OptimumBank Holdings Files 8-K with Key Agreements & Equity Sales
Ticker: OPHC · Form: 8-K · Filed: Mar 28, 2024 · CIK: 1288855
| Field | Detail |
|---|---|
| Company | Optimumbank Holdings, Inc. (OPHC) |
| Form Type | 8-K |
| Filed Date | Mar 28, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $3.90, $7,942,997 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
Related Tickers: OPBK
TL;DR
OptimumBank Holdings (OPBK) filed an 8-K on 3/28 detailing material agreements, equity sales, and charter amendments.
AI Summary
On March 28, 2024, OptimumBank Holdings, Inc. filed an 8-K report detailing several key events. These include entering into a material definitive agreement, unregistered sales of equity securities, and amendments to its articles of incorporation or bylaws. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates significant corporate actions by OptimumBank Holdings, Inc., including potential new agreements and equity transactions that could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can carry inherent risks related to deal terms and dilution.
Key Players & Entities
- OptimumBank Holdings, Inc. (company) — Registrant
- March 28, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by OptimumBank Holdings, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text excerpt.
What type of equity securities were sold in the unregistered sale?
The filing mentions unregistered sales of equity securities, but the specific type and amount of securities are not detailed in the provided text.
What amendments were made to OptimumBank Holdings, Inc.'s articles of incorporation or bylaws?
The filing states that there were amendments to the articles of incorporation or bylaws, but the specific changes are not elaborated upon in the provided excerpt.
When was the report filed and what is the earliest event date reported?
The report was filed on March 28, 2024, and the earliest event reported is also March 28, 2024.
What is the principal executive office address and phone number for OptimumBank Holdings, Inc.?
The principal executive offices are located at 2929 East Commercial Boulevard, Ft. Lauderdale, Florida, 33308, and the telephone number is (954) 776-2332.
Filing Stats: 761 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-03-28 16:05:33
Key Financial Figures
- $3.90 — 1 shares of Series C preferred stock at $3.90 per share, for $7,942,997 in gross proc
- $7,942,997 — preferred stock at $3.90 per share, for $7,942,997 in gross proceeds. In connection therew
Filing Documents
- form8-k.htm (8-K) — 46KB
- ex3-1.htm (EX-3.1) — 42KB
- ex10-1.htm (EX-10.1) — 156KB
- ex10-2.htm (EX-10.2) — 121KB
- ex10-3.htm (EX-10.3) — 109KB
- 0001493152-24-011739.txt ( ) — 720KB
- ophc-20240328.xsd (EX-101.SCH) — 3KB
- ophc-20240328_lab.xml (EX-101.LAB) — 33KB
- ophc-20240328_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
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. OPTIMUMBANK HOLDINGS, INC. Date: March 28, 2024 By: /s/ Moishe Gubin Moishe Gubin Chairman of the Board of Directors