were registered for offer and sold pursuant to an effective Registratio<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">n Statement on Form S-3 (File No. 333-217396) filed with the Securities and Exchange Commission on April 20, 2017 (the &ldquo;<u>Registration Statement</u>&rdquo;), and a related prospectus and prospectus supplement filed with the Securities and Exchange Commission.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The publ<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">ic offering price of the Notes was 100.0% of the principal amount (i.e., $50.0</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> million). The Issuer will receive net proceeds after discounts and commissions, but before expenses, of approximately $48.4</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> million and intends to use a portion of the net proceeds to redeem some or all of its outstanding 7.25% Senior Notes due 2021 or 8.00% Senior Notes due 2023 or both. The remaining proceeds, if any, will be used for general corporate purposes. If the Underwriters exercise their option to purchase additional Notes in full, the total proceeds, before expenses, will be approximately $55.7</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> million.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The offering of the Notes is<font style="font-family:Times New Roman, Times, serif;font-size:10pt;"> expected to close on November 28, 2017, subject to customary closing conditions.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">The foregoing description of the Unde<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">rwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit&nbsp;1.1 and is incorporated herein by reference and into the Registration Statement.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 8.01<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp; &nbsp; &nbsp;&nbsp; &nbsp; Other Events</font></b></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">In connection with the offering of the Notes<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, the Company is filing as Exhibit 5.1 hereto an opinion of counsel addressing the validity of the Notes and the related guarantees. Such opinion is incorporated by reference into the Registration Statement.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<div style="font-size: 10pt;">The Company is also filing the computation of its and the Issuer<font style="font-size: 10pt;">&rsquo;s ratio of earnings to fixed charges for the nine months ended September&nbsp;30, 2017 and each of the five years from 2012 through 2016 as Exhibit 12.1 and Exhibit 12.2, respectively, which are incorporated by reference into the Registration Statement.</font></div>

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<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 9.01<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; Financial Statements and Exhibits</font></b></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">(d)<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;Exhibits</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><u><b>Exhibit</b></u></p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><u><b>No.</b></u></p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>&nbsp;</b></p>
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			<td style="vertical-align: middle; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><u><b>Description</b></u></p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">1.1</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0pt;margin-right:63pt;margin-top:0pt;text-align:left;"><a href="ex_100914.htm" style="-sec-extract:exhibit;">Underwriting Agreement, dated November <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">20, 2017, between JMP Group Inc., JMP Group LLC, JMP&nbsp;Investment Holdings LLC and UBS Securities LLC and Morgan Stanley &amp; Co. LLC, as representatives of the several underwriters named therein.</font></a></p>
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			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">5.1</p>
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			<td style="vertical-align: top; width: 1%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100879.htm" style="-sec-extract:exhibit;">Opinion of <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">Orrick, Herrington &amp; Sutcliffe LLP regarding the legality of the Notes.</font></a></p>
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			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">12.1</p>
			</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100880.htm" style="-sec-extract:exhibit;">Statement Regarding the Computation of Ratio of Earnings to Fixed Charges of JMP Group LLC.</a></p>
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		<tr>
			<td style="vertical-align: middle; width: 6%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">12.2</p>
			</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100881.htm" style="-sec-extract:exhibit;">Statement Regarding the Computation of Ratio of Earnings to Fixed Charges of J<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">MP Group Inc.</font></a></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">23.1</p>
			</td>
			<td style="vertical-align: top; width: 1%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100879.htm" style="-sec-extract:exhibit;">Consent of Orrick, Herrington &amp; Sutcliffe LLP (included in Exhibit 5.1 hereto).</a></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">99.1</p>
			</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100883.htm" style="-sec-extract:exhibit;">Press release issued by JMP Group Inc., dated November <font style="font-family:Times New Roman, Times, serif;font-size:10pt;">20, 2017.</font></a></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: middle; width: 6%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">99.2</p>
			</td>
			<td style="vertical-align: top; width: 1%;">&nbsp;</td>
			<td style="vertical-align: top; width: 93%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;"><a href="ex_100904.htm" style="-sec-extract:exhibit;">Press release issued by JMP Group Inc., dated November 20<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, 2017.</font></a></p>
			</td>
		</tr>

</table>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div id="PGNUM" style="text-align: center; width: 100%">&nbsp;</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div id="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Signature(s) </b></p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:27pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL3" style="width:100%;text-indent:0;font-family:Times New Roman, Times, serif;font-size:10pt;">

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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td colspan="2" style="vertical-align:top;width:38%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">JMP GROUP LLC</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
		</tr>
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			<td style="vertical-align:top;width:50%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td colspan="2" style="vertical-align:top;width:38%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
		</tr>
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			<td style="vertical-align:top;width:50%;">&nbsp;</td>
			<td colspan="2" style="vertical-align:top;width:38%;">&nbsp;</td>
			<td style="vertical-align:top;width:12%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:50%;">&nbsp;</td>
			<td colspan="2" style="vertical-align:top;width:38%;">&nbsp;</td>
			<td style="vertical-align:top;width:12%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:50%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:3%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:50%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Date:<font style="font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp;&nbsp;November 22</font><font style="font-family:Times New Roman, Times, serif;font-size:10pt;">, 2017</font></p>
			</td>
			<td style="vertical-align:top;width:3%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">By:</p>
			</td>
			<td style="vertical-align:top;border-bottom:solid 1px #000000;;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">/s/ Raymond Jackson</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:50%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:3%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:bottom;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Raymond Jackson</p>

			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
		</tr>
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			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:3%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:35%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">Chief Financial Officer</p>
			</td>
			<td style="vertical-align:top;width:12%;">
			<p style="font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>
			</td>
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[{"type": "8-K", "sequence": "1", "filename": "jmpllc20171120_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 32761}]
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jmpllc20171120_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSIO
N
Washington, D.C. 2
054
9
Form 8-K
Current Repor
t
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 193
4
Date of Report
(Date of earliest event reported):
November
20
, 2017
JMP Group LLC
(Exact name of registrant as specified in its charter)
Commission File Number: 001-36802
Delaware
(State or other jurisdiction of
incorporation)
47-1632931
(IRS Employer
Identification
No.)
600 Montgomery Street, Suite 1100
San Francisco, CA 94111
(Address of principal executive offices, including zip code)
(415) 835-8900
(Registrant
's telephone number, including area code)
(Former name or former address, if changed since last report
)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any o
f
the following provisions
:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425
)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12
)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
)
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§
230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[ ]
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounti
ng standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 1.01.
Entry in to a Material Definitive Agreement
On November
20, 2017, JMP Group Inc. (the "
Issuer
"), JMP Group LLC
(the "
Company
"), JMP Investment Holdings LLC (together with the Company, the "
Guarantors
")
entered into an Underwriting Agreement with UBS Securities LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (the "
Underwriters
"), providing for, among other things, the sale by the Issuer and the purchase by the Underwriters, acting severally and not jointly, of $50.0
million, in the aggregate, of the Issuer's 7.25
% Senior Notes due 2027 (the "
Notes
").  The Underwriters may also purchase up to an additional $7.5
million of Notes from the Issuer at the public offering price, less the underwriting discount, within 30 days from the date of the prospectus supplement.
The Notes were registered for offer and sold pursuant to an effective Registratio
n Statement on Form S-3 (File No. 333-217396) filed with the Securities and Exchange Commission on April 20, 2017 (the "
Registration Statement
"), and a related prospectus and prospectus supplement filed with the Securities and Exchange Commission.
The publ
ic offering price of the Notes was 100.0% of the principal amount (i.e., $50.0
million). The Issuer will receive net proceeds after discounts and commissions, but before expenses, of approximately $48.4
million and intends to use a portion of the net proceeds to redeem some or all of its outstanding 7.25% Senior Notes due 2021 or 8.00% Senior Notes due 2023 or both. The remaining proceeds, if any, will be used for general corporate purposes. If the Underwriters exercise their option to purchase additional Notes in full, the total proceeds, before expenses, will be approximately $55.7
million.
The offering of the Notes is
expected to close on November 28, 2017, subject to customary closing conditions.
The foregoing description of the Unde
rwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 1.1 and is incorporated herein by reference and into the Registration Statement.
Item 8.01
Other Events
In connection with the offering of the Notes
, the Company is filing as Exhibit 5.1 hereto an opinion of counsel addressing the validity of the Notes and the related guarantees. Such opinion is incorporated by reference into the Registration Statement.
The Company is also filing the computation of its and the Issuer
's ratio of earnings to fixed charges for the nine months ended September 30, 2017 and each of the five years from 2012 through 2016 as Exhibit 12.1 and Exhibit 12.2, respectively, which are incorporated by reference into the Registration Statement.
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits
Exhibit
No.
Description
1.1
Underwriting Agreement, dated November
20, 2017, between JMP Group Inc., JMP Group LLC, JMP Investment Holdings LLC and UBS Securities LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein.
5.1
Opinion of
Orrick, Herrington & Sutcliffe LLP regarding the legality of the Notes.
12.1
Statement Regarding the Computation of Ratio of Earnings to Fixed Charges of JMP Group LLC.
12.2
Statement Regarding the Computation of Ratio of Earnings to Fixed Charges of J
MP Group Inc.
23.1
Consent of Orrick, Herrington & Sutcliffe LLP (included in Exhibit 5.1 hereto).
99.1
Press release issued by JMP Group Inc., dated November
20, 2017.
99.2
Press release issued by JMP Group Inc., dated November 20
, 2017.
Signature(s)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
JMP GROUP LLC
Date:
November 22
, 2017
By:
/s/ Raymond Jackson
Raymond Jackson
Chief Financial Officer