First Foundation Inc. Files 8-K with Stock, Officer, and Bylaw Updates

Ticker: FFWM · Form: 8-K · Filed: 2024-07-09T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, equity-sale, corporate-governance

Related Tickers: FFWM

TL;DR

FFWM filed an 8-K detailing stock sales, officer changes, and bylaw amendments.

AI Summary

On July 8, 2024, First Foundation Inc. entered into a material definitive agreement related to its common stock. The company also reported on unregistered sales of equity securities and material modifications to the rights of security holders. Additionally, there were changes in directors and officers, including compensatory arrangements, and amendments to its articles of incorporation or bylaws.

Why It Matters

This filing indicates significant corporate actions, including potential equity adjustments and changes in leadership or governance, which could impact shareholder value and company direction.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements, unregistered sales of equity, and changes in corporate governance, which can introduce uncertainty and potential risks.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by First Foundation Inc. on July 8, 2024?

The filing indicates a material definitive agreement was entered into, but the specific details are not provided in this summary section of the 8-K.

What types of equity securities were sold in the unregistered sales reported?

The filing mentions unregistered sales of equity securities, but the specific type and amount are not detailed in this summary.

What specific modifications were made to the rights of security holders?

The filing notes material modifications to the rights of security holders, but the exact nature of these modifications is not specified in the provided text.

Were there any departures or appointments of directors or officers?

Yes, the filing indicates events related to the departure of directors or certain officers, election of directors, and appointment of certain officers, as well as compensatory arrangements.

What amendments were made to First Foundation Inc.'s articles of incorporation or bylaws?

The filing lists 'Amendments to Articles of Incorporation or Bylaws' as an item of information, suggesting changes were made, but the specifics are not detailed here.

From the Filing

0001104659-24-078463.txt : 20240709 0001104659-24-078463.hdr.sgml : 20240709 20240709083013 ACCESSION NUMBER: 0001104659-24-078463 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20240708 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Material Modifications to Rights of Security Holders ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240709 DATE AS OF CHANGE: 20240709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: First Foundation Inc. CENTRAL INDEX KEY: 0001413837 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36461 FILM NUMBER: 241106396 BUSINESS ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 949-222-2030 MAIL ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: KELLER FINANCIAL GROUP DATE OF NAME CHANGE: 20071001 8-K 1 tm2419008d1_8k.htm FORM 8-K false --12-31 0001413837 0001413837 2024-07-08 2024-07-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): July 8, 2024     FIRST FOUNDATION INC. (Exact name of registrant as specified in its charter)   Delaware 001-36461 20-8639702 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number)   200 Crescent Court , Suite 1400     Dallas , Texas   75201 (Address of Principal Executive Offices)   (Zip Code)   ( 469 ) 638-9636 (Registrant’s Telephone Number, Including Area Code)   N/A (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 of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) x 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))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   FFWM   New York Stock Exchange   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 accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 1.01. Entry into a Material Defini

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