OptimumBank Holdings, Inc. Files Definitive Proxy Statement for 2024 Annual Meeting

TL;DR

<b>OptimumBank Holdings, Inc. has released its proxy statement for the upcoming 2024 Annual Meeting of Shareholders, encouraging prompt voting.</b>

AI Summary

OptimumBank Holdings, Inc. (OPHC) filed a Proxy Statement (DEF 14A) with the SEC on April 30, 2024. OptimumBank Holdings, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 30, 2024. The filing pertains to the company's 2024 Annual Meeting of Shareholders. The meeting is scheduled for May 29, 2024, at 10:00 a.m. Eastern Time. Shareholders are urged to vote their shares via the Internet or by returning a proxy card. The company highlights the cost savings and convenience of Internet voting.

Why It Matters

For investors and stakeholders tracking OptimumBank Holdings, Inc., this filing contains several important signals. This filing provides shareholders with crucial information regarding the upcoming annual meeting, including the date, time, and voting procedures. Shareholder participation through voting is essential for establishing a quorum and ensuring the company's governance processes proceed smoothly.

Risk Assessment

Risk Level: low — OptimumBank Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy statement to understand the proposals and exercise their voting rights for the upcoming annual meeting.

Key Numbers

• 2024 — Annual Meeting Year (Annual Meeting of Shareholders)
• May 29 — Meeting Date (2024 Annual Meeting of Shareholders)
• 10:00 a.m. — Meeting Time (Eastern Time)
• DEF 14A — Filing Type (Proxy Statement)
• 2024-04-30 — Filing Date (Conformed Submission Date)

Key Players & Entities

• OptimumBank Holdings, Inc. (company) — Registrant name
• 2024 (date) — Annual Meeting year
• May 29, 2024 (date) — Annual Meeting date
• 10:00 a.m., Eastern Time (time) — Annual Meeting time
• DEF 14A (filing_type) — Form type
• April 30, 2024 (date) — Filing date

FAQ

Industry Context

OptimumBank Holdings, Inc. operates as a commercial bank. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the proxy statement for details on proposals and director nominations.
2. Vote your shares via the Internet or by mail by the meeting date.
3. Ensure your proxy is submitted to establish a quorum for the annual meeting.

Key Dates

• 2024-05-29: Annual Meeting of Shareholders — Shareholders will vote on company matters.
• 2024-04-30: Filing Date — Definitive Proxy Statement filed.

Year-Over-Year Comparison

This is the initial filing of the Definitive Proxy Statement for the 2024 Annual Meeting of Shareholders.

Filing Documents

• formdef14a.htm (DEF 14A) — 252KB
• formdef14a_001.jpg (GRAPHIC) — 4KB
• formdef14a_002.jpg (GRAPHIC) — 385KB
• formdef14a_003.jpg (GRAPHIC) — 291KB
• formdef14a_004.jpg (GRAPHIC) — 407KB
• formdef14a_005.jpg (GRAPHIC) — 318KB
• formdef14a_006.jpg (GRAPHIC) — 325KB
• formdef14a_007.jpg (GRAPHIC) — 175KB
• formdef14a_008.jpg (GRAPHIC) — 340KB
• formdef14a_009.jpg (GRAPHIC) — 327KB
• formdef14a_010.jpg (GRAPHIC) — 267KB
• formdef14a_011.jpg (GRAPHIC) — 377KB
• proxy_001.jpg (GRAPHIC) — 250KB
• proxy_002.jpg (GRAPHIC) — 164KB
• 0001493152-24-017172.txt (&nbsp;) — 5251KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to &sect;240.14a-12 OptimumBank Holdings, Inc. (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount previously paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: PROXY 2024 ANNUAL MEETING OF SHAREHOLDERS GENERAL MEETING INFORMATION Date: May 29, 2024 Time: 10:00 a.m., Eastern Time PROXY VOTING OPTIONS YOUR VOTE IS IMPORTANT! Whether or not you expect to attend in person, we urge you to vote your shares via the Internet, or by signing, dating, and returning the enclosed proxy card at your earliest convenience. This will ensure the presence of a quorum at the meeting. Promptly voting your shares will save us the expense and extra work of additional solicitation. Submitting your proxy now will not prevent you from voting your stock at the meeting if you want to do so, as your vote by proxy is revocable at your option. Voting by the Internet is fast and convenient, and your vote is immediately confirmed and tabulated. Most important, by using the Internet, you help us reduce postage and proxy tabulation costs. Or, if you prefer, you can return the enclosed Proxy Card in the envelope provided. PLEASE DO NOT RETURN THE ENCLOSED PROXY CARD IF YOU ARE VOTING OVER THE INTERNET. VOTE BY INTERNET : http://www.cstproxyvote.com 24 hours a day / 7 days a week INSTRUCTIONS: Read the accompanying Proxy Statement. Go to the following website: http://www.optimumbank.com/stockholder-information/ Have your Proxy Card in hand and follow the instructions. OPTIMUMBANK HOLDINGS, INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS April 29, 2024 OPTIMUMBANK HOLDINGS, INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To be held on May 29, 2024 To the Shareholders: The annual meeting of the shareholders of OptimumBank Holdings, Inc. will be held at the executive offices of OptimumBank, 2929 East Commercial Boulevard, Fort Lauderdale, Suite 303, Florida 33308, on Tuesday, May 29, 2024, at 10:00 a.m. for the following purposes: 1. To elect seven (7) directors; 2. To ratify the selection of Hacker, Johnson & Smith, P.A. as the Company&rsquo;s independent auditor for fiscal year 2024; and 3. To transact such other business as may properly come before the Annual Meeting. Only shareholders of record at the close of business on April 9, 2024, are entitled to notice of, and to vote at, this meeting. Also enclosed is a copy of our Annual Report on Form 10-K for 2023, which contains important information about our company. By order of the Board of Directors Moishe Gubin, Chairman Fort Lauderdale, Florida April 29, 2024 IMPORTANT Whether or not you expect to attend in person, we urge you to vote your shares at your earliest convenience. This will ensure the presence of a quorum at the meeting. Promptly voting your shares via the Internet, or by signing, dating, and returning the enclosed proxy card will save our company the expenses and extra work of additional solicitation. An addressed envelope for which no postage is required if mailed in the United States is enclosed if you wish to vote by mail. Submitting your proxy now will not prevent you from voting your shares at the meeting if you desire to do so, as your proxy is revocable at your option. Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to be held on May 29, 2024. Our Proxy Statement and Annual Report on Form 10-K for 2023 are available at http://www.optimumbank.com/stockholder-information/ 11 OPTIMUMBANK HOLDINGS, INC. 2929 East Commer

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View this DEF 14A filing on SEC EDGAR