OptimumBank Holdings, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the 2024 Annual Meeting of Shareholders held on May 30, 2024. OptimumBank Holdings, Inc. is incorporated in Florida and its common stock trades on The Nasdaq Stock Market LLC under the symbol OPHC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
As of the record date, there were 9,634,821 shares of common stock outstanding. A total of 7,355,282 shares (76.34%) were present in person or by proxy. The voting outcomes were as follows:
- Proposal 1 (Election of Directors): All seven nominees were elected.
- Moishe Gubin: 5,960,448 For, 340,254 Withhold.
- Joel Klein: 6,253,368 For, 47,334 Withhold.
- Martin Schmidt: 6,253,371 For, 47,331 Withhold.
- Avi Zwelling: 6,115,501 For, 185,201 Withhold.
- Thomas Procelli: 6,253,368 For, 47,334 Withhold.
- Michael Blisko: 6,253,371 For, 47,331 Withhold.
- Steven Newman: 6,253,371 For, 47,331 Withhold.
- Proposal 2 (Ratification of Auditor): The selection of Hacker, Johnson & Smith, P.A. as the independent auditor for fiscal year 2024 was ratified.
- For: 7,315,932
- Against: 1,297
- Abstain: 38,053
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (9,634,821) and the percentage of shares represented at the meeting (76.34%).
- Confirm the successful election of all seven director nominees, noting the specific vote counts for Moishe Gubin and Avi Zwelling which received higher withhold votes than other nominees.
- Confirm the ratification of Hacker, Johnson & Smith, P.A. as the independent auditor.
- Note that this filing contains no financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.