OptimumBank Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2012 Annual Meeting of Shareholders held by OptimumBank Holdings, Inc. on April 24, 2012. The report was filed on May 16, 2012.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance events.
Material Changes
No material financial changes are reported in this filing. The document details the outcomes of shareholder votes regarding board composition and auditor ratification.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies.
Key Facts for Investors
- Shareholder Participation: Of 21,411,108 shares entitled to vote, 12,063,538 shares were voted in person or by proxy.
- Board Election: Shareholders elected all six nominees to the Board of Directors with overwhelming support (over 99.9% "For" votes for each nominee).
- Auditor Ratification: Shareholders ratified the appointment of Hacker, Johnson & Smith PA as the independent auditor for fiscal year 2012 with 12,062,019 votes "For" and 1,519 votes "Against".
- Broker Non-Votes: There were zero broker non-votes recorded for either the director elections or the auditor ratification.