OptimumBank Holdings, Inc. Announces Completion of Exchange Offer for Trust Preferred Securities
OptimumBank Holdings, Inc. (OPHC)
US:NASDAQ Investor Relations:
optimumbank.com/information-center/investor-relations
Company Research
Source: GlobeNewswire
Fort Lauderdale, FL, Jan. 08, 2020 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ:OPHC) (www.OptimumBank.com) (the “Company”), the parent company of OptimumBank, today announced that it has completed the private offer to exchange (the “Exchange Offer”) a portion of its outstanding Trust Preferred Securities. The Exchange Offer was made pursuant to the Company’s confidential offering memorandum dated November 27, 2019. The Exchange Offer expired on December 26, 2019 (the “Expiration Date”). Pursuant to the Exchange Offer, on December 31, 2019, the Company issued 924,395 shares of its common stock, par value $0.01 per share (the “Common Stock”), for 1,881 Trust Preferred Securities, which had an outstanding balance of $2,643,769 as of the Expiration Date. The number of shares of Common Stock that were exchanged for each Trust Preferred Security was determined by dividing (i) the outstanding balance of each Trust Preferred Security as of the Expiration Date by (ii) th
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News
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024GlobeNewswire
- OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
OPHC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/24/24 - Form 8-K
- OPHC's page on the SEC website