Broadway Financial Corp Files 8-K on Shareholder Vote Matters
Ticker: BYFC · Form: 8-K · Filed: Jul 23, 2024 · CIK: 1001171
Sentiment: neutral
Topics: shareholder-vote, corporate-governance, sec-filing
Related Tickers: BWFC
TL;DR
BFC filed an 8-K for a shareholder vote on 7/17. Keep an eye on the outcome.
AI Summary
Broadway Financial Corporation (DE) filed an 8-K on July 23, 2024, reporting a submission of matters to a vote of security holders on July 17, 2024. The filing details the company's corporate information, including its state of incorporation (Delaware), IRS number, and business address in Los Angeles, California.
Why It Matters
This filing indicates that Broadway Financial Corporation held a vote of its security holders, which could pertain to significant corporate decisions or changes.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote, not indicating any immediate financial distress or significant operational change.
Key Numbers
- 001-39043 — SEC File Number (Identifies the company's filing with the SEC)
- 95-4547287 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- BROADWAY FINANCIAL CORP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Los Angeles, CA (location) — Principal executive offices address
FAQ
What specific matters were submitted for a vote of security holders?
The filing states 'Submission of Matters to a Vote of Security Holders' as the item information, but the specific details of the matters voted upon are not elaborated in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on July 17, 2024.
What is the principal executive office address of Broadway Financial Corporation?
The principal executive offices are located at 4601 Wilshire Boulevard, Suite 150, Los Angeles, CA 90010.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code is 6035 for SAVINGS INSTITUTION, FEDERALLY CHARTERED.
What is the fiscal year end for Broadway Financial Corporation?
The fiscal year ends on December 31.
Filing Stats: 576 words · 2 min read · ~2 pages · Grade level 13.2 · Accepted 2024-07-23 16:30:34
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share (including attached preferred
Filing Documents
- ef20032876_8k.htm (8-K) — 35KB
- 0001140361-24-033860.txt ( ) — 168KB
- byfc-20240717.xsd (EX-101.SCH) — 4KB
- byfc-20240717_lab.xml (EX-101.LAB) — 21KB
- byfc-20240717_pre.xml (EX-101.PRE) — 16KB
- ef20032876_8k_htm.xml (XML) — 4KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders (a) The Broadway Financial Corporation (the "Company") Annual Meeting of Stockholders was held on July 17, 2024. (b) Stockholders voted on the matters set forth below: 1. The nominees for election to the Company's Board of Directors set forth in Item 1 to the Company's Proxy Statement filed with the U.S. Securities and Exchange Commission on June 6, 2024 were elected to serve until the Annual Meeting of Stockholders to be held in the year 2027 or until their respective successors are duly elected and qualified, based on the following vote: Nominee Votes For Votes Withheld Broker Non-Votes Wayne-Kent A. Bradshaw 3,058,218 88,706 895,360 Marie C. Johns 2,719,959 426,965 895,360 David J. McGrady 3,085,438 61,486 895,360 2. The proposal to ratify on an advisory (non-binding) basis the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for its Votes for approval 3,893,261 Votes against 36,717 Abstentions 112,306 3. The proposal to approve the Company's executive compensation on an advisory (non-binding) basis was approved based upon the following votes: Votes for approval 3,003,536 Votes against 141,099 Abstentions 2,289 Broker Non-Votes 895,360
SIGNATURES
SIGNATURES 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. BROADWAY FINANCIAL CORPORATION Date: July 23, 2024 By: /s/ Zack Ibrahim Zack Ibrahim Executive Vice President and Chief Financial Officer